Crypto Liquidation Price Calculator (Long & Short)

Crypto Liquidation Price Calculator

Work out where an isolated-margin perpetual futures position is liquidated, for a long or a short, from the entry price, the leverage and the exchange's maintenance margin rate. The form starts with the live price of the coin you pick.

With BTC at a live price of $84,656.00, a 10x long opened now is liquidated near $76,442.66 (-9.70%), at a 0.33% maintenance margin rate.

BTC price: Binance perp, liveMaintenance margin: Bybit's first risk tier for BTCUSDT (0.33%)As of 19:36 UTC

Your position

USDT perps, isolated margin

Result

Link to this calculation

Liquidation price: $76,442.66
Distance from entry: -9.70%
Initial margin (share of position): 10.00%

Estimate: These are estimates. Exchanges use tiered maintenance margin (bigger positions need more), liquidate on the mark price rather than the last trade, and handle fees and cross margin their own way. Check your exchange's position screen before you trade.

Worked example

BTC long, the numbers above

You open a 10x long on BTC at $84,656.00. Your initial margin is 1 ÷ 10 = 10.00% of the position's value.
The exchange keeps 0.33% of the position's value as maintenance margin. You are liquidated when your losses eat everything above that.
Liquidation price = entry × (1 − 1/leverage) ÷ (1 − MMR) = $84,656.00 × (1 − 0.1) ÷ (1 − 0.0033) = $76,442.66.
That is 9.70% below your entry. A 9.70% move against you closes the position and you lose the margin.

The formula

Long: Liquidation = Entry × (1 − 1/Leverage) ÷ (1 − MMR − fee)

Short: Liquidation = Entry × (1 + 1/Leverage) ÷ (1 + MMR + fee)

With isolated margin you put up 1/leverage of the position's value as margin. The exchange closes the position when your unrealised loss leaves only the maintenance margin (MMR × the position's value), plus the fee it will charge to close. Higher leverage means less margin and a liquidation price closer to your entry: roughly 1/leverage away, minus the maintenance margin.

The fee is optional: leave it at 0 for the classic formula, or enter your taker fee to include the fee to close, as Bybit does. The quantity doesn't matter in isolated margin, except that bigger positions move into higher maintenance margin tiers.

Crypto Liquidation Price Calculator FAQ

How is the liquidation price calculated?

For an isolated long: entry × (1 − 1/leverage) ÷ (1 − maintenance margin rate). For a short: entry × (1 + 1/leverage) ÷ (1 + maintenance margin rate). The position is closed when your losses leave only the maintenance margin, which is a small share of the position's value.

Does position size change the liquidation price?

Not in this model: in isolated margin both your margin and your losses grow with the quantity, so it cancels out. On a real exchange a large position moves into a higher risk tier with a higher maintenance margin rate, which brings the liquidation price closer.

What maintenance margin rate should I use?

The first tier is usually 0.3% to 0.5% for BTC and ETH and 1% or more for most other coins. When the coin has a Bybit perp, this page prefills its first-tier rate from Bybit's public API. Your exchange's contract details show the exact tiers.

Why does my exchange show a different liquidation price?

Exchanges add fees to close, liquidate on the mark price, use tiered margin and, in cross margin, count your whole balance. Treat this as an estimate. For where liquidations are actually happening, see the live liquidations feed.