Futures

Liquidation Calculator

Estimate isolated-margin liquidation price for a leveraged long or short. Exchange formulas vary — treat this as an educational approximation.

Results

Est. liquidation price —

Buffer from entry —

Initial margin rate —

Liquidation hits when remaining margin cannot cover maintenance requirements. Higher leverage shrinks the buffer between entry and liquidation.

Approx. long liq ≈ Entry × (1 − 1/Leverage + MMR). Approx. short liq ≈ Entry × (1 + 1/Leverage − MMR). MMR = maintenance margin rate.

Entry $65,000, 10×, MMR 0.5% → liq ≈ 65,000 × (1 − 0.1 + 0.005) = $58,825 (~9.5% adverse move).

Entry $65,000, 25×, MMR 0.5% → liq ≈ 65,000 × (1 + 0.04 − 0.005) = $67,275. Small upside wipes the short.

Why does my exchange show a different liq price?

Exchanges add fees, funding, mark price, cross vs isolated margin, and tiered MMR. Always verify on the venue.

Is cross margin safer?

Cross can delay liquidation by using spare wallet margin, but a cascade can drain more capital. Understand mode before sizing.

How do I reduce liquidation risk?

Lower leverage, wider invalidation with smaller size, or add margin. Pair with the position size calculator.

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