Crypto Liquidation Price Calculator
Estimate where a leveraged long or short gets liquidated on Binance, Bybit, OKX and other perpetual futures exchanges - isolated or cross margin - and how far that is from your entry.
Your position
Maintenance margin rate: Binance and Bybit tiers start at 0.4-0.5% for BTC perpetuals and rise with position size. Check your exchange's margin tier table for large positions or smaller altcoins.
Estimated liquidation
Enter your entry price, leverage and position size to see the liquidation price.
How the calculation works
A position is liquidated when the loss eats through the initial margin down to the maintenance margin the exchange requires to keep it open. With leverage L and maintenance margin rate mmr:
isolated long = entry × (1 − 1/L + mmr)
isolated short = entry × (1 + 1/L − mmr)
bankruptcy = entry × (1 ∓ 1/L)
example: $60,000 long at 10x, mmr 0.5%
= $60,000 × (1 − 0.10 + 0.005)
= $54,300 (9.5% below entry)
cross: replace L with notional ÷ (margin + wallet balance)In cross margin the free balance in your wallet counts as collateral, so the effective leverage is lower and liquidation sits further away. The bankruptcy price is where the entire collateral would be gone; the exchange closes the position before that, keeping the gap as a liquidation fee or insurance-fund contribution.
This is a simplified model. Binance, Bybit, OKX and others apply maintenance margin in tiers that increase with position size, use mark price for the trigger, and include open orders and unrealised P&L from other positions in cross mode. Treat the result as a planning estimate, not a guarantee.
Liquidation FAQ
How is the liquidation price calculated?
For an isolated long: entry × (1 − 1/leverage + maintenance margin rate). For a short: entry × (1 + 1/leverage − maintenance margin rate). A $60,000 long at 10x with a 0.5% maintenance rate liquidates near $60,000 × (1 − 0.1 + 0.005) = $54,300, a 9.5% drop. Cross margin adds your available wallet balance to the collateral, which pushes the level further away.
Why is my exchange's liquidation price slightly different?
Exchanges use tiered maintenance margin rates that rise with position size, liquidate on mark price rather than last price, and reserve a fee buffer. Binance and Bybit start at 0.4-0.5% for BTC perpetuals in the smallest tier; large positions can be several percent. This calculator is an estimate - the figure shown in your exchange's order form is the one that counts.
What is the difference between liquidation price and bankruptcy price?
The bankruptcy price is where the loss equals your entire collateral: entry × (1 ∓ 1/leverage). The exchange closes the position before that, at the liquidation price, so there is still maintenance margin left to cover the closing trade. The gap between the two is what the exchange keeps as the liquidation fee or pays into its insurance fund.
Does cross margin make liquidation less likely?
It moves the liquidation price further away because your whole available balance backs the position. The trade-off is that a liquidation in cross mode can take the entire wallet balance, not just the margin you allocated. Isolated margin caps the loss at the margin on that position.
What leverage is safe for crypto?
There is no universally safe number, but the distance to liquidation is the useful measure. At 10x a 9.5% move liquidates you; at 50x it takes 1.5%; at 100x about 0.5%. Bitcoin regularly moves 2-5% in a day and altcoins more, so leverage above 20-25x leaves almost no room for normal volatility. Most experienced traders set the position size from their stop-loss first and treat leverage only as a margin setting.
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