Trader tools
Entry, leverage and maintenance margin in. The price where a leveraged long or short is closed out, and how far away it is.
The price you open the position at.
From 1x to 1000x.
Your venue publishes this. It often rises with position size.
Adds position size and how much margin is lost at liquidation.
Results appear here as you type.
Still needed: entry price, leverage, maintenance margin
The position is isolated: its margin is the only collateral behind it. A position is liquidated when its equity falls to the maintenance requirement, which is maintenance margin % x position value at the current price.
For a long with leverage L and maintenance rate m: liquidation = entry x (1 - 1/L) / (1 - m). For a short: liquidation = entry x (1 + 1/L) / (1 + m).
Higher leverage moves the liquidation price closer to entry. At the highest settings a small move wipes out the margin. If the starting margin 1/L is not above m, the position would be liquidated the moment it opens, so the calculator reports an error.
Real venues differ. Exchanges use tiered maintenance rates, charge funding and trading fees, close positions at a mark price rather than the last trade, and may add a liquidation fee. Cross margin shares collateral across positions and gives a different price. Treat this as an estimate and check your venue.
Educational use only, not financial advice. This calculator works only from the numbers you type. It does not use live prices and it cannot predict what a market will do.
