Liquidation price calculator
On September 25, 2026 at 16:07 UTC, at the Binance BTC mark price of $83,940, a $10,000 isolated 10x BTC long with a 0.5% maintenance margin rate had a liquidation price of $75,926, 9.55% below the entry. The same 10x short liquidates at $91,875. An isolated long at 19x or more liquidates before a 5% price drop.
Find the price at which a leveraged perpetual futures position is liquidated. Pick the asset and the venue. The calculator uses the live venue price and the venue tier table.
$75,931
Liquidation price · 9.55% below entry
$1,000.00
Initial margin · 10x on $10,000
$50.00
Maintenance margin at entry · 0.50% rate
Your position
Values stay in your browserPick a venue to use its tier table, or type the rate from the venue margin schedule.
20x on ETH: liquidation price by venue
Each row prices a $10,000 isolated 20x ETH position with the tier table of the venue and the live ETH price of the venue at September 25, 2026, 16:21 UTC. The venues use different maintenance rates, so the same trade liquidates at different prices. A venue that does not accept 20x at this size says so in the Venue column.
| Venue | Entry | Tier rate | Long liquidation | Short liquidation | Checked |
|---|---|---|---|---|---|
| Binancetier 1 · max 150x | $2,688 | 0.40% | $2,5634.62% away | $2,8114.58% away | 2026-09-25 |
| Bybittier 1 · max 150x | $2,687 | 0.33% | $2,5614.69% away | $2,8124.65% away | 2026-09-25 |
| OKXtier 1 · max 100x | $2,686 | 0.40% | $2,5624.62% away | $2,8104.58% away | 2026-09-25 |
| Hyperliquidtier 1 · max 25x | $2,689 | 2.00% | $2,6073.06% away | $2,7682.94% away | 2026-09-25 |
| Astertier 2 · max 150x | $2,688 | 0.33% | $2,5614.70% away | $2,8134.66% away | 2026-09-25 |
| Bitgettier 1 · max 150x | $2,688 | 0.40% | $2,5634.62% away | $2,8114.58% away | 2026-09-25 |
| Gate.iotier 1 · max 200x | $2,687 | 0.30% | $2,5604.71% away | $2,8134.69% away | 2026-09-25 |
| MEXCtier 1 · max 500x | $2,687 | 0.10% | $2,5554.90% away | $2,8184.90% away | 2026-09-25 |
Worked example at the live BTC price
The entry is the Binance BTC mark price of $83,940 at September 25, 2026, 16:07 UTC. A $10,000 isolated 10x long uses $1,000.00 of initial margin. With a 0.5% maintenance margin rate, it liquidates at $75,926, 9.55% below the entry. The same short liquidates at $91,875, 9.45% above the entry.
| Leverage | Long liquidation | Drop | Short liquidation | Rise |
|---|---|---|---|---|
| 2x | $42,181 | 49.75% | $125,284 | 49.25% |
| 5x | $67,489 | 19.60% | $100,227 | 19.40% |
| 10x | $75,926 | 9.55% | $91,875 | 9.45% |
| 20x | $80,144 | 4.52% | $87,699 | 4.48% |
| 50x | $82,675 | 1.51% | $85,193 | 1.49% |
| 100x | $83,518 | 0.50% | $84,358 | 0.50% |
Liquidation price formula
A venue liquidates a position when its equity falls to the maintenance margin. The maintenance margin is a rate on the position value at the mark price.
Long: liquidation price = entry × (1 − margin ÷ position value) ÷ (1 − maintenance rate)
Short: liquidation price = entry × (1 + margin ÷ position value) ÷ (1 + maintenance rate)
In isolated mode, the margin is the position value divided by the leverage. In cross mode, the margin also includes the free balance of the account. A long with margin equal to the full position value has no liquidation price above zero.
Venues raise the maintenance rate for large positions with a tier table. PerpFinder reads the tier tables of 8 venues from their public endpoints: Binance, Bybit, OKX, Hyperliquid, Aster, Bitget, Gate.io, MEXC. The calculator uses the tier that holds your position at the liquidation price. Most tables also have a deduction, so the maintenance margin does not jump at a tier edge.
Maintenance margin = position value × tier rate − tier deduction
For the other 57 active venue profiles, PerpFinder has no sourced tier table. For these venues, type the rate from the venue margin schedule. Your venue can show a different price, because it charges a liquidation fee and applies funding to the margin. Use the liquidation price on the venue position screen as the final value.
Terms used on this page
- Maintenance margin
- Maintenance margin is the minimum margin that an open position must keep. When the position equity falls to this level, the venue liquidates the position.
Questions answered from the data
What is the liquidation price of a 10x BTC long?
At the Binance BTC mark price of $83,940 at September 25, 2026, 16:07 UTC, a $10,000 isolated 10x long with a 0.5% maintenance margin rate liquidates at $75,926. That is 9.55% below the entry. The same 10x short liquidates at $91,875.
Does cross margin change the liquidation price?
Yes. In cross mode, the free balance in the account also supports the position. In the same 10x long, $1,000 of free balance moves the liquidation price from $75,926 to $67,489. Other open positions in the account can move it back.
Where is the liquidation price of a 20x ETH long?
On Binance, at the ETH price of $2,688, a $10,000 isolated 20x long uses tier 1 with a 0.40% maintenance rate. It liquidates at $2,563, 4.62% below the entry. The same short liquidates at $2,811. Hyperliquid allows at most 25x on ETH at this size.
What leverage liquidates a long after a 5% drop?
With a 0.5% maintenance margin rate, an isolated long at 19x or more liquidates before a 5% drop. At 18x, the liquidation price is 5.08% below the entry.
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