How it works
For an isolated, linear (USDT-margined) position, ignoring fees and funding:
- Long: Liquidation ≈ Entry × (1 − 1/Leverage + MMR)
- Short: Liquidation ≈ Entry × (1 + 1/Leverage − MMR)
1/Leverage is your initial margin rate and MMR is the maintenance margin rate. Example: a 10x long at 100 with 0.5% MMR liquidates near 100 × (1 − 0.1 + 0.005) = 90.5.
This is an estimate. Exchanges use tiered maintenance margin, mark price, fees and their own formulas. Always check the liquidation price your exchange shows before trading.