Futures calculator
Know your liquidation price before you open a trade, size your position to the risk you can afford, and see your real profit after fees.
| Leverage | Margin | Liquidation price | Price move to liquidation |
|---|
How the numbers work
- How is the liquidation price worked out?
- For an isolated USDT-margined position, a long is liquidated near entry × (1 − 1/leverage + maintenance margin) and a short near entry × (1 + 1/leverage − maintenance margin). Exchanges add fees and use the mark price, so the real level can be slightly closer. Treat the result as a guide and check your exchange's own number.
- Why size by risk instead of leverage?
- The amount you lose if your stop loss is hit depends on the position size and the distance to the stop, not on the leverage. Leverage only changes how much margin you put up, and how close liquidation is.
- Is high leverage ever safe?
- At 50× a 2% move against you wipes out the position. Most traders who last use low leverage and a stop loss that sits well before the liquidation price. See live funding rates before you trade.