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    Binance Liquidation Price: Formulas and Examples

    Understand Binance Futures liquidation estimates with isolated and cross-margin formulas, worked examples, maintenance tiers and model limitations.

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    Isolated Margin Liquidation Price Formula (Long & Short)

    Liquidation can begin when eligible margin no longer meets maintenance requirements. The trigger is not a guaranteed execution price or a statement of final loss. This guide explains a one-way linear model and its assumptions. The linked educational calculator uses a simpler additive approximation; it does not reproduce every Binance account or include trading fees and funding in its liquidation estimate.
    Illustration for a one-way linear USDⓈ-M position. E = entry price; q = positive base-asset quantity; m = maintenance rate; A = maintenance amount. Confirm the tier at the calculated mark-price threshold. These equations do not cover hedge mode, portfolio margin or every account feature.
    LP (long) = (q × E − C − A) ÷ [q × (1 − m)].
    C = WB + UPNL₁ − TMM₁. For cross margin, WB is cross-wallet balance; UPNL₁ is other contracts’ unrealized PnL and TMM₁ is their total maintenance margin. For isolated margin, C is the margin assigned to this position; both other-contract terms are zero.
    LP (short) = (q × E + C + A) ÷ [q × (1 + m)].
    Use the current contract rules and bracket parameters, including the maintenance deduction. Costs and funding settlements can change available collateral; funding intervals can change. Recalculate when the position or account changes.
    Cross margin is not always farther from liquidation: other positions consume maintenance margin as well as contributing profit or loss. A profitable hedge need not improve the buffer. Compare eligible collateral and all account requirements at the same snapshot; funding, fees and changing positions can move the threshold.
    The reciprocal-leverage shortcut assumes zero maintenance and zero costs. It describes margin exhaustion, not the maintenance-triggered liquidation price.

    Step-by-Step Calculation

    1

    Define the trade

    Long 1 BTC on BTCUSDT perpetuals at an entry price of $65,000 with 20x isolated leverage. Position notional = 1 × $65,000 = $65,000. Initial margin (IMR = 1/20 = 5%) = $3,250.

    2

    Look up the bracket parameters

    On Binance's BTCUSDT tiered margin schedule, a $65,000 notional sits in the lowest bracket. Maintenance Margin Rate (MMR) = 0.40% = 0.004. Maintenance Amount (cum_b) for that bracket = 0 USDT. These values are published in the 'Leverage & Margin' table on the Binance Futures page for each symbol.

    3

    Apply the long liquidation formula

    LP = (3,250 + 0 − 1 × 65,000) ÷ (1 × (0.004 − 1)) ≈ $61,998.

    4

    Cross-check with the approximation

    The additive shortcut gives $62,010 instead of $61,998: a difference of about $12, even with A = 0. It uses entry notional for maintenance; the equation above uses mark notional. This is an approximation, not an exact exchange quote.

    5

    Adjust for fees, funding and added margin

    Binance's displayed liquidation price excludes future funding payments and trading fees, which gradually pull the liq price closer to entry on a long that pays funding. Adding margin to an isolated position (Wallet Balance ↑) pushes the long liq price down; withdrawing margin pushes it up. Recalculate after every margin change.

    Under these stated assumptions, the modeled trigger is about $61,998, a 4.62% decline from entry. The trigger is not a guaranteed execution price or an exact final loss; mark price, fees and the liquidation process matter.

    Liquidation at 10x vs 50x vs 100x

    LeverageLiq. Price (approx)Distance to Liq.Risk Level
    3x~$43,593~32.93%Moderate
    10x~$58,760~9.6%High
    20x~$62,010~4.6%High
    50x~$63,960~1.6%Very high
    100x~$64,610~0.6%Extreme
    125x~$64,740~0.4%Maximum

    In this table's additive example, 100x leaves about 0.6% between entry and the estimated trigger. This is a model result, not a measured frequency of market moves or a guaranteed final loss. The risk labels are qualitative comparisons within this example, not probabilities or a complete risk assessment.

    BTCUSDT maintenance tiers — observed 2026-09-07

    Snapshot observed on 2026-09-07 from Binance public trading parameters (https://www.binance.com/en/futures/trading-parameters/perpetual/leverage-margin), for the BTCUSDT USDⓈ-M perpetual contract. Maintenance margin = N × m − A, where N is notional at the mark price, m is the rate as a decimal and A is the maintenance deduction in USDT. Published maximum leverage is not a promise of availability for your account; check current contract and account limits before use.
    TierNotional (USDT)Maximum leverageMaintenance margin rateMaintenance deduction A (USDT)
    10 – 300,000150x0.40%0
    2300,000 – 800,000100x0.50%300
    3800,000 – 3,000,00075x0.65%1,500
    43,000,000 – 12,000,00050x1.00%12,000
    512,000,000 – 70,000,00025x2.00%132,000
    670,000,000 – 100,000,00020x2.50%482,000
    7100,000,000 – 230,000,00010x5.00%2,982,000
    8230,000,000 – 480,000,0005x10.00%14,482,000
    9480,000,000 – 600,000,0004x12.50%26,482,000
    10600,000,000 – 800,000,0003x15.00%41,482,000
    11800,000,000 – 1,200,000,0002x25.00%121,482,000
    121,200,000,000 – 1,800,000,0001x50.00%421,482,000

    This tier summary is not a complete account calculation. Check the current contract's maintenance rate and maintenance deduction at the calculated mark-price notional. A larger maintenance requirement changes the threshold, but does not by itself establish when liquidation will occur; collateral and other positions also matter.

    Using Binance's Calculator

    1

    Open the Futures order panel

    On binance.com/en/futures/BTCUSDT (or your chosen pair), the calculator icon sits in the top-right of the order entry panel, next to the leverage selector. The same calculator is available in the mobile app under the position screen.

    2

    Pick the right tab

    The calculator has three tabs: PnL (returns a profit/loss given entry, exit and size), Target Price (returns the exit price needed for a target ROE%), and Liquidation Price. They share inputs but solve for different unknowns — make sure you're on the Liquidation Price tab before reading the output.

    3

    Match the margin mode to your position

    Use the actual margin mode and eligible collateral. For a one-way isolated position, use its assigned margin. For cross margin, other contracts' unrealized PnL and maintenance requirements also matter. Recalculate after changes to position size, collateral, settled costs or applicable tiers; neither mode makes the estimate permanently fixed.

    4

    Test margin top-ups before committing

    On an isolated long, increasing the assigned margin in the calculator pushes the liq price further below entry; reducing it pulls liq price toward entry. This lets you size a margin add (e.g. 'how much USDT do I need to move liq from $58k to $55k?') before clicking Add Margin on the live position.

    5

    Remember what the number excludes

    A current account estimate should reflect costs already settled into its balances. Future funding and execution costs remain uncertain. Fee rates and funding schedules depend on the contract and account; check the current terms and next settlement rather than assuming one fee or an eight-hour interval. A hypothetical calculator only knows the inputs supplied.

    Tips to Avoid Liquidation on Binance

    Assess position size, eligible collateral and potential loss together. A leverage setting alone does not establish that a position is suitable or safe.

    Isolated margin assigns collateral to a position. Later margin additions increase the funds exposed. Check any separately enabled strategy or automatic funding feature and its rules; do not assume the initial margin is a permanent loss cap.

    Compare stop and liquidation triggers on the same price reference: a long's adverse stop should be above its liquidation threshold, a short's below. Mark-price liquidation can precede a last-price stop. Price gaps, slippage and partial or failed fills remain possible; no fixed percentage buffer guarantees protection.

    For the Futures metric used here, margin ratio is maintenance margin divided by margin balance; 100% is the liquidation threshold. A reading below 80% is only a buffer, not a guarantee. Price moves and account changes can consume it quickly; other account modes can use different metrics.

    Always verify your liquidation price using Binance's built-in calculator or our free Liquidation Calculator before confirming any trade.

    Liquidation Calculator

    Frequently Asked Questions

    How do I calculate liquidation price on Binance at 100x leverage?
    Illustrative one-way isolated long, with no extra margin or costs: BTCUSDT: E = $65,000, q = 1 BTC, L = 100x, m = 0.4%, A = $0. LP = (1 × 65,000 − 650 − 0) ÷ [1 × (1 − 0.004)] ≈ $64,608. Confirm the maintenance tier at the calculated mark price. The additive calculator gives $64,610 under these inputs; the equation above uses maintenance at mark notional. Neither is an account-specific exchange quote or a guaranteed fill. Check the current contract and account state in Binance; fees, funding and other account features can change the result.
    Does Binance show liquidation price before I open a trade?
    Yes. On Binance Futures, when you enter your order details (leverage, position size, entry price), the estimated liquidation price is displayed before you confirm the trade. You can also use the built-in calculator in the Binance Futures trading interface.
    What is Binance's maintenance margin rate?
    Binance uses a tiered maintenance margin system with rates starting at 0.4% for Tier 1 positions (up to $300k notional). As your position grows, maintenance requirements step up bracket by bracket — reaching 50% for the very largest positions (brackets as of July 2026).
    Is the liquidation price different for isolated vs cross margin on Binance?
    Cross margin is not always farther from liquidation: other positions consume maintenance margin as well as contributing profit or loss. A profitable hedge need not improve the buffer. Compare eligible collateral and all account requirements at the same snapshot; funding, fees and changing positions can move the threshold.
    Can I change my leverage on Binance after opening a position?
    Binance permits leverage adjustments subject to account and contract limits. The setting affects initial-margin requirements. With quantity, entry, eligible collateral, maintenance tier and other account inputs held fixed, changing the setting alone does not change the liquidation balance equation. If the adjustment also changes assigned collateral or exposure, recalculate using those changed inputs.
    What happens to my funds after liquidation on Binance?
    Liquidation can reduce or close a position. Final losses depend on execution, applicable fees and account rules. Isolated exposure uses assigned collateral, including later additions; cross exposure uses shared eligible collateral. Insurance-fund handling is conditional, and uncovered bankrupt positions can lead to auto-deleveraging (ADL). Do not assume every deficit is insured or the initially assigned margin determines every final outcome.

    Derivatives & Leveraged Products — Important Risk Warning

    Derivatives and leveraged products are complex and carry a high risk of rapid, substantial losses. Depending on the product and account rules, losses can exceed the initial margin or money committed. A stand-alone purchased option can lose its entire premium plus transaction costs; writing options, exercising into another position, or combining positions can create additional obligations. An uncovered call writer can face unlimited loss. Applicable legal protections can affect the loss boundary.

    You should carefully consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money. This content is for educational purposes only and does not constitute financial advice, investment advice, or a recommendation to trade derivatives.

    Legal availability and regulatory protections depend on the product, service, provider and jurisdiction. In the EU, check the applicable investment-services rules, including MiFID II where relevant, and any product restrictions. Before trading, verify with the relevant regulator whether the provider has the permissions required for the service and whether the product may be offered to you. A website being accessible, or a product appearing on this website, does not establish authorization or eligibility.

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