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Help Center > Overview > Liquidation Price (USDT Contract) >

Liquidation Price (USDT Contract)

Date: 2024-04-30 09:58:35

Isolated margin: 

Est. Liq Price for Long position: (OpenValue - assignedPosBalance - mmAmount)/(0.9994 - MMR)/size

Est. Liq Price for Short position: (OpenValue + assignedPosBalance + mmAmount)/(1.0006 + MMR)/size 

assignedPosBalance=Openvalue/leverage + close fee

close fee=bankruptcy Value*takerfeerate

let's see the example below:

OpenValue=500x0.4x1=200

assignedPosBalance=200/5+ (200-200/5)x0.06%=40.096

(200-40.096-0)/(0.9994-0.01)/500=0.3232...

*Actual liquidation price can differ from the value of the unrealized loss at entry.


Cross margin: 

Under cross-margin mode, the positions in the same settlement currency will be liquidated based on the Margin Level {Margin Level = Position Equity / Maintenance Margin}. When the margin level reaches 100%, liquidation will be triggered.

In cross mode, Position Equity = Contract Account Balance + Total Cross Unrealized PNL - Total Isolated Position Margin - Order Used

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