What Is the Liquidation Price in Crypto Futures?

Liquidation Price is the exact price level at which your Crypto Futures position gets automatically closed because your remaining margin has fallen below the maintenance margin requirement. It's calculated from three inputs specific to your position — entry price, leverage, and the margin allocated to it — so it shifts whenever any of those inputs change. Once the market reaches this price, the position closes regardless of your intentions. Because it's specific to each individual position, two open positions on the same contract can carry two entirely different liquidation prices.

• Liquidation Price moves further away from your entry price as you add more margin, and moves closer as you increase leverage.
• It's tracked against the Mark Price, not the last traded price, so a short-lived spike on a single venue doesn't automatically trigger your liquidation.
• Checking your Liquidation Price before opening a position — not after — tells you upfront how much room the trade has before things go wrong.
• Liquidation Price is specific to each open position and recalculates whenever you adjust margin or leverage on that position.
• The distance between your entry price and Liquidation Price is effectively your risk buffer against volatility.

Related questions:

Q: What determines my Liquidation Price?
Your entry price, leverage, and the margin allocated to the position — more margin pushes it further away, more leverage pulls it closer, recalculated together whenever any input changes.

Q: Does Liquidation Price change after I open a position?
Yes. It recalculates whenever you add or remove margin, or adjust leverage — topping up margin as the market moves is a direct way to push it further away.

Q: Is Liquidation Price the same as the last traded price when liquidation happens?
No. Liquidation is triggered against the Mark Price, a weighted average across major exchanges, preventing a brief spike on one venue from forcing liquidation.

Q: Can I see my Liquidation Price before opening a position?
Yes. Pluang shows an estimated Liquidation Price before you confirm the position based on your entry price, leverage, and margin, so you can adjust any of them first.

Q: Why do two positions on the same contract have different Liquidation Prices?
Liquidation Price depends on each position's own margin and leverage — more margin or lower leverage sits further from liquidation, even at the same entry price.