How Binance liquidation actually works
Your position is liquidated when your margin can no longer cover the maintenance margin the exchange requires. On isolated margin, the liquidation price is fixed at entry by your leverage, the maintenance-margin rate, and fees:
- Higher leverage → liquidation sits closer to your entry. At 20x a move of roughly 1/20 (≈5%) against you wipes the position; at 100x it's about 1%.
- Maintenance margin rate (MMR) grows in tiers as your position gets bigger. Majors like BTC start near 0.4%; smaller alts can be 2–3%.
- Fees and funding eat your margin. Many traders aren't liquidated by price, but by accumulated funding over time.
This calculator uses the full Binance isolated-margin formula (calibrated to the cent against real positions) and folds in taker fees, so the number you see is the real death line — not the optimistic one.