Crypto leverage calculator
What leverage does to a position: the margin it needs, the ROE a 1% price move gives and how close liquidation comes. The coin and exchange fill in the live price, the maintenance margin rate and the fee.
Loading prices…
The liquidation price is for isolated margin, by the formula Binance, Bybit, OKX and others publish: margin plus the unrealised result falls to the maintenance margin. Fees and funding charged on the way move it slightly; the exchanges' own calculators leave them out too.
Result
Pick a coin and an exchange, or type an entry price.
How it counts
Margin = position value / leverage. At 10× you put in a tenth of the position from your own money.
Profit and loss are counted on the whole position and ROE on the margin, so ROE is roughly the leverage times the price move: at 10× a 1% move gives about 10% ROE before fees, either way.
The distance to liquidation is about 1 / leverage less the maintenance margin rate: the higher the leverage, the shorter it is. The exchange caps leverage by position size; the calculator warns when it is above the first tier's limit.
Example: a long of 10 ETH at $1,000 with $1,000 of margin (10× leverage) at a 0.4% maintenance rate. The liquidation price is $903.6145, about 9.6% below the entry.
Related pages
- Futures calculator — profit, ROE and liquidation of a futures position, the size a risk allows and a two-leg arbitrage trade
- Liquidation calculator — the liquidation price of a long or a short at the exchange's maintenance margin rate
- Position size calculator — the position size from the risk per trade and the stop loss, with the minimum leverage
- Crypto profit calculator — the profit of a coin trade on one exchange and its break-even sell price
- Futures — futures routes now: basis and funding between exchanges, profit after fees
- Futures basis — spot–futures basis by exchange and coin
- Funding — funding rates on every exchange
- Calculator — the spot arbitrage calculator, with the transfer between exchanges
FAQ
- How do you calculate leverage?
- Leverage = position value / margin. To open a position of 1,000 USDT with 100 USDT of your own, the leverage is 10×.
- Why does high leverage get liquidated on a small move?
- The margin is a thin slice of the position, so a small move against it uses the slice up. At 100× the margin is 1% of the position, and with a 0.5% maintenance rate liquidation sits about half a percent away. The result below shows the exact distance for your leverage.
- How does leverage affect profit?
- The profit in dollars depends on the position size, not on the leverage. Leverage changes the margin, and so the ROE: for the same size a smaller margin means a higher ROE, and a loss that is a bigger share of it.
- Which leverage should I use?
- The calculator does not advise. See where liquidation falls and compare it with your stop loss: the stop should hit first. The position size calculator sizes a position for a stop.