Liquidation Price

The price when the position is liquidated. When a position is liquidated it is automatically market closed and the taker fee is applied.

The liquidation price for a position is calculated based on the entry price and amount of collateral provided. The higher the leverage, the lower the collateral amount, therefore the higher the risk of liquidation.

To prevent your position from getting liquidated ALWAYS USE STOP LOSS orders.

Positions can only be liquidated using the Mark Price (the price from the price source).

When a position is liquidated, the collateral for the position is not collected, only the taker fee.

Liquidation Price Formula

$$LP = NLP ± P * C$$

Definitions

LP	Liquidation Price
NLP	Net Liquidation Price
P	Entry Price
C	Margin Call Coefficient
M	Margin (Collateral)
MOV	Allowed price movement before margin call
FC	Funding Cost
S	Position Size
FB	Funding Blocks (the number of blocks the position is opened for)
FR	Funding Rate (rate per block)
L	Leverage
MM	Maintenance Margin

Formulas

Parameter	Formula
NL	P ± MOV
MOV	(M - FC) / S
FC	S * P * FB * FR
C	MM / L
L	P * S / M

Use Stop-Limit (Stop-Loss) orders to prevent the position from getting liquidated!