20x Liquidation Calculator
See exactly where a 20× leveraged position gets liquidated - long or short, any entry. At 20×, liquidation sits only about 4.50% from your entry. Free and private.
At 20x leverage the liquidation buffer is about 4.50% of your entry. From live prices right now: a 20x BTC long from $76,972 is liquidated near $73,509, a 20x ETH long from $2,239 is liquidated near $2,139, a 20x SOL long from $95.3 is liquidated near $91.01 (0.5% maintenance margin; shorts mirror the same distance above the entry). Over the past 24 hours BTC +0.00%, ETH +0.00%, SOL +0.00% - all inside the 20x buffer this time. Market-wide, $923.7 million in leveraged positions was liquidated over the past 24 hours ($760.9 million from longs, $162.8 million from shorts).
See it live: Full liquidation calculator · Practice risk-free with paper trading
How far is liquidation at 20× leverage?
The liquidation buffer is approximately 1 / leverage, minus a small maintenance margin. At 20×, that's about 4.50% against your position. The buffer is small, so a fast wick can liquidate you before a stop fills.
Worked example
A 20× long entered at $60,000.00 is liquidated at roughly:
Always set your stop-loss inside that level. Learn more in crypto leverage explained and how to avoid liquidation.
20× in context - liquidation distance by leverage
The same trade at different leverage levels, showing how much room each one gives before an isolated-margin long is liquidated (0.5% maintenance margin):
| Leverage | Move to liquidation | Buffer |
|---|---|---|
| 5× | −19.50% | comfortable |
| 10× | −9.50% | comfortable |
| 20× this page | −4.50% | thin |
| 25× | −3.50% | thin |
| 50× | −1.50% | extremely thin |
| 100× | −0.50% | extremely thin |
Who 20× leverage is for
20× is an intermediate level: enough amplification to matter, but the ~4.5% buffer leaves almost no room for normal volatility. Use it only on liquid majors, with a stop-loss set before you enter and position size worked out from that stop - not the other way round.
How to survive 20× leverage
- Set the stop first. Decide your invalidation price, then size the position so that stop equals a fixed % of your account (1–2%). The position-size calculator does the math.
- Keep liquidation far from your stop. If liquidation and your stop are almost on top of each other, a wick can beat your stop to the punch - lower the leverage or widen the stop.
- Count fees and funding. Both eat margin and pull liquidation closer than the raw 4.50% - model them with the funding calculator.
- Rehearse it first. Open the same 20× trade on the paper-trading terminal at live prices, risk-free, until the liquidation behaviour is muscle memory.
Compare other leverage levels
Educational tool, not financial advice. Estimates exclude fees and funding and may differ from your exchange.
Maintenance margin, fee tiers and funding intervals differ per exchange - these are the ones this calculator is modelled on.
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