RUNE Liquidation Calculator
The quick answer: a THORChain (RUNE) long is liquidated roughly 1 ÷ leverage below your entry (minus a ~0.5% maintenance margin) - about 9.5% at 10×, ~3.5% at 25× and ~0.5% at 100×; shorts mirror the same distance above entry. The calculator below gives your exact price for any entry, leverage and side - free, instant and private (it runs in your browser).
Live RUNE price loading…
How RUNE liquidation works
THORChain is a volatile cross-chain DeFi large-cap; liquidation distance shrinks quickly at high leverage. Liquidation happens when losses eat through the margin backing your position - the exchange force-closes it to stop the loss going past your collateral. The isolated-margin estimate is Entry × (1 − 1/Leverage + MMR) for a long and Entry × (1 + 1/Leverage − MMR) for a short, where MMR is the maintenance margin rate (about 0.5% on most RUNE perpetuals). RUNE futures list up to 50× leverage across the major venues, but the headline cap is a trap: the higher you go, the closer liquidation sits to your entry.
RUNE liquidation distance by leverage
How far THORChain has to move against an isolated-margin long before it is liquidated, at a 0.5% maintenance margin:
| Leverage | Move to liquidation | Initial margin |
|---|---|---|
| 5× | −19.50% | 20.00% |
| 10× | −9.50% | 10.00% |
| 25× | −3.50% | 4.00% |
| 50× | −1.50% | 2.00% |
At 100× a move of just ~1% wipes the position; at 5× you get roughly 19.5% of room. Because THORChain routinely moves several percent in a session, most traders who last keep RUNE leverage in the low-to-mid range and let the position breathe.
Worked example - 10× RUNE long
A 10× RUNE long entered at $3.5 with a 0.5% maintenance margin rate is liquidated at about:
Enter your own numbers above - the calculator prefills the live RUNE price, so you can see exactly where a real position would be wiped right now. Set your stop-loss comfortably inside that level and size by risk.
Common ways RUNE traders get liquidated
- Chasing max leverage. 50× on RUNE means a ~2.00% wick against you is game over - and RUNE prints wicks like that regularly.
- No stop-loss. Without a stop, the exchange's liquidation engine becomes your exit - at the worst possible price, plus a liquidation fee.
- Ignoring funding. On a crowded RUNE trade, funding drains your margin every 8 hours, nudging liquidation closer than the raw price math shows.
- Sizing by dollars, not risk. Size from your stop distance instead - see the position-size calculator.
See RUNE liquidations happen live
Numbers are one thing; watching real leverage get wiped is another. The live liquidations feed and the Rekt ticker show RUNE longs and shorts being force-closed across nine exchanges (Binance, Bybit, OKX, Hyperliquid, Gate, HTX, dYdX, BitMEX, Bitfinex) in real time - a spike in long liquidations often marks local capitulation, a spike in shorts a squeeze. Then rehearse the trade with zero risk on the RUNE paper-trading terminal at the live price, and screen the whole market on the futures screener.
FAQ
At what percentage is a RUNE position liquidated?
Roughly 1 ÷ leverage, minus the maintenance margin. A 10× RUNE position is liquidated after about a 9–10% adverse move; 25× after ~4%; 100× after ~1%.
Does the RUNE liquidation price change with position size?
For isolated margin, no - the liquidation price depends on entry, leverage and MMR, not on how big the position is. For cross margin your whole wallet balance backs the trade, which pushes liquidation further away; model that with the cross-margin calculator.
Is this RUNE liquidation calculator accurate?
It uses the standard isolated-margin formula and your exchange's maintenance margin. Real liquidation can differ slightly because of fees, funding and tiered maintenance margin on very large positions - treat the figure as a close estimate and leave a buffer.
Other coins & tools
Educational tool, not financial advice. Estimates exclude fees and funding and may differ from your exchange.