Calculate your exact liquidation price on Phemex perpetual contracts using Phemex's maintenance margin rates.
Phemex offers perpetual contracts on major crypto pairs with up to 100× leverage. Like other professional derivatives exchanges, Phemex uses mark price for liquidation to protect traders from order book manipulation.
Phemex liquidation details:
Phemex's unique angle: The 0.010% maker fee on perpetuals is among the lowest available. Combined with careful position sizing, Phemex is a cost-efficient platform for limit-order futures traders who prioritize low fees over maximum liquidity depth.
Leverage
A multiplier that lets you control a larger position than your deposited capital — amplifying both gains and losses.
Liquidation Price
The price at which your leveraged position is forcibly closed by the exchange to prevent negative balance.
Margin
The collateral you deposit to open and maintain a leveraged trading position.
Maintenance Margin
The minimum account balance required to keep a leveraged position open — falling below this triggers liquidation.
Phemex uses a tiered maintenance margin system. For BTC USD perpetual contracts, the base maintenance margin is approximately 0.5% for standard retail positions. Verify current rates in Phemex's contract specifications.
No — Phemex's premium membership only removes spot trading fees. Futures liquidation mechanics and maintenance margin requirements are identical for both standard and premium members.
Liquidation Price
Calculate the exact liquidation price for any leveraged crypto position. Know your liquidation distance before entering any leveraged trade.
Phemex Fees
Calculate your exact Phemex trading fees for perpetual contract trading, including maker/taker rates and premium membership benefits.
Bybit Liquidation
Calculate your exact liquidation price on Bybit futures using Bybit's maintenance margin rates.