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Your Margin Ratio and Liquidation Price are key to knowing how close you are to losing your position. If your Margin Ratio reaches 100%, your position will be liquidated.

What is the Margin Ratio?

The Margin Ratio shows how much of your available margin is being used to keep your position open. It’s calculated from:
  • Your Equity in the position
  • The Maintenance Margin required
Formula:
Margin Ratio = (Maintenance Margin ÷ Equity) × 100
See the exact calculation in the Margin & Risk section of our Rulebook.

Margin Ratio levels to watch

Margin RatioStatusAction
Below 80%Safe zoneMonitor regularly
80% - 99%Warning zoneConsider reducing risk
100%LiquidationPosition will be closed

What is the Liquidation Price?

The Liquidation Price is the Mark Price level at which your margin ratio will hit 100%, causing liquidation. It’s determined by:
  • Your entry price
  • Position size
  • Leverage
  • Remaining collateral
  • Funding payments (if any)
See how liquidation price is calculated in the Liquidation Mechanics section of our Rulebook.

Example

Position details:
  • Position: Long 1 BTC GOLD/BTC at 0.0300 BTC
  • Leverage: 10x
  • Initial Margin: 0.1 BTC
  • Maintenance Margin: 0.025 BTC
If the Mark Price drops enough for your equity to fall to 0.025 BTC, your margin ratio hits 100% and liquidation is triggered.

How to lower your margin ratio

  • Reduce position size — Close part of your position to free up margin
  • Lower your leverage — Reduce leverage to decrease margin requirements
  • Use a Stop Loss — Set a stop-loss order before your margin ratio reaches dangerous levels
Learn how to set stop orders in the Order Types & Execution Rules section of our Rulebook.

Key takeaways

Important reminders:
  • Watch your Margin Ratio in the Open Positions panel
  • Remember that liquidation is based on Mark Price, not the last traded price
  • Don’t wait for the 80% warning — act early to manage risk