Crypto Leverage Calculator

Leverage multiplies your position size, and with it your liquidation risk. If you commit $1,000 at 10× you control a $10,000 position; at 50× you control $50,000. The bigger the position relative to your margin, the smaller the adverse move that wipes you out. As a rough rule, the move to liquidation is close to 1 / leverage:

2x   → ~50% move against you
5x   → ~20% move
10x  → ~10% move
25x  → ~4% move
50x  → ~2% move
100x → ~1% move

The exact liquidation price also depends on the maintenance margin rate, which rises with your position's notional size on tiered exchanges (Binance, Bybit, OKX). This calculator uses each exchange's published tier schedule, so the number tracks what the exchange actually enforces. The formula is the same one our liquidation calculator uses:

Long:  liq_price = entry × (1 − 1/leverage) / (1 − mmr)
Short: liq_price = entry × (1 + 1/leverage) / (1 + mmr)

So what leverage should I use?

There is no single right answer, but the practical guidance most consistent across experienced traders is: start low. At 1-3× you can sit through normal volatility without being force-closed, which is the difference between a losing trade you recover from and a liquidation you do not. High leverage does not make a good trade better; it makes the margin for error smaller. The P&L ladder above is there to make that concrete: at high leverage a routine 2-5% wick can erase your entire margin.

The honest way to find your number is to feel it, not read about it. Open the same position in a realistic simulator, watch how a 1% move swings your P&L at 50× versus 5×, and get liquidated a few times where it costs nothing. That is what paper trading on Hex37 is for: real prices, real liquidation mechanics, fake money.