Liquidation calculate endpoint

API Futures API
1

I need to calculate liq price for unopened position like attached image.

Liq
Liq803×647 47.9 KB

I searched in here but i didn’t any solution. Although it’s look stupid, i’m following this steps for getting liq price (on test api):
1-) change initial leverage with /fapi/v1/leverage
2-) open position with fapi/v1/order
3-) get position information with /fapi/v2/positionRisk and get “liquidationPrice”
4-) close position with again fapi/v1/order

That’s look very lumberingly. May be an endpoint for this like calculator on web site.
can anyone help me that if know more practice and quick way?

2

The liquidation price formula is sophisticated, however it is possible to calculate it without the need to place an order.

The USD-M and COIN-M liquidation price formulas are different, therefore I will provide you with both resources

5

Would it be possible to provide a worked example for each one of these calculations?

6

Both links contain a worked example at the bottom of the article.

3

hi @tantialex .
thanks for your response. that’s right. The liquidation price formula is sophisticated.
i will use it but however i suggest a endpoint for this which we use on https://www.binance.com/en/futures/BTCUSDT_PERPETUAL/calculator. i think that will very practice. for example i send type/leverage/price/quantity/balance and receive liq price. i say it should be available when i look other complex operation (like order, withdraw, order book, recent trade list etc…)

only a suggestion…
thanks again

4

Thanks for the feedback. I will make sure the respective team is aware of this request :slightly_smiling_face:

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