Bybit factors the closing fee directly into the liquidation price — your buffer is slightly smaller than a pure maintenance-margin calculation would suggest.
Funding rate: — every 8h (sample data)
Based on Bybit's mark price, not the chart/last price.
Isolated margin only. Cross margin depends on your whole account balance and isn't modeled here.
Very large positions get liquidated in steps on Bybit (partial liquidation), governed by the risk-limit system.
Auto-deleveraging (ADL) can close a position in extreme cases regardless of the liquidation price.
Bybit is one of the exchanges that builds a "Fee to Close" (the taker fee rate for that position) directly into the liquidation price formula. That means the calculated trigger point sits slightly closer to entry price than on exchanges that deduct the fee only after the trigger — but no separate fee is charged from remaining margin afterward.
Bybit also tiers its maintenance margin rate by position size (notional = margin × leverage). Small positions on liquid pairs can reach up to 200x, while larger positions quickly drop to single-digit leverage — the calculator above automatically warns you if your desired leverage isn't even available for your position size.
Read more on maintenance margin →