> For the complete documentation index, see [llms.txt](https://doc.pairex.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://doc.pairex.io/overview/fees/liquidation.md).

# Liquidation

When you have been accumulating capital costs and rollover costs, your strong price will be close to the current market

When you profit from the cost of capital, or positioning profit, your strong price is further away from the current market

**Liquidation Price Distance *****=*** Open Price \* (Collateral \* 0.9 - Rollover Fees - Funding Fees) / Collateral / Leverage.

**Liquidation price =** If Long: Open Price - Liquidation Price Distance

Else (Short): Open Price + Liquidation Price Distance.