Why liquidation may not appear on the default chart
For Bybit isolated margin, liquidation is triggered by mark price reaching the liquidation price. A default chart showing last traded price can look different. Liquidation price, bankruptcy price and recorded position closure are distinct concepts.
Sources: Bybit — Liquidation Process in UTA
Why a stop may not prevent liquidation
A last-price stop may trigger after mark-price liquidation conditions are reached. A mark-price trigger still requires the resulting order to execute; it does not guarantee execution price or quantity. A stop-limit order may remain unfilled during a fast move.
Cross margin requires account-level context
Bybit UTA cross margin uses the account maintenance margin ratio as its liquidation criterion; the displayed liquidation price is a reference estimate. Other P&L, collateral valuation and account changes prevent exact reconstruction from entry price alone.
Sources: Bybit — Margin Modes in UTA
Investigating a liquidation
This sequence organizes evidence; it does not promise recovery or any trading outcome. You do not need to share your password or API secret with a third party.
- Record the contract, margin mode, position size and liquidation time.
- Compare mark price and last traded price at that time.
- Inspect the stop reference, trigger time, cancellation or rejection reason, and fills.
- Reconcile margin changes, funding, fees, tiers and other position records.
- If a discrepancy remains, contact official support with order IDs and timestamps.
Sources: Bybit — Liquidation Process in UTABybit — Order Execution and Liquidation FAQ
Questions and answers
Is a calculator necessarily wrong if it differs from the venue?
The assumptions may differ. This site estimates a simplified linear isolated-margin case; it does not supply an exact cross- or portfolio-margin liquidation price.
Does liquidation always close the whole position immediately?
Procedures vary by venue, tier and margin mode. Bybit describes order cancellation and partial reduction in applicable cases; inspect actual liquidation records.
Official sources and review scope
The official documents below were reviewed on the stated date. Rules may change and your account records remain necessary to investigate a specific event. Hypothetical examples are our explanations.