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LTV simulator

Run the numbers.

Pick your collateral, say how much you hold and choose the advance you want. The price is filled in live, and you can type over it. Then see how far it can fall before each level.

Open the simulator How the levels work

Your numbers · illustration

Start with what you hold

Pick the crypto you would pledge and how much of it. Nothing you type leaves this page. The only requests it makes are for public spot prices.

Your inputs

Accepted collateral: bitcoin (BTC), ether (ETH), solana (SOL), XRP and BNB, with more to come.
Getting the price…Refresh the price
From 10% to 60% of the value of your collateral. 60% is the most we would advance, and it is paid in USDT or USDC.
The fee is 9.25% of the advance. You can type a different amount to try another case.
From −60% to +30% of today's price.
Collateral value–
Starting LTV–Loan-to-value: what you owe, as a share of your collateral's value.
Paid to you on day one–
Due at maturity–
Price after your move–
LTV after your move–

How far the price can fall

These are the bitcoin levels: warning at 75%, top-up at 80%, partial sale at 85%, full close at 90%. The simulator uses them for every asset as an illustration. The levels and advance rate for other assets are set for each asset and stated in your Advance Confirmation.

Enter your collateral to see the result.
All five levels in a table
The price at which each level starts, for the figures above.
LevelLTVPrice per BTCBelow todayAt the price after your move
How these are worked out

Owed is the advance plus the maturity half of the fee. The unpaid half counts from day one.

LTV is what you owe, divided by your quantity times the price.

Paid to you is the advance, less the upfront half of the fee. Due at maturity is the advance plus the other half.

Level prices: what you owe, divided by your quantity and the level. That is the price where the level starts.

Illustration only, not a quote or an offer. It leaves out costs of sale. We decide how much to sell, acting in a commercially reasonable manner, and in a fast fall more may be sold. Your Advance Confirmation sets the terms that apply. See If the price falls.

Excess collateral can be released only if your LTV is below 60% and your LTV after the release is no higher than your starting LTV. So nothing is releasable until the price is above your starting price.

If the price falls Key factsEnquire about an advance

Every application is subject to due diligence, and we may decline any application or request. Nothing on this site is an offer.