Bitmex has a calculator on their trading page that you can use to estimate your liquidation price depending on the entry price. Question is, what market entry price are we talking about here?
All you have to do is click on the calculator icon next to the place order box and enter the values
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F07%2F19%2FZlkA8.png&t=663&c=2Dtn_mYn4eJn4A)
Only the $1000 will be liquidated. The liquidation price only lowers if you increase your margin with the available funds in your account. In an event that the liquidation price is still crossed. All the $1000+ the funds you used to increase your margin will get liquidated.