diff --git a/libs/deal-ticket/src/hooks/use-order-closeout.spec.tsx b/libs/deal-ticket/src/hooks/use-order-closeout.spec.tsx
index df16ea2ad..d7d843a3e 100644
--- a/libs/deal-ticket/src/hooks/use-order-closeout.spec.tsx
+++ b/libs/deal-ticket/src/hooks/use-order-closeout.spec.tsx
@@ -74,6 +74,26 @@ describe('useOrderCloseOut', () => {
     expect(result.current).toEqual('1');
   });
 
+  it('should return proper sell value on limit order', () => {
+    mockMarketMargin = '0';
+    const { result } = renderHook(
+      () =>
+        useOrderCloseOut({
+          order: {
+            ...order,
+            price: '1000000',
+            type: 'TYPE_LIMIT',
+            side: 'SIDE_SELL',
+          } as OrderSubmissionBody['orderSubmission'],
+          market: market,
+        }),
+      {
+        wrapper: MockedProvider,
+      }
+    );
+    expect(result.current).toEqual('1000000');
+  });
+
   it('should return proper empty value', () => {
     const { result } = renderHook(
       () =>
diff --git a/libs/deal-ticket/src/hooks/use-order-closeout.ts b/libs/deal-ticket/src/hooks/use-order-closeout.ts
index f6f6dd32d..05ee81dba 100644
--- a/libs/deal-ticket/src/hooks/use-order-closeout.ts
+++ b/libs/deal-ticket/src/hooks/use-order-closeout.ts
@@ -40,14 +40,17 @@ export const useOrderCloseOut = ({ order, market }: Props): string | null => {
   const volume = new BigNumber(
     addDecimal(openVolume || '0', market.positionDecimalPlaces)
   )[order.side === Schema.Side.SIDE_BUY ? 'plus' : 'minus'](order.size);
-  const markPrice = new BigNumber(
-    addDecimal(market.data.markPrice || 0, market.decimalPlaces || 0)
-  );
+  const price =
+    order.type === Schema.OrderType.TYPE_LIMIT && order.price
+      ? new BigNumber(order.price)
+      : new BigNumber(
+          addDecimal(market.data.markPrice || 0, market.decimalPlaces || 0)
+        );
   // regarding formula (marginMaintenanceLevel - positionAccountBalance - generalAccountBalance) / volume + markPrice
   const marginDifference = marginMaintenanceLevel
     .minus(positionAccountBalance)
     .minus(generalAccountBalance);
-  const closeOut = marginDifference.div(volume).plus(markPrice);
+  const closeOut = marginDifference.div(volume).plus(price);
   if (closeOut.isPositive()) {
     return closeOut.toString();
   }