Moon.com leverage: what 1000x actually does to your stake

Moon.com leverage runs from 1x to 1000x on every Up/Down bet, chosen per bet with a slider. At 10x, a $100 stake controls $1,000 and a 2% move pays 20%. At 100x it controls $10,000 and the same 2% move doubles your stake. At 1000x it controls $100,000 and a 0.05% tick pays 50%, in seconds. The trade-off is time: the higher the tier, the smaller the move that ends the bet, and at 1000x that move is about 0.1%. This page lays out the trade-off tier by tier, gives you a calculator for your own numbers, and finishes with the sizing rules that survive contact with a live price feed. New to the mechanic itself? Read how Moon works first.

What 1000x leverage means on Moon

Leverage on Moon is a multiplier on your stake. You choose it per bet, and it determines your exposure: the notional amount your profit and loss are calculated on.

• $100 at 1x gives $100 exposure. A 1% move changes your balance by $1.
• $100 at 100x gives $10,000 exposure. A 1% move changes your balance by $100.
• $100 at 1000x gives $100,000 exposure. A 1% move would change your balance by $1,000, except that you only have $100, so a 0.1% move in the wrong direction closes the bet.

That last line is the whole point. Leverage scales your wins, and it scales the speed at which a normal price wobble becomes a total loss. Moon’s homepage headline is “up to 1000x,” and its terms say only that leverage is “1x or greater,” so 1000x is a product decision that could change rather than a contractual promise.

You aren’t borrowing anything to get that exposure. Moon is house-banked: it prices the bet, holds the other side, and its terms reserve a spread or pricing edge in its favor. There is no lender, no margin call and no debt if the bet goes wrong; the stake is simply gone. That is simpler than a leveraged futures account, and in one respect safer, and it means your own choice of stake and multiplier is what protects your bankroll.

The liquidation math

The approximation that matters is:

Liquidation move ≈ 100% ÷ leverage

At 10x, a 10% move against you consumes your stake. At 100x, 1%. At 1000x, 0.1%. This is the outer limit: the point at which loss equals stake, calculated on the raw price.

Two things push the real threshold tighter.

Spread. Moon’s terms reserve a spread in its favor and describe a liquidity or spread adjustment at position close. The size is undisclosed. Practically, this means you open the bet slightly underwater: some fraction of your buffer is spent before the price has moved. At 10x a small spread is a rounding error against a 10% buffer. At 1000x, where your buffer is 0.1%, a spread of a few hundredths of a percent is a meaningful slice of the whole distance.

Fees already paid. The 1% opening fee doesn’t change where liquidation happens, but it changes what you’ve lost when it does. Liquidate a $100 bet and you’re down $101, not $100.

Moon hasn’t published its exact liquidation engine: whether it liquidates at precisely 100% of stake, slightly before, or how it handles a price gap that jumps straight past the threshold. So treat every liquidation figure on this page, including the calculator’s output, as an approximation that errs on the generous side. The true number is at or before the one shown, never after.

Here’s the same math as a move-to-liquidation table for the four tiers this page focuses on:

Leverage	$100 stake controls	Move to liquidation (approx.)	How often that move happens on BTC
1x	$100	−100%	Never, in practice
10x	$1,000	−10%	A bad week, occasionally a bad day
100x	$10,000	−1%	Most days, often within an hour
1000x	$100,000	−0.1%	Constantly: minutes, sometimes seconds

The right-hand column is the one to sit with. Bitcoin doesn’t need a reason to move 0.1%; it does it while you’re reading this sentence. Tesla and Apple do it in the first minute after the open. A 1000x bet is a bet on which way the next handful of ticks lands.

Interactive calculator

Plug in your own stake, leverage and the move you expect. The calculator shows exposure, the approximate liquidation move, the 1% opening fee and the gross profit or loss before performance fee and spread. The static table underneath covers seven tiers from 1x to 1000x.

Leverage calculator

Illustrative, before spread, holding and performance fees

Stake (USD) Leverage (1 to 1000x) Price move in your favour (%)

• $10,000exposure
• −1%liquidation move
• $1.00opening fee (1%)
• +$50.00gross P&L on move

Liquidation move ≈ 100% ÷ leverage: the price move against you that consumes your whole stake, before Moon's spread and fees; in practice it arrives sooner. A winning bet also pays a performance fee of at least 10% of realised profit.

Leverage	$100 stake controls	Move to liquidation	A 1% move =	Opening fee
1x	$100	−100%	±1% of stake	$1.00
5x	$500	−20%	±5% of stake	$1.00
10x	$1,000	−10%	±10% of stake	$1.00
50x	$5,000	−2%	±50% of stake	$1.00
100x	$10,000	−1%	±100% of stake (all of it)	$1.00
500x	$50,000	−0.2%	±500% of stake (all of it)	$1.00
1000x	$100,000	−0.1%	±1000% of stake (all of it)	$1.00

A useful exercise: set the move to whatever you think the asset will do today, then halve the leverage until the liquidation move is at least three times larger than the typical intraday swing. That’s the tier where you’re betting on direction rather than noise.

Leverage tier by tier

1x: the control group

At 1x you have no leverage. $100 of stake is $100 of exposure. A 1% move earns or loses you $1.

What ends the bet: nothing short of the asset going to zero.

Who uses it: people who want to see how Moon’s spread and holding fee behave without leverage drowning the signal. If you want to know what the undisclosed spread actually costs you, open a 1x bet and close it immediately: the difference is the spread plus the opening fee.

10x: where most people should start

$100 of stake controls $1,000. A 1% move is $10, or 10% of your stake.

What ends the bet: a 10% move against you. On Bitcoin that’s a genuinely bad day or a bad week; on Tesla it’s an earnings miss. On any of Moon’s listed assets it is rare enough that you’ll usually get the chance to close a losing bet yourself.

Who uses it: people who have a directional view and want it to pay more than 1:1 without having to be right about timing to the minute. The 1% opening fee is still $1, the holding fee still ticks every 8 hours, and a 10x bet held over several days can see fees eat a good chunk of a modest win. But 10x gives you time to be right.

100x: the deceptive middle

$100 controls $10,000. A 1% move is $100, your entire stake.

What ends the bet: a 1% move against you, before spread. Every asset Moon lists does this most days, and the stocks do it in the opening minutes. Overnight gaps on AAPL and TSLA routinely exceed 1%, which means a 100x stock bet held through the close can be liquidated before the next session’s first trade.

Who uses it: people who think 1000x sounds silly and 100x sounds reasonable by comparison. 100x is the tier where the arithmetic still feels like trading (a 1% move sounds like something you can have an opinion about), but the liquidation window is short enough that timing dominates direction. The worked TSLA example on the how-it-works page shows a 0.5% dip costing half the stake in minutes.

1000x: the headline

$100 controls $100,000. A 1% move would be $1,000, but you’ll never see it: a 0.1% move against you liquidates the bet first. A 0.05% move in your favor earns 50% of your stake; the same move against you costs 50%. Your upside is capped only by how long you dare stay in, your downside is capped at 0.1%, and both kinds of move happen for no reason at all.

What ends the bet: 0.1% against you, minus spread. That is a normal tick sequence on any liquid asset, in either direction, dozens of times an hour.

Who uses it: people chasing the big screenshot. A 1000x bet that catches a 0.5% move returns 500% in minutes, and Moon’s public feed and leaderboard are full of them. The feed shows the winners, not the distribution.

Our live page shows the largest open positions and the biggest wins and liquidations of the last 24 hours as they happen, so you can watch the distribution rather than the screenshots.

If you want to experience 1000x, do it in play-money mode first. It costs nothing and teaches the same lesson.

How fees change the math at high leverage

Moon’s fee stack has four parts. Each one interacts with leverage differently, and the interaction is not intuitive.

The opening fee is on the wager, not the exposure

Moon charges 1% of your stake when you open a bet. Not 1% of exposure: 1% of the money you put in. A $100 bet costs $1 to open at 1x and $1 to open at 1000x.

This is unusual, and it cuts both ways. On the positive side, high leverage isn’t punished on entry: a $100,000 exposure for $1 in fees is a bargain. On the other side, the price of admission stays flat while the liquidation distance shrinks by a factor of a thousand, so the fee gives you no signal as you turn the dial up.

Measured against your buffer, it’s a different story. At 1x, a $1 fee is 1% of the $100 you can afford to lose over a 100% move. At 1000x, that same $1 is 1% of the $100 you’ll lose over a 0.1% move. The fee is the same; the time you get to earn it back is a thousand times shorter.

The holding fee rewards short holds

Moon assesses a holding fee every 8 hours at a dynamic rate it doesn’t publish as a number. Two consequences.

At high leverage, the holding fee rarely gets a chance to matter: the bet is usually closed or liquidated long before the first 8-hour mark.

At low and mid leverage, the holding fee is the cost of time. A 10x bet left open through a weekend sees roughly nine assessments before Monday’s session, and a small edge can be worn down purely by holding. The practical rule: know when you intend to close before you open, and don’t let a bet drift past the next 8-hour boundary without a reason.

The performance fee takes a slice of every winner

Moon takes a minimum of 10% of realized profit when you close a winning bet. Nothing on losers. This is a straightforward haircut, but note the word “minimum.” Every example on this site uses 10% because that’s the published floor; the actual rate on your account could be higher.

Combine the three: a 1000x bet that catches a 0.05% move goes from a +$25 gross win on $50 to +$22 net after the $0.50 opening fee and $2.50 performance fee. The same bet losing goes to −$25.50. Winning bets are trimmed; losing bets carry the opening fee. Over many bets, that asymmetry is the house’s edge, before the spread is counted.

The spread is the fee you can’t see

Moon’s spread is built into the price and its size is undisclosed. At low leverage it’s a small drag. At high leverage it’s a fraction of your liquidation buffer that’s spent before you start. It is the single biggest unknown in Moon’s math, and until Moon publishes it, the only way to measure it is the 1x open-and-close test described above.

Risk management that actually works

None of this is advice on what to bet on. It’s arithmetic about how to stay in the game long enough for a good call to pay.

Size for the liquidation move, not the payout. Before you open a bet, look at the liquidation move for your chosen leverage and ask whether the asset does that on a normal day. If it does, the bet is on noise. Drop the leverage until the answer is no; the calculator above makes this a ten-second check.

Set a time-in-bet before you open. Because of the 8-hour holding fee and the overnight gap risk on stocks, every bet should have a planned close. “I’ll see how it goes” is how a 10x bet with a real edge turns into a fee-drained loser three days later.

Never martingale. Doubling your stake after a loss to “get it back” is the fastest known route from a small loss to an empty balance, and leverage makes it faster. A liquidated $50 bet followed by a $100 bet, then $200, then $400 needs one more loss (at 100x, one more 1% wobble) to cost you $750 chasing $50.

Use play money for anything above 10x. Moon’s demo mode is the same interface with a fake balance. If you want to know what 1000x feels like, it will show you for free. Run a strategy long enough on play money to see the losing streaks before you fund it.

Decide the total before the first bet. Fix the amount you’re prepared to lose across the whole session, deposit no more than that, and stop when it’s gone. Moon’s terms include a Take a Break tool (1 day to 3 months) and self-exclusion (6 months minimum, or permanent); see the responsible gambling page.

Read the review before you fund. Leverage is only one part of the picture. Crypto-only deposits, KYC before deposit, an undisclosed spread and no published licence number in the terms are the others; the Moon.com review covers them.

The summary: leverage on Moon is a dial that trades time for payout. At the low end you have time to be right and fees are the enemy. At the high end you have no time at all and noise is the enemy. The opening fee stays at 1% all the way up the dial, so the sizing decision is yours, and the calculator above makes it a quick one.