What $100 would have done, by leverage
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| Leverage | Held to now | Return | Worst point | Cost of the round trip | Outcome |
|---|
Every minute in the window is walked in order and the worst price inside each bar is tested against the liquidation level before the close, so a position that was liquidated mid-window stays liquidated even if the price later recovered. Opened on the ask and marked on the bid for a long, and the reverse for a short. Indicative example based on third-party market data. Moon's reference price, spread, fees, settlement and liquidation rules may produce a different result.
What a move would mean
0.00%My positions
| Bet | Wager | Leverage | Entry | Liquidation | Mark | Profit / Loss | Multiplier | Action |
|---|---|---|---|---|---|---|---|---|
| No open bets | ||||||||
Leveraged SHOP over the last 6.5 hours: what it gained and what it lost
Shopify Inc. did +3.02% in 6.5 hours and took most of the ladder with it. $100 on the long is $105.72 at 2x and $385.88 at 100x, +285.9% against +5.7%. 50x short never had a chance: gone after 3 minutes. 4 of 14 rungs did not finish the window. Top survivors: 100x long, 20x short. The fee took no view on any of it: 16% of the stake to get in and out at 100x, so SHOP has to hand back 0.16% before you are level, about 5% of an average session's range here.
Leveraged trading of Shopify Inc. (SHOP): what has been happening
SHOP at $153.85, having done +2.71% today and +4.95% across five sessions. SHOP is +21.26% on the month, so it arrives clearly higher. Three months reads +46.66%, year to date -2.13%. It has closed higher 5 sessions running. The 30-session range is $111.06 to $158.87, which puts the last price -3.16% off the high and +38.53% off the low.
How volatile is SHOP right now
Realised volatility over 30 sessions annualises to 70.6%, against 65.1% over 90. By leveraged standards that is hard work at size. Average true range across 14 sessions is 3.51% of price, and an ordinary day swings about 4.45% either side of flat. Worst hole below an open: 5.44% over 30 sessions, 9.00% over 90. Size to the second one.
What leverage SHOP actually survives
SHOP left 10x standing through all 30 sessions and nothing above it. That rung tolerates 9.950% against you, and the worst session took 5.44%. SHOP has gone 0.950% against an open-price long, which is where 100x ends, on 63 of the last 90 sessions. That is 70% of them. 1000x asks SHOP to stay within 0.0500%, which it failed to do 87 times in 90. A median one-minute bar on SHOP is 0.0538% wide, and 53.0% of bars are wide enough on their own to finish 1000x.
SHOP liquidation distance and hit rate by leverage
| Leverage | Liquidation distance | Sessions it was hit | Hit rate | Round-trip cost vs stake |
|---|---|---|---|---|
| 2x | 49.9500% | 0 / 90 | 0% | 0.3% |
| 5x | 19.9500% | 0 / 90 | 0% | 0.8% |
| 10x | 9.9500% | 0 / 90 | 0% | 1.6% |
| 20x | 4.9500% | 6 / 90 | 7% | 3.2% |
| 50x | 1.9500% | 38 / 90 | 42% | 8.0% |
| 100x | 0.9500% | 63 / 90 | 70% | 16.0% |
| 200x | 0.4500% | 76 / 90 | 84% | 32.0% |
| 500x | 0.1500% | 85 / 90 | 94% | 80.0% |
| 1000x | 0.0500% | 87 / 90 | 97% | 160.0% |
Liquidation distance assumes a 5 basis point maintenance margin: an adverse move of (1 − leverage × maintenance rate) ÷ leverage. Hit count is the number of the last 90 sessions where the low fell that far below the session open, i.e. where a long opened at the open would have been liquidated intraday. Cost assumes 16 basis points of spread and fees on the round trip.
What a leveraged SHOP position costs
The multiplier scales the fee as well as the position, at 16 basis points round trip: 1.6% of the stake at 10x, 16% at 100x. Nobody puts that on the banner. Put another way: the 100x round trip eats 5% of what SHOP covers in a normal session, and you start behind by that much. The ceiling set by cost alone is about 625x. Past it the round trip has already spent the stake and SHOP has not been consulted.
SHOP leverage questions
What leverage is realistic on SHOP?
On the last 30 sessions of data the highest rung that avoided liquidation on every session was 10x, which liquidates on a 9.950% adverse move.
How far can SHOP fall before a 100x long is liquidated?
0.950% at a 5 basis point maintenance margin. SHOP moved at least that far against an open-price long on 63 of the last 90 sessions.
How volatile is SHOP right now?
30-session realised volatility annualises to 70.6% and 14-session average true range is 3.51% of price.
Does 1000x leverage make sense on SHOP?
No, and the fee schedule settles it before volatility gets a say. At 16 basis points round trip, 1000x costs 160% of the stake in spread and fees alone, so the position opens behind by more than the stake. Liquidation sits 0.0500% away, which SHOP can cover in a single minute bar.
What has Shopify Inc. done recently?
+2.71% on the last session, +4.95% over five sessions, +21.26% over a month and -2.13% year to date, inside a 30-session range of $111.06 to $158.87.
Before you take this to Moon
Everything above is derived from independent third-party market data. Moon prices its own book: the reference price, the spread it quotes, its fee schedule, its funding rate and its liquidation engine are all Moon's, and they will produce a different number from this page. Use this as a model of the mechanics on SHOP, then check the live figures on Moon before committing anything.
We have not verified that Moon lists SHOP, so there is no link here. When someone checks, this becomes one.
What this simulator is
Prices come from Twelve Data, an independent market-data vendor, and are indicative. Moon's own reference price, spread, fee schedule, funding and liquidation rules will produce a different result. No money is staked here, no order is routed, and no position exists on any venue. At 1000× leverage a 0.01% difference between this chart and Moon's settlement feed moves the position value by roughly 10% of the stake, so treat every number below as an illustration of mechanics rather than a forecast of outcome.
Leverage arithmetic used
Exposure = stake × leverage. Long P/L = exposure × (mark − entry) ÷ entry. Short P/L = exposure × (entry − mark) ÷ entry. Entry takes the ask for a long and the bid for a short; closing does the reverse, so the spread is charged on the round trip. Liquidation triggers when equity falls to the maintenance margin, i.e. at an adverse move of (1 − leverage × maintenance rate) ÷ leverage.
Jurisdiction
Leverage caps, incentive bans and product classification differ by country. Retail CFD rules in the EU cap equity leverage far below the levels shown in this demo and restrict monetary incentives such as rakeback, so the referral block and the maximum selectable leverage must be gated per market before any page goes live. 18+. Trading leveraged products carries a high risk of losing your capital.