What does a survivable multiplier of 5x over one week actually mean?

That 95 per cent of the 396 or so weekly windows measured per market never moved far enough against the entry to liquidate you at it. It describes the sample of bars held here rather than forecasting the next week, and one window in 20 in that same sample did liquidate.

Why does the safe multiplier fall as you hold for longer?

Your distance to liquidation is fixed by the multiplier while the move against you grows with time. The median market's 95th-percentile move is 0.17 per cent at one minute and 18.2 per cent at one week, so the multiplier has to come down 6 steps across that range to hold the same 95 per cent coverage.

Can you compute a multiplier for a hold under one minute?

No. The data vendor's finest granularity is a one-minute bar, so a sub-minute holding period cannot be measured with this dataset even though the venue's chart offers shorter intervals. That gap is a limit of the input, and it is reported rather than interpolated.

Does the cheapest multiplier to open also survive longest?

The two are unrelated on a flat-fee venue, where a $100 wager opens for $1.00 at 2x and $1.00 at 1000x. On a notional-fee venue your cost rises with the multiplier, and the two bases cross at 23.1x taker and 69.4x maker.

How much leverage your holding period supports

Decide how long you will hold, then pick the multiplier. Hold for one minute and 500x came through on 21 of 46 markets. Stretch the same position to one week and the best multiplier still standing is 5x, 6 steps down the 9 that venue offers.

The shorter list moves the same way: 10x over one minute on 11 of 18 listed markets, 3x over one week on 14 of 17. Do not carry a multiplier from one venue across to the other, because it caps leverage per asset between 2x and 40x and holds a maintenance buffer the 1000x venue does not.

6 multipliers go between a minute and a week

Holding period	Moon multiplier	Moon markets agreeing	Hyperliquid multiplier	Hyperliquid markets agreeing	Moon range
one minute	500x	21 of 46	10x	11 of 18	200x on 18, 500x on 21, 1000x on 7
five minutes	200x	24 of 46	10x	11 of 18	100x on 18, 200x on 24, 500x on 3, 1000x on 1
one hour	20x	29 of 46	10x	13 of 18	10x on 1, 20x on 29, 50x on 9, 100x on 6, 200x on 1
one session	20x	26 of 46	10x	12 of 18	10x on 11, 20x on 26, 50x on 6, 100x on 2, 200x on 1
one week	5x	24 of 45	3x	14 of 17	2x on 10, 5x on 24, 10x on 10, 20x on 1

That column is a median and the spread behind it is wide. Hold one market for one length of time and take the multiplier from that market's own row: at one hour the highest was 200x and the lowest 10x.

Moon publishes asset classes rather than instrument lists, so every Moon figure above is a multiplier Moon offers measured against a market's own bars. All 50 tracked markets are confirmed at instrument level. Bars from Twelve Data.

Moves grow faster than the multipliers can absorb

Holding period	Median move against you	95th-percentile move	99th percentile	Median windows	Markets
one minute	0.04%	0.17%	0.33%	900	46
five minutes	0.10%	0.42%	0.97%	896	46
one hour	0.47%	2.55%	3.04%	841	46
one session	2.27%	3.58%	3.82%	511	46
one week	4.81%	18.2%	26.5%	396	45

Each row is a median, so it describes a typical market rather than the worst one. The move against you at the 95th percentile grows from 0.17 per cent over one minute to 18.2 per cent over one week, and the venue has only 9 multipliers to give back. Read your multiplier off the 95th-percentile column, not the median.

How these figures were built

A multiplier survives a holding period when 95 per cent of the sampled windows of that length would not have liquidated at it, on the worse of the long side and the short side.

Every answer is a multiplier a venue sells: 9 from 2x to 1000x on the flat-fee venue, 7 from 2x to 40x on the notional-fee venue. Room comes from the venue registry. The flat-fee venue holds no maintenance buffer, so room is one part in the multiplier, and the other holds half the initial margin.

Windows per market: 900 at one minute, 511 at one session, 396 at one week, so the 95th percentile leaves about 1 window in 20 past the threshold. Across the 3.29 decades from one minute to one week the central multiplier falls 1.82 steps per tenfold increase. Registry 2026-08-28a, reviewed through 2026-11-28.

Pick the page that matches your hold

Scalping

One minute to five minutes. Most markets took 500x, plus the ten extremes.

Day trading

One hour to one session. Every market at both horizons, 20x in the middle.

Swing trading

One week, from daily bars. 5x across 45 markets, the longest hold measured.

How to choose

Four steps, ending in what your multiplier costs on each venue and the 23.1x crossover.

Opening cost is the taker cost on a $100 wager and leaves out carry, so every cost here is a floor. The flat-fee venue charges every 8 hours at a rate it does not publish, and the other caps hourly funding at 4.00 per cent: funding documentation.

Tables stamped 2026-08-28 01:19 UTC. 45 markets have pages in this build and 46 have enough bars for a one minute multiplier.

Figures on this page were rebuilt 2026-08-28 by the MarketMoves editorial desk, from the sources named in the methodology. Nothing here is a forecast, and none of it is advice.