What are the fees (opening and rollover) for trading using margin?

Last updated: Feb 10, 2026

In addition to the margin* fees (opening and rollover) listed below, the usual trade fee will be applied to the opening and closing volume of a spot position on margin (but there is no fee for settling a spot position on margin).

Margin fees are charged based on the total value of the amount that is extended as margin to effect the margin trade. Collateral also held in the account is not deducted from that amount.

Example

If you go Long on BTC/USD:

Kraken provides the USD (used to purchase long the BTC) to open the position and thus the amount of the margin fee is based on the quantity of USD. As mentioned, the choice of currency in which the margin fee is charged is discussed here. As Kraken provided the USD, the fee rate will be 0.025%

If you go Short on BTC/USD:

Funds from our BTC margin pool are used by the client to let them short sell and thus margin fees are based on the quantity of BTC that is sold. As Kraken provided the BTC, the fee rate could be 0.010%.

Dynamic margin fees

Margin rates fluctuate based on market conditions, but your rollover rate will be locked in at the time of order execution. This rate will be displayed on the order form as you fill out your order.

You may view the rollover rate for an existing position by clicking on it in the Positions tab of the Trade page.


*Availability of margin trading services is subject to certain limitations and eligibility criteria.

  • The decimal and thousands separators shown in this article may differ from the formats displayed on our trading platforms. Review our article on how we use points and commas for more information.

Need more help?