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 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 order. Collateral held is not deducted from that amount.
For long positions, margin fees are charged with a preference to the quote currency of the position’s currency pair. For short positions, margin fees are charged with a preference to the base currency.
Example
If you go Long on XBT/USD
Kraken provides the USD (used to purchase the longed XBT) to open the position and thus margin fees are preferred in the quote currency - USD in this case.
If you go Short on XBT/USD
Funds from our XBT margin pool are used to open the position and thus margin fees are preferred in the base currency - XBT in this case.
|
Base currency |
Quote currency |
Opening fee |
Rollover fee (for maintaining a position, begins after 4 hours) |
| Bitcoin (XBT) | EUR, USD | 0.01% | 0.01% per 4 hours |
| Tether (USDT) | EUR, USD | 0.01% | 0.01% per 4 hours |
| USD Coin (USDC) | EUR, USD | 0.01% | 0.01% per 4 hours |
| Augur (REP) | EUR, ETH, XBT | 0.02% | 0.02% per 4 hours |
| Bitcoin (XBT) | CAD, GBP, USDT | 0.02% | 0.02% per 4 hours |
| Bitcoin Cash (BCH) | EUR, USD, XBT | 0.02% | 0.02% per 4 hours |
| Cardano (ADA) | EUR | 0.02% | 0.02% per 4 hours |
| Chainlink (Link) | ETH, EUR, USD, XBT | 0.02% | 0.02% per 4 hours |
| Dash (DASH) | EUR, USD, XBT | 0.02% | 0.02% per 4 hours |
| EOS (EOS) | ETH, EUR, USD, XBT | 0.02% | 0.02% per 4 hours |
| Ethereum (ETH) | EUR, USD, USDT, XBT | 0.02% | 0.02% per 4 hours |
| Ethereum Classic (ETC) | ETH, EUR, USD, XBT | 0.02% | 0.02% per 4 hours |
| Litecoin (LTC) | EUR, USD, XBT | 0.02% | 0.02% per 4 hours |
| Monero (XMR) | EUR, USD, XBT | 0.02% |
0.02% |
| Polkadot (DOT) | ETH, EUR, USD, XBT | 0.02% |
0.02% |
| Ripple (XRP) | EUR, USD, XBT | 0.02% | 0.02% per 4 hours |
| Tezos (XTZ) | ETH, EUR, USD, XBT | 0.02% | 0.02% per 4 hours |
| Tron (TRX) | ETH, EUR, USD, XBT | 0.02% | 0.02% per 4 hours |