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 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 BTC/USD
Kraken provides the USD (used to purchase the longed BTC) to open the position and thus margin fees are preferred in the quote currency - USD in this case.
If you go Short on BTC/USD
Funds from our BTC margin pool are used to open the position and thus margin fees are preferred in the base currency - BTC in this case.
Note: if you enter into a spot position on margin without the preferred base or quote collateral currency in your account balances, fees may be debited in any other eligible collateral currency held in your Kraken account. For example, if you purchase BTC using an extension of margin in USD, but the only collateral currency you have is ETH, your ETH balance will be debited to pay your opening and rollover fees.
|
Base currency |
Quote currency |
Opening fee (for opening a position) |
Rollover fee (for maintaining a position, begins after 4 hours) |
|
Bitcoin (BTC) |
EUR, USD, USDT |
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 |
|
Algorand (ALGO) |
EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
|
Augur (REP) |
EUR, ETH, BTC |
0.02% |
0.02% per 4 hours |
|
Bitcoin (BTC) |
CAD, GBP |
0.02% |
0.02% per 4 hours |
|
Bitcoin Cash (BCH) |
EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
|
Cardano (ADA) |
ETH, EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
|
Chainlink (Link) |
ETH, EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
|
Cosmos (ATOM) |
EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
|
Dash (DASH) |
EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
|
EOS (EOS) |
ETH, EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
|
Ethereum (ETH) |
EUR, USD, USDT, BTC |
0.02% |
0.02% per 4 hours |
|
Ethereum Classic (ETC) |
ETH, EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
|
Filecoin (FIL) |
EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
|
Litecoin (LTC) |
EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
|
Monero (XMR) |
EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
|
OmiseGO (OMG) |
EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
|
Polkadot (DOT) |
ETH, EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
|
Ripple (XRP) |
EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
|
Stellar Lumens (XLM) |
EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
|
Tezos (XTZ) |
ETH, EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
|
Tron (TRX) |
ETH, EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
|
Zcash (ZEC) |
EUR, USD, BTC |
0.02% |
0.02% per 4 hours |
*Availability of margin trading services is subject to certain limitations and eligibility criteria.