The margin allowance limits for each currency are shown below, these values represent the maximum amount of the asset you are permitted to obtain from the Kraken margin pool.

Asset	Allowance
AUD*	150,000
CAD*	500,000
CHF*	300,000
EUR*	8,000,000
GBP*	1,000,000
JPY*	2,500,000
USD*	15,000,000
AAVE	1,400
ADA	1,100,000
ALGO	340,000
APE	12,000
APT	5,680
ATOM	20,000
AVAX	4,600
AXS	2,500
BAT	170,000
BCH	670
BLUR	48,000
BTC	310
COMP	590
CRV	33,000
DAI	580,000
DASH	1,000
DOGE	4,600,000
DOT	67,000
EOS	71,000
ETC	4,800
ETH	3,200
FIL	12,000
FLOW	36,000
FLR	960,000
FTM	62,000
GRT	340,000
KAVA	62,000
KEEP**	0
KSM	1,400
LDO	24,160
LINK	39,000
LRC	72,000
LTC	3,900
MANA	130,000
MATIC	420,000
MINA	52,000
NANO	9,000
OCEAN	156,000
OMG	27,000
PAXG	24
REP	500
SAND	43,000
SC	6,600,000
SOL	18,000
TRX	3,400,000
UNI	11,000
USDC	5,600,000
USDT	6,200,000
WAVES	12,000
XLM	1,100,000
XMR	1,700
XRP	1,200,000
XTZ	74,000
ZEC	1,700

*CAD, CHF, EUR, GBP, JPY and USD margin allowance limits only apply to long positions. See below for further explanation.
**All KEEP markets are in Reduce Only meaning you cannot open new Margin positions. You can only reduce the size of your existing ones.

If you try to open a spot position on margin that exceeds your allowance limits, you will see a "Margin allowance exceeded" error. Additionally, if you try to open a margin position that exceeds the limit, you will see the error "Margin position size exceeded". 

Margin allowance limits are separate for each currency. So you could use up to 20,000 ATOM and 1,000,000 GBP from our margin pools at the same time (assuming there are funds available in the pool).

Margin allowance limits are a total per currency, not a total per position. So you can create a single BTC/USD long position for 15,000,000 USD, or ten BTC/USD long positions at 1,500,000 USD each.

Margin allowance limits are reset when you close a position, which automatically repays the funds to our margin pool.

Note: Where the margin pool funds are derived from depends on the trading pair and whether you are long or short.

For a crypto-to-cash pair like BTC/USD:

• To go long (i.e. buy BTC), funds from the USD pool are used and thus the USD allowance limits apply.
• To go short (i.e. sell BTC), funds from the BTC pool are used and thus the BTC allowance limits apply.

For a crypto-to-crypto pair like ETH/BTC:

• To go long (i.e. buy ETH), funds from the BTC pool are used and thus the BTC allowance limits apply.
• To go short (i.e. sell ETH), funds from the ETH pool are used and thus the ETH allowance limits apply.

Note: The limits for going short are not supposed to be the same as the limits for going long. Limits are not based on the exchange rate. They are based on how much of each currency we have available in our margin pools.

Your account is verified and you want to open a long position in BTC/GBP. The maximum size of your long position, assuming you had enough collateral to open it, and you do not exceed the margin position limit, would be 310,000 GBP worth of bitcoin. The number of bitcoins that it would be possible to buy in these positions would depend on the current price of bitcoin. The limit would not be 310 bitcoin.

If you wanted to open a short position in bitcoin against USD, EUR or ETH, the limit on the size of the position would be 310 bitcoin because when you are shorting bitcoin, you are using Kraken’s funds from the BTC margin pool.