Sorry the 0.0308% for borrowing USD from EUR. How much is

Question

it yearly?

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29.01.2022

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But it is correct to to calculate on a 10k$ borrowed capital: 10.000x0.000308=3.08$x24h=73.92$ a day commission? 🙄

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30.01.2022

That is based on a constant borrow rate. Up to you if you want to do that approximation but it changes based on supply and demand

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30.01.2022

Ok. So, it's a high commission.........

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30.01.2022

https://help.ftx.com/hc/en-us/articles/360053007671-Spot-Margin-Trading-Explainer

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30.01.2022

Will Jaber · Accepted Answer

Hi there!! Sorry, can’t provide a yearly % as the rate can have slightly changes hourly!!

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29.01.2022