# Margin Borrow Rates in Spot Margin Trading

Category: Placing Trades › Spot Trading  
Source: https://help.coinunited.io/en/articles/margin-borrow-rates-in-spot-margin-trading  
Last updated: 2026-08-21

Margin borrow rates will change every hour, based on current market conditions. Margin borrow users will be charged interest for their borrowings on an hourly basis.

## Calculating Borrow Rate

Assume that the current borrowing rate for DOGE is at 2.3% / year. The Borrow Rate formula uses hourly rates, so to convert the yearly rate to hourly we simply do the following:

= 2.3% / 365 / 24  
= 0.000263%

Interest is paid every hour in the currency you’re borrowing. In this case, you’d be paying 0.0526 DOGE every hour to maintain your 20,000 DOGE borrowed.

## Note about fees:

• The borrow rates displayed on the borrows page are the actual rates you’d be paying for that hour.

• Also, if funds are borrowed and withdrawn from the account, the expected borrow rate for the next hour will be applied to the withdrawn funds.

• Users can check their outstanding borrows and respective borrow rate under: \[User\] - \[My Fee Rates\] - \[Borrow Rates\] tab

### APP

![APP](https://cu-api.com/helpcenter/uploads/my_fee_rate_app_8e417f04c8.webp)

![APP (2)](https://cu-api.com/helpcenter/uploads/borrow_rates_app_d1d323c92a.webp)

### Web Platform

![Web Platform](https://cu-api.com/helpcenter/uploads/my_fee_rate_pc_9e8a127cfb.webp)

![Web Platform (2)](https://cu-api.com/helpcenter/uploads/borrow_rates_pc_ca41623733.webp)

## Need More Help?

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