Quote from: ziggystar1 on Today at 05:59:41 PM

Quote from: alterra57 on Today at 05:35:12 PM

Quote from: ziggystar1 on Today at 05:23:34 PM

Hi It is more a theoretical Question no exact start date and time.

1 days has 24 hours so you get charged 0.01% every 4 hours.
6 * 4 = 24
6 * 0.01% = 0.06% a day

So if you had a 10k$ position you will pay 0.06% a day or 6 dollars a day.

That's Kraken's fee. You also pay a fee depending on the current funding rate a coin has, you can check funding rates here: https://www.coinglass.com/FundingRate

Hi Thank you that is most helpful so it would be 6 dollars a day regardless of the position if it was 1k or 10k ?

No, 1k would be 0.6 or 60 cents. Google 0.06% of X (x is the number) and that's how much you pay a day.