You decide when and how to repay a margin loan: by trading in the opposite direction of your position, by using Repay mode in the order form, or with Quick Repay in your Portfolio.
How your repayment is applied
Whichever option you choose, once the funds come in, they are always applied in the same order:
- Accrued interest is paid first.
- The borrowed amount (principal) is then returned to the lending pool.
- Anything left over stays in your Margin Wallet.
You don't need to split anything yourself. This happens instantly, every time you repay, in full or in part.
Example: you owe 2,000 USDT plus 15 USDT of accrued interest, and you sell BTC for 2,100 USDT. The first 15 USDT cover the interest, the next 2,000 USDT return the borrowed amount to the pool, and the remaining 85 USDT stay in your Margin Wallet.
Interest on your loan
Interest accrues every hour on your outstanding margin debt, calculated separately for each currency you borrowed. You can check accrued interest at any time in your Margin Wallet and in your transaction history.
Interest counts as debt. It lowers your Margin Level over time even if prices don't move, so the longer a position stays open, the more you owe.
Example: you borrow 2,000 USDT and keep the position open for a month without prices moving. Interest accrues every hour, so by the end of the month you might owe 2,024 USDT. Your debt grew by 24 USDT, and your Margin Level dropped accordingly, without a single trade.