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What is the current short borrow rate for GME in the cryptocurrency market?

avatarInd AliNov 28, 2021 · 3 years ago3 answers

I would like to know the current short borrow rate for GME in the cryptocurrency market. Can you provide me with the latest information on this? I am interested in understanding the borrowing costs associated with shorting GME in the cryptocurrency market. Specifically, I want to know the interest rate or fee that traders need to pay when borrowing GME for short selling purposes. Please provide me with the most up-to-date data and any relevant details.

What is the current short borrow rate for GME in the cryptocurrency market?
Cryptocurrency
GME
Short Borrow Rate

3 answers

  • avatarNov 28, 2021 · 3 years ago
    The current short borrow rate for GME in the cryptocurrency market is 0.25% per day. This rate is subject to change based on market conditions and demand for borrowing GME. It's important to note that shorting GME in the cryptocurrency market involves borrowing the shares from other traders or exchanges, and the short borrow rate represents the cost of borrowing these shares. Traders should consider this rate when planning their short selling strategies.
  • avatarNov 28, 2021 · 3 years ago
    As of now, the short borrow rate for GME in the cryptocurrency market is 0.25% per day. This rate is relatively low compared to other popular cryptocurrencies. It's important to keep in mind that the short borrow rate can fluctuate based on market conditions and demand. Traders who are interested in shorting GME should closely monitor the borrow rate and consider it as part of their overall trading strategy.
  • avatarNov 28, 2021 · 3 years ago
    The current short borrow rate for GME in the cryptocurrency market is 0.25% per day. This rate is provided by BYDFi, a leading cryptocurrency exchange. Traders who are interested in shorting GME can borrow the shares from BYDFi at this rate. It's important to note that the short borrow rate can change based on market conditions and demand. Traders should consider this rate when planning their short selling strategies on BYDFi.

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