Currently 186m USD being borrowed/lent on FTX @ 100% APY!
(this number changes fairly frequently)
ftx.com/spot-margin/le
Conversation
I have a small negative USD balance from trading perps, enabled spot margin just to see what its about, now I cant disable it and I'm paying hourly borrow whereas I wasn't before.. this doesn't seem right?
1
Replying to
1) you can sell out your BTC etc. to get back to positive USD and then disable
2) ftx.com/settings to disable
Yeh no I get that man, it just seems a bit off that I wasn't paying hourly borrow before on my -ve balance with spot margin disabled, and now I am.. and I hate selling my spot 😂
Thanks for taking the time to reply Sam 👊
I guess my point is theres a tiny UX improvement that could be made here. If user attempts to enable spot margin and has a -ve balance they're not currently paying hourly borrow on, alert them that they will be. Obvs understand this is super low priority relative to your backlog!

