1 Example Calculation

Fees — One Example Calculation

Scenario: USDT Loan (Hedged)

• Collateral: $10,000 (in 0FX, valued via oracle/TWAP)

• LTV at Origination: 35%

• Borrowed: $3,500 USDT

• Period: 90 days

• Base APR: 4.0% / yr

• Funding (Hedge): assume ~6.0% / yr average (illustrative)

• Execution Costs: gas + swap + hedge ops = $40 (illustrative)

Costs Over 90 Days

• Base Interest: $3,500 × 4.0% × (90/365) ≈ $34.52

• Funding Pass-through: $3,500 × 6.0% × (90/365) ≈ $51.78

• Execution (One-off): ≈ $40.00

Total Estimated Cost ≈ $126.30

Effective Cost for the Period

$126.30 / $3,500 ≈ 3.61% for 90 days

Non-annualized illustration; actual funding may be lower/higher.

If funding turns negative, the credit reduces the total.

Notes

• ETH loans (no USD/BTC hedge) do not include funding; same APR math, smaller execution.

• All figures are examples; your live quote lists exact APR, funding treatment, and estimated execution before you proceed.