To be much accurate, borrowing fees works like that below my exemple :
- $DBMM shorted shares : 10 Million
- PPs @ adjusted closing position, 0.0055
- 10,000,000 x 0.0055 = $55,000
- $55,000 X $8.04 (actual $DBMM borrowing fee) = $442,200
-$442,200 / 360 (days) = $1,228 / Daily
Bullish