What are the fees for trading on margin?

CEX.IO takes the following fees for margin trading:

1. Position opening fee is 0.2% from position amount at current price
2. Rollover fee 0.01% is taken from the rest of balance to prolong your position for next 4 hours:

• For long positions: Loan amount * 0.01%
• For short positions: Loan amount * Current price * 0.01%

Please note that position will be closed automatically if the balance is not enough to cover the rollover fee.