# Short Fees / ETB Fees

**URL:** <https://forum.alpaca.markets/t/short-fees-etb-fees/2929>\
**Category:** Getting Started with Alpaca\
**Created:** [October 8, 2020, 3:10pm UTC](https://forum.alpaca.markets/t/short-fees-etb-fees/2929 "2020-10-08T15:10:20Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![Gecko](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.alpaca.markets/gecko/32/1382_2.png) [@Gecko](https://forum.alpaca.markets/u/Gecko)\
**Post date:** [October 8, 2020, 3:10pm UTC](https://forum.alpaca.markets/t/short-fees-etb-fees/2929/1 "2020-10-08T15:10:20Z")

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I am reading the Docs and can’t find the fees for shorting.

> **[Margin & Short Selling - Documentation | Alpaca](https://alpaca.markets/docs/trading-on-alpaca/margin-and-shorting/)**
>
> Alpaca API lets you build and trade with real-time market data for free.

1. What are the fees and where can I find them?
2. “Daily stock borrow fees are the fees incurred for all ETB shorts held in your account **as of** end of day” - Just to verify… Does that mean if I open a short in the AM and settle that short by the EOD, I will not occur any fees? and is EOD 4pm normal hours or 6pm extended hours?
3. “Alpaca passes through all borrow costs incurred when a customer shorts a stock. Borrow fees accrue daily and are billed at the end of each month.” - Does that only apply to overnight holdings? Does paper trading ever get “billed” for realism purposes?

Thanks!!

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**Author:** ![TEKNECI](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.alpaca.markets/tekneci/32/1449_2.png) [@TEKNECI](https://forum.alpaca.markets/u/TEKNECI)\
**Post date:** [December 4, 2020, 4:59pm UTC](https://forum.alpaca.markets/t/short-fees-etb-fees/2929/2 "2020-12-04T16:59:38Z")

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I have the same questions:  
-what is the cost of shorting a stock within the same day?  
(short in the morning and close it by the EOD)  
-what if I keep it shorted overnight, or more days?
