## Get Locate Rate

`$ clst v1:locates get-locate-rate-by-id`

**get** `/v1/locates/rates/{instrument_id}`

Fetch the cached locate borrow rate for one instrument. Rates refresh
periodically; `404` means no rate is currently cached for the instrument.

### Parameters

- `--instrument-id: string`

  Instrument identifier: either an instrument UUID or a symbol (symbol for equities, OSI for options). Non-UUID inputs are resolved server-side.

### Returns

- `V1LocateGetLocateRateByIDResponse: BaseResponse`

  - `data: object { instrument_id, rate, as_of }`

    A locate borrow rate for an instrument.

    - `instrument_id: string`

      Instrument id the rate applies to.

    - `rate: string`

      Borrow rate, expressed as a decimal (e.g. 0.037012 for 3.7012%).

    - `as_of: optional string`

      When the rate was requested from the locates venue.

### Example

```cli
clst v1:locates get-locate-rate-by-id \
  --api-key 'My API Key' \
  --instrument-id x
```

#### Response

```json
{
  "metadata": {
    "request_id": "request_id",
    "next_page_token": "U3RhaW5sZXNzIHJvY2tz",
    "page_number": 1,
    "previous_page_token": "U3RhaW5sZXNzIHJvY2tz",
    "total_items": 42,
    "total_pages": 5
  },
  "error": {
    "code": 400,
    "message": "Order quantity must be greater than zero",
    "details": [
      {
        "foo": "bar"
      }
    ]
  },
  "data": {
    "instrument_id": "528ec5c3-cdbf-447c-b995-ec6c83cfbc02",
    "rate": "0.037012",
    "as_of": "2026-09-10T14:33:07.107683Z"
  }
}
```