Fees & Interest

Trading on Lavarage has two cost types: a protocol fee and borrow interest.

Fee	Amount	When
Open fee	0.1%–1% of position size (varies by market)	When you open
Close fee	0.1%–1% of position value (varies by market)	When you close
Borrow interest	Accrues on the borrowed amount at the offer's APR (daily ≈ APR ÷ 365)	While the position is open; shown in the BF (borrow fees) column
Swap fee	Jupiter routing fee	Built into the swap
Network fee	~0.000005 SOL	Every transaction

The protocol fee is up to 1% per side and is lower on some markets (as little as ~0.1%) — it varies by token. The exact fee for your trade is always shown in the trade preview (and in the close quote) before you confirm — that number is what you pay.

Tip: check the fee in the trade preview before opening, and in the close quote before closing. Those are the exact amounts.

Example: a $50 position at the 1% rate → $0.50 open fee. Borrowed $40 at 20% APR ≈ $0.022/day, accumulating in the BF column. Closing later charges the same rate on the close value.

Recap: protocol fee 0.1%–1% per side (open + close) depending on the market → interest accrues daily on the loan → always check the preview for the exact number.