Leverage Doesn’t Add a Separate Fee
When you use 3x, 5x, or 10x leverage on EVEDEX, you don’t pay for the leverage directly. There’s no “borrowing fee” or fixed charge tied to the leverage number. But the total trade size gets larger, which changes how fees are calculated.
How Fees Are Calculated with Leverage
Fees are based on your total position size — not your initial margin.
Example:
You open a 10x long position with $100 of your own funds.
Your total position size is $1,000.
If the trading fee is 0.1%, you’ll pay 0.1% * $1,000 = $1 in fees — not $0.10.
This applies to both the opening and closing of the position.
So in this case, your total round-trip fee is $2 (open + close), even though you only put in $100.
Funding Rate Also Applies to the Full Position
If the market has a funding rate (positive or negative), it’s also applied to the full position size. Higher leverage means larger notional value, so funding charges can add up faster.
What to Watch
Always check the estimated fees before confirming the trade
Make sure you understand the full notional size when using high leverage
Don’t confuse margin amount (your own funds) with position size (total exposure)
Bottom Line
Leverage doesn’t cost extra by itself, but it multiplies your position — and your fees go up with it. Always check the total trade volume when estimating costs.