There are three types of fees in Levana:
- Trade fee — This fee goes to the yield fund as profit for liquidity providers when you open or update a position.
- Funding fee — A fee paid by traders taking on the popular side of a trade to other traders taking on the unpopular side of a trade. This fee is paid every hour.
- Borrow fee — A fee paid by traders to liquidity providers for the capital locked on the counterside of your position. This fee is paid every hour.