> ## Documentation Index
> Fetch the complete documentation index at: https://docs.spiralstake.xyz/llms.txt
> Use this file to discover all available pages before exploring further.

# Fees

Spiral Stake charges a single fee: a **10 bps swap fee at position entry**.

The fee is applied to the internal swap that converts the flash-loaned amount into the collateral token when leveraged exposure is created. No further fees are charged for the duration of the position.

### Fee schedule

| Fee              | Rate |
| :--------------- | :--- |
| Swap fee (entry) | 0.1% |
| Yield fee        | 0    |
| Deposit fee      | 0    |
| Management fee   | 0    |
| Withdrawal fee   | 0    |

### Notes

* No fees are charged on `increaseLeverage()`, `supplyCollateral()`, `borrow()`, or `repay()`
* Closing a position incurs no fee, realized yield is paid out in full
* Morpho flash loans carry no cost
