Unclear fees or calculations on Loopr

The calculation of the fees and end position / result is unclear on Loopr. For example, I just opened a 25k 10x leverage position, that under ‘deposited’ only shows 23.9k, which implies I have instantly lost 1.1k. I expected a deposit fee of about $125 (0.05% on the total leveraged value) but apparently it is 10x’s higher?

Further, going on ‘manage’ the position on the ‘borrow’ tab, the borrowed amount is showing an incorrect number (243k vs 260k) which makes me uncertain what is really going on.

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Upvoters
Status

In Review

Board
💡

Feature Request

Date

7 months ago

Author

Tom Mitchell

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