# Lending LP Positions The Lending-LP position (occasionally called a Deposit-LP Position), is a Long position whereby the investor constantly switches their position in and out of a Lending position which means they are either: Lending, Not Lending, or something in between (i.e. partially Lending). The main risk to this position is that it may be a zero-carry position. At the onset, the LP position is 'waiting' for it to be loaned, and until such time that a Borrower comes along, there is no one to switch the position from the Reference Market into the Subscription Market (where it earns interest). In this sense, the return that this investor will receive will be less than that amount had they just done a simple deposit. To offset this risk, the Lending LP is entitled to a share of the fees from the overall fees from the Subscription Market, in proportion to trades that were performed within the range that they are providing liquidity in. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://v1risk.infinity.exchange/market-risk/lending-lp-positions.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.