Leverage fees so high?

I entered a long trade buying some etf with a leverage of 10x and supposing Im gonna hold long term. Like minimum a year. I didn't read the broker's info about the fees. I thought it'll be a small % probably some dollars. Fees can't do damage. Today I saw some fat -$ accumulating on my account. I've read the statement. It says something like $7 per day and $16 per weekend. Wtf?? Does it mean that if I hold the stock with X10 it'll cost couple of thousands of dollars per year? Nobody says that! I've read a thousand times like "oh no leverage brings risks because of pull backs".. but no one ever wrote that holding with X10 accumulates $9000 in fees per year! How can fees be higher than my supposed profit? I'm angry and I can't accept that my strategy that was based entirely on holding a year with high leverage won't work. Pls someone.. maybe I don't understand it right and it'll work?