nope, but the down side is that the amount you need to upgrade an equip each level will increase by 1 so like lv 4 would take 5 to upgrade to lv 5 and then it would take 6 to upgrade to lv 6
if you wanted to make an item mall eq go up to +10, it would take 1+2+3+4+5+6+7+8+9+10 = 55 SS