Are exchange fees excluded from profit calculation?
Users often wonder if exchange fees are excluded from profit calculation. The short answer is yes, read this article to learn more.
TL;DR
Yes, exchange fees are excluded from (accounted for in) all profit calculations for bots and deals. Gainium requests the actual fee from the exchange for each pair when a bot starts, including any fee discounts.
Exchanges fees are excluded from profit calculation for all bots and deals.
In addition, fee discounts and exceptions are accounted for. When starting a bot, we request the fee directly from the exchange for that particular pair and we discount this fee from all profit calculations.