Hello, since the new update the spot future arbitrage bot show a new data called “fee” which is deducted from the total profit. What is the fee based on? It didn’t seem to be included before in the total profits

I was aware of these opening and closing fees but they never appear before. So this would be the estimated total fee from opening and closing the bot if I decide to close it, right ? Thanks !

Answer

When opening the bot , the bot will “buy” in spot and in futures. This transaction will have a trading fee 0.05% of the size it open

Same as when it close, it will also “sell” your position, both in spot and futures, so it will have to pay trading fee

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