How is the profit per grid calculated?

Profit per grid is determined by the price movement within the grid, adjusted for trading fees. Here's a simple breakdown:

Formula

Profit per grid = Grid step % - (Trading fee % × 2)

How It Works

1. Grid Step and Trading Fee
   • Example: Grid step = 0.5%, trading fee = 0.1%.
   • Buy and sell orders are spaced at 0.5%, but to ensure profitability, the sell order is placed at:
     Grid step + (2 × trading fee) = 0.5% + 0.2% = 0.7%.
2. Profit Calculation
   • The effective profit is the spacing between buy and sell orders after deducting the fees:
     0.7% (spacing) - 0.2% (total fees) = 0.5% profit per grid.

Why Include Trading Fees?

The bot ensures that trading fees are accounted for before placing orders. This guarantees no negative trades while maintaining profitability.

Note

The exchange's commission is automatically tracked and applied to your account after your first trade on Bitsgap. This ensures accurate grid spacing and profit calculations.

Need Assistance?
If you encounter any issues or have questions, don’t hesitate to contact the Bitsgap Customer Support Team.