The profit is generated from a price action within the grid. The profit per grid is a % price spacing between adjacent grids, minus the % trading fee for both grids. The trading fee is always included in the spacing between grids to make sure that a trading bot will not trade in negative.

Now let's have a more deep look into how the profit per grid is calculated. Let's assume that the spacing between two adjacent orders is 0.5% and the exchange's one-side trading fee is 0.1% then profit per grid is 0.3%.

And here is why: To complete one buy and one sell order we would need to pay our exchange 2 transaction fees for filled orders. This fee is included in pre-calculation, and then the spacing is adjusted accordingly to cover the exchange's fees and generate income.

❗ Please note that the exchange's commission is automatically remembered for your account after the first trade you make on Bitsgap.