What 0.1% actually is
0.1% = 0.001, one-thousandth of the trade size: 0.10 USDT on 100 USDT, 1.00 USDT on 1,000 USDT and 10.00 USDT on 10,000 USDT.
Spot fees are usually charged on both sides, so one full round trip costs about twice the single-side fee.
Formulas
trade size × 0.1%single-side fee × 2round trip × trades per day × daysWorked example (recompute it yourself)
At 2,000 USDT per trade and a 0.1% rate: single side = 2,000 × 0.001 = 2.00 USDT; one round trip = 4.00 USDT.
At 20 round trips a day for 30 days: cumulative fees = 4.00 × 20 × 30 = 2,400 USDT.
Turnover over the same period = 2,000 × 2 × 20 × 30 = 2,400,000 USDT, so fees are exactly 0.1% of turnover.
Notes
Actual rates vary by venue, VIP tier and whether platform tokens are used for discounts. Use your own account rate.
The more you trade, the larger the cumulative cost of 0.1% becomes. Short-term or grid strategies should subtract it before judging viability.
FAQ
Is 0.1% high?
That is not for us to judge. Enter your own rate and trade size and the calculator shows the absolute cost at any trading frequency.
Why count the fee twice?
Buying and selling are two separate fills, each charged on its notional. Counting one side only badly understates the true cost.