Intraday Fee is 0.10%


This fee applies to buy and sell trades that you do on the same day and same trading pair. If your order entry and exit happen within the same day, you get a reduced trading fee. You will be charged the normal maker or taker fee, whichever is applicable, at the time of your order. The difference will be calculated after midnight UTC and credited back to you the next day. This rebate will reflect in your daily trade statement with the label “rebate”.

 

For example: If you have a buy order executed for 4 XRP for Rs. 100 and a sell order on the same day executed for 3 XRP for Rs. 90, this is the total fees you will pay:


Trade TypeQuantityTrade AmountTake Fees %Fees charged
Buy XRP @ Rs 25 / XRP4 XRPRs 1000.25%Rs 0.25
Sell XRP @ Rs 30 / XRP3 XRPRs 900.25%Rs 0.225
Total Fees without intraday rebateRs 0.475

However, since there has been a buy order and a sell order on the same day for the same trading pair, the fees on the buy and sell order for 3 XRP will be reduced to 0.10% and fees on the buy order for the balance 1 XRP will be calculated at the same taker fee rate. 


Trade TypeQuantityTrade AmountTake Fees %Fees charged
Buy XRP @ Rs 25 / XRP1 XRPRs 250.25%Rs 0.0625
Buy XRP @ Rs 25 / XRP3 XRPRs 750.10%Rs 0.075
Sell XRP @ Rs 30 / XRP3 XRPRs 900.10%Rs 0.09
Total Fees after applying intraday rateRs 0.2275

 

As per the calculation above you will receive a rebate of INR 0.475 - INR 0.2275 = INR 0.2475.


You may also refer to the below mentioned link and get more clarity on the same: https://zebpay.com/in/fees/


Note: A trading day on our platform runs from 00:00 UTC to 23:59 UTC.