Do the Bitfinex fees apply to the liquidity providers also?
I want to know that as well.
https://www.bitfinex.com/pages/feesSWAPS
Charged on your existing swaps, paid by the liquidity provider 15.0% (of the swaps generated by active contracts)
What exactly does the above line mean?
Since I essentially plan to have a long position, I wouldn't mind generating a return (however small it may be) by providing liquidity.
But I do want to know if fees would eat into my returns.