https://frontrun.substack.com/p/how-to-master-ethereum-gas-fees-etherscan

Dear frontrunners,

In this issue, we’re going to go deep on Ethereum network fees, etherscan, and coinbase. Why? The first step to frontrunning isn’t making more money, it’s controlling the money you make. What I see across the web3 and crypto ecosystem is a large ‘hand-waive’ of how fees are calculated. An over-emphasis on how to perform a specific trade, while ignoring the mechanics of transaction fees and how it impacts profitability. If you ignore the details, you are doomed to fail. Master the details and control your destiny.

In this issue you will:

• Understand how coinbase calculates its network fees
• Learn why the coinbase (or any centralized exchange) network fee is different from the transaction fee calculated on etherscan
• Review ethereum’s transaction fees (also called gas) and how it is calculated in etherscan
• Understand the components that make up a transaction (gas) fee including:
  • base, max, tip, limit, txn savings, burnt
• Learn what an externally owned account (EOA) is and how it differs from a contract account
• Practice with real numbers - there is no magic hand waiving to mastery.

Frontrun predicts the future of money and technology with an occasional meme.

Tools you’ll need:

• Access to etherscan - bookmark this now
• A centralized exchange - like coinbase
• A web wallet - like metamask
• Spreadsheet software - like google spreadsheets

We will end with a call to action on how to perform this analysis with your own wallet.

Setting the stage: