Confusion over selling fees !

I've just received payment for an item I sold for £2.99 and postage £3.10. However I've only received £5.01, therefore I've made £1.91.  I don't understand how the fees work anymore. I've been selling on eBay for around 13 years and no longer think it's worthwhile.  And also I'm only getting the funds today although I posted the item yesterday. I hate this new system with a passion! 

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We are all going to be under eBay's Managed Payment system,  and as they divorced / sold Paypal years ago,  there will be no going back,  this system is here to stay.

 

Here is a link to explain the new fees.

 

https://sellercentre.ebay.co.uk/selling/managed-payments

 

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