No, it's less - recently moved mine to UL - but turnover seems higher.
I thought it might be - presumably its the trade off between fewer people paying more to buy and more people being likely to download the book and give it a go for free. I also wonder if the amount is linked to the amount of the book that is read, or the duration it's downloaded for, or is it just a basic per download irrespective of whether the person reads any of it...
Update: Found a page about it. It's complicated. The kindle unlimited fees form a "fund" per country per month and the authors get a share of the fund based on the number of normalised pages read of their books.
For example, here's how we'd calculate royalty payouts if $10 million in funds are available in a given month with 100 million total pages read. (Note: Actual payouts may vary. Check your Prior Month's Royalty Report to see your earnings):
We support our authors' efforts to promote their Kindle eBooks, but we also work to prevent any manipulation of the Kindle experience.
- Author with a 100-page Kindle eBook that was borrowed and read completely 100 times would earn $1,000 ($10 million x 10,000 pages for this author / 100,000,000 total pages).
- Author of a 200-page Kindle eBook that was borrowed and read completely 100 times would earn $2,000 ($10 million x 20,000 pages for this author / 100,000,000 total pages).
- Author of a 200-page Kindle eBook that was borrowed 100 times but only read halfway through on average would earn $1,000 ($10 million x 10,000 pages for this author / 100,000,000 total pages).
We do not permit authors to offer, or participate in marketing that incentivizes Kindle Unlimited (KU) customers to read their Kindle eBooks in exchange for compensation of any kind. This includes payment (whether in the form of money or gift certificates), bonus content, entry to a contest or sweepstakes, discounts on future purchases, extra product, or other gifts.