Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG910.1100.0000% / 8h46m 02s$521K$205K20xLong Binance
SHORT908.0900.0000% / 8h46m 02s$540K$103K20xShort MEXC
Price gap−0.222%
Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.171% under its 7d average: the price leg works against you, −$17 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$10.0000% /8h now · paid +0.009% over the last 7D
Price−$17spread −0.222% now, avg −0.051% → −0.171% if it goes back
Costs−$1801.800% of $10k · taker + slippage, in and out

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.222%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

BWET on 11 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size34.2 / 41.1 bp
    At $10k entering MEXC costs 41.1 bp, fee and slippage, 1.2× Binance’s.
  • Note: Margin at max leverage$500 + $500
    Binance 20x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long Binance: 3 payments, $0.00; short MEXC: 3 payments, $0.00.
  • Watch: Gap narrower than usual−0.222% vs −0.051%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$521K vs $540K OI
    Binance sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Yes · MEXC Yes
    Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0004%/8h × 21 periods+$0.94
Price spread−0.222% → −0.051% (7d avg)−$17.13
Slippage, 4 orderslive order books−$168.00
Fee Binance bp × 2 orders−$8.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$196.19
Costs to cover1.800%Break-even1463.8 days
Slippage: Binance: live order book, 55 min ago; MEXC: live order book, 13 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance3.3534.2 bp−$34487.4 bp−$4,874doesn’t fitdoesn’t fit
SELL · SHORTMEXC4.9541.1 bp−$41255.1 bp−$2,551301.3 bp−$30.1Kdoesn’t fit

Closing costs about the same again.

Alert

BWET news

posts that mention BWET, from every exchangeSearch all news →
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