BWET

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKBWET2USD-USDT	910.42	+0.0050	pay 0.0050% / 8h	46m 16s	$996K	$1.2M	—	Long BingX
SHORT	MEXCBWET_USDT	908.09	0	0.0000% / 8h	46m 16s	$540K	$103K	20x	Short MEXC

Price gap−0.256%

Funding gap−0.0050% /8h

Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.201% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$103−0.0050% /8h now · paid −1.031% over the last 7D

Price−$20spread −0.256% now, avg −0.055% → −0.201% if it goes back

Costs−$1571.566% of $10k · taker + slippage, in and out

Result−$280−2.80%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.256%

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 size20.6 / 41.1 bp
At $10k entering MEXC costs 41.1 bp, fee and slippage, 2.0× BingX’s.
Note: Margin at max leverage— + $500
BingX —, 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: −$1.50Long BingX: 3 payments, −$1.50; short MEXC: 3 payments, $0.00.
Watch: Gap narrower than usual−0.256% vs −0.055%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$540K vs $996K OI
MEXC sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBingX Yes · MEXC Yes
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0491%/8h × 21 periods−$103.09

Price spread−0.256% → −0.055% (7d avg)−$20.06

Slippage, 4 orderslive order books−$142.56

Fee BingX bp × 2 orders−$10.00

Fee MEXC bp × 2 orders−$4.00

Net · 7 days · $10k−$279.71

Costs to cover1.566%Break-evennever at this rate

Slippage: BingX: live order book, 4 min ago; MEXC: live order book, 13 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX3.4620.6 bp−$21162.9 bp−$1,629637.0 bp−$63.7K1033.2 bp−$516.6K

SELL · SHORTMEXC4.9541.1 bp−$41255.1 bp−$2,551301.3 bp−$30.1Kdoesn’t fit

Closing costs about the same again.

BWET news

posts that mention BWET, from every exchangeSearch all news →

10-16 04:00	SunX	Other	SunX 101 Lesson 85 \| What Is BWET? The Breakwave Tanker Shipping ETF, issued by Breakwave Advisors, tracks the freight rates of large crude and product tankers worldwide. $BWET is a tokenized asset that tracks the ETF price 1:1 on-chain. Now you can trade it on SunX with $BWET/USDT, 24/7. ▶️ @SunX_DEX on X ↗
10-09 09:40	Bybit	Listing	new market BWETUSDT ($BWET) seen by our collector
10-07 04:48	SunX	Other	🔗 TWST/USDT: 🔗 CRML/USDT: 🔗 BWET/USDT: @SunX_DEX on X ↗
10-07 04:00	SunX	Listing	SunX New Listings are LIVE. $TWST/USDT \| Twist Bioscience @TwistBioscience $CRML/USDT \| Critical Metals @CriticalMet $BWET/USDT \| Breakwave Tanker Shipping ETF @DryBulkETF With up to 10X leverage 📈 @SunX_DEX on X ↗
10-05 09:00	KuCoin	Listing	new market BWETUSDTM ($BWET) seen by our collector
10-04 13:07	HTX	Contest	New TradFi perpetuals go live! 🚀 HTX adds BWET/USDT, CRML/USDT, & TWST/USDT supporting up to 20x leverage. New Coin Trading Contest Heats Up! @HTX_Global on X ↗