BWET

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BitgetBWETUSDT	596.79	−0.0503	get 0.0503% / 8h	7m 59s	$251K	$911K	20x	Long Bitget
SHORT	BingXNCSKBWET2USD-USDT	596.89	+0.0263	get 0.0263% / 8h	7m 59s	$996K	$745K	—	Short BingX

Price gap+0.016%

Funding gap+0.0766% /8h

Funding trade: +$23 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

If you open now and hold

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

Funding+$52+0.0766% /8h now · paid +0.517% over the last 7D

Price−$1spread +0.016% now, avg +0.029% → −0.013% if it goes back

Costs−$5195.193% of $10k · taker + slippage, in and out

Result−$469−4.69%no points

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.517% in total, about +0.0246%/8h on average.

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+0.016%

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 · 3 to watch

Watch: Thin at this size314.8 / 46.9 bp
At $10k entering Bitget costs 314.8 bp, fee and slippage, 6.7× BingX’s.
Note: Margin at max leverage$500 + —
Bitget 20x, BingX —. 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: +$22.98Long Bitget: 3 payments, +$15.09; short BingX: 3 payments, +$7.89.
Note: Gap at its usual level+0.016% vs +0.029%
The price leg adds little either way.
Watch: Long leg is thinner$251K vs $996K OI
Bitget sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBitget Yes · BingX Yes
KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0246%/8h × 21 periods+$51.71

Price spread+0.016% → +0.029% (7d avg)−$1.31

Slippage, 4 orderslive order books−$497.27

Fee Bitget bp × 2 orders−$12.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k−$468.87

Costs to cover5.193%Break-even70.5 days

Slippage: Bitget: live order book, 21 min ago; BingX: live order book, 67 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBitget15.31314.8 bp−$315doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTBingX0.7146.9 bp−$47263.1 bp−$2,631591.3 bp−$59.1K1035.6 bp−$517.8K

Closing costs about the same again.

BWET news

posts that mention BWET, from every exchange

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 ↗