BWET

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BitgetBWETUSDT	794.41	−0.4138	get 0.4138% / 8h	3h 00m	$34K	$127K	20x	Long Bitget
SHORT	QFEXBWET-USD	763.67	0	0.0000% / 1h	0m 32s	$1.1M	$171K	10x	Short QFEX

Price gap−3.870%

Funding gap+0.4138% /8h

Funding pays +$124 a day on $10k, but the gap is 4.594% under its 7d average: −$459 if it goes back, about 3.7 days of funding. At the last 7 days' pace that is about 7.6 days.

If you open now and hold

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

Funding+$33+0.4138% /8h now · paid +0.329% over the last 13 hours (all we have)

Price−$459spread −3.870% now, avg +0.725% → −4.594% if it goes back

Costs−$1,47414.740% of $10k · taker + slippage, in and out

Result−$1,901−19.01%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−3.870%

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 8 exchanges

lowest funding first

Before you open

0 ok · 5 to watch

Watch: Thin at this size27.3 / 697.7 bp
At $10k entering QFEX costs 697.7 bp, fee and slippage, 25.6× Bitget’s.
Note: Margin at max leverage$500 + $1,000
Bitget 20x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$124.14Long Bitget: 3 payments, +$124.14; short QFEX: 24 payments, $0.00.
Watch: Gap narrower than usual−3.870% vs +0.725%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$34K vs $1.1M OI
Bitget sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBitget Yes · QFEX No
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+0.2028%/8h × 21 periods+$425.88

Price spread−3.870% → +0.725% (7d avg)−$459.41

Slippage, 4 orderslive order books−$1,442.04

Fee Bitget bp × 2 orders−$12.00

Fee QFEX bp × 2 orders−$20.00

Net · 7 days · $10k−$1,507.57

Costs to cover14.740%Break-even31.8 days

Slippage: Bitget: live order book, 34 min ago; QFEX: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBitget20.7227.3 bp−$2752.6 bp−$526doesn’t fitdoesn’t fit

SELL · SHORTQFEX227.08697.7 bp−$698doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

BWET news

posts that mention BWET, from every exchangeSearch all news →

09-30 11:37	Bitget	Listing	new market BWETUSDT ($BWET) seen by our collector
09-30 10:07	SunX	Listing	new market BWET-USDT ($BWET) seen by our collector
09-30 07:17	HTX	Listing	new market BWET-USDT ($BWET) seen by our collector
09-29 14:11	MEXC	Listing	new market BWET_USDT ($BWET) seen by our collector
09-29 12:00	Gate	Listing	new market BWET_USDT ($BWET) seen by our collector
09-29 10:05	Binance	Listing	new market BWETUSDT ($BWET) seen by our collector