BWET

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BitgetBWETUSDT	796.53	−0.3859	get 0.3859% / 8h	2h 28m	$34K	$130K	20x	Long Bitget
SHORT	SunXBWET-USDT	796.42	0	0.0000% / 8h	2h 28m	—	$4.2M	10x	Short SunX≤10% back

Price gap−0.014%

Funding gap+0.3859% /8h

Funding pays +$116 a day on $10k, but the gap is 0.031% under its 7d average: −$3 if it goes back, about under an hour of funding.

If you open now and hold

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

Funding+$33+0.3859% /8h now · paid +0.329% over the last 14 hours (all we have)

Price−$3spread −0.014% now, avg +0.017% → −0.031% if it goes back

Costsdoesn’t fit$10k a leg is deeper than the books hold

Result, before costs+$30+0.30%no pointscosts unknown: book too thin at $10k · What 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−0.014%

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

1 ok · 4 to watch

Problem: Doesn’t fit the books—
$10k a leg is deeper than SunX’s order book right now.
Note: Margin at max leverage$500 + $1,000
Bitget 20x, SunX 10x. 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: +$115.77Long Bitget: 3 payments, +$115.77; short SunX: 3 payments, $0.00.
Watch: Gap narrower than usual−0.014% vs +0.017%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner— vs $34K OI
SunX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCBitget Yes · SunX 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+0.1947%/8h × 21 periods+$408.91

Price spread−0.014% → +0.017% (7d avg)−$3.13

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee Bitget bp × 2 orders−$12.00

Fee SunX bp × 2 orders−$8.00

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: Bitget: live order book, 66 min ago; SunX: live order book, 7 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 · SHORTSunX66.25doesn’t fitdoesn’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