BWET

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GateBWET_USDT	910.30	0	0.0000% / 8h	46m 35s	$301K	$20K	20x	Long Gate
SHORT	MEXCBWET_USDT	908.09	0	0.0000% / 8h	46m 35s	$540K	$103K	20x	Short MEXC

Price gap−0.243%

Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.271% under its 7d average: the price leg works against you, −$27 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+$660.0000% /8h now · paid +0.661% over the last 7D

Price−$27spread −0.243% now, avg +0.028% → −0.271% if it goes back

Costs−$4654.649% of $10k · taker + slippage, in and out

Result−$426−4.26%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−0.243%

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 size177.8 / 41.1 bp
At $10k entering Gate costs 177.8 bp, fee and slippage, 4.3× MEXC’s.
Note: Margin at max leverage$500 + $500
Gate 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 Gate: 3 payments, $0.00; short MEXC: 3 payments, $0.00.
Watch: Gap narrower than usual−0.243% vs +0.028%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$301K vs $540K OI
Gate sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCGate Yes · MEXC Yes
KYC before the futures account opens; 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+0.0315%/8h × 21 periods+$66.14

Price spread−0.243% → +0.028% (7d avg)−$27.08

Slippage, 4 orderslive order books−$445.85

Fee Gate bp × 2 orders−$15.00

Fee MEXC bp × 2 orders−$4.00

Net · 7 days · $10k−$425.79

Costs to cover4.649%Break-even52.1 days

Slippage: Gate: live order book, 18 min ago; MEXC: live order book, 13 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGGate5.71177.8 bp−$178doesn’t fitdoesn’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.

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 ↗