BWET

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	KuCoinBWETUSDTM	908.36	0	0.0000% / 8h	7h 43m	$84K	$641K	20x	Long KuCoin
SHORT	SunXBWET-USDT	875.96	0	0.0000% / 8h	7h 43m	$2	$785K	10x	Short SunX≤10% back

Price gap−3.567%

Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 1.957% under its 7d average: the price leg works against you, −$196 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 −0.659% over the last 7D

Price−$196spread −3.567% now, avg −1.610% → −1.957% if it goes back

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

Result, before costs−$262−2.62%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−3.567%

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

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
KuCoin 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: $0.00Long KuCoin: 3 payments, $0.00; short SunX: 3 payments, $0.00.
Watch: Gap narrower than usual−3.567% vs −1.610%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$2 vs $84K OI
SunX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCKuCoin Yes · SunX No
Standard KYC (ID and face check) for any product since Aug 2023.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0314%/8h × 21 periods−$65.93

Price spread−3.567% → −1.610% (7d avg)−$195.66

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

Fee KuCoin 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: KuCoin: live order book, 1 min ago; SunX: live order book, 14 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGKuCoin10.73311.7 bp−$312doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTSunX481.19doesn’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 →

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 ↗