BWET

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	QFEXBWET-USD	795.45	0	0.0000% / 1h	28m 21s	$1.1M	$174K	10x	Long QFEX
SHORT	BitgetBWETUSDT	796.57	−0.3859	pay 0.3859% / 8h	2h 28m	$34K	$130K	20x	Short Bitget

Price gap+0.141%

Funding gap−0.3859% /8h

The gap pays +$39 on $10k if it goes back to its 7d average, but funding costs $116 a day and eats that in about 8 hours.

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+$39spread +0.141% now, avg −0.245% → +0.385% if it goes back

Costs−$6946.944% of $10k · taker + slippage, in and out

Result−$689−6.89%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+0.141%

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

Watch: Thin at this size319.7 / 30.3 bp
At $10k entering QFEX costs 319.7 bp, fee and slippage, 10.5× Bitget’s.
Note: Margin at max leverage$1,000 + $500
QFEX 10x, Bitget 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$115.77Long QFEX: 24 payments, $0.00; short Bitget: 3 payments, −$115.77.
OK: Entry gap works for you+0.141% vs −0.245%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short 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: KYCQFEX No · Bitget 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−0.1948%/8h × 21 periods−$409.09

Price spread+0.141% → −0.245% (7d avg)+$38.54

Slippage, 4 orderslive order books−$662.41

Fee QFEX bp × 2 orders−$20.00

Fee Bitget bp × 2 orders−$12.00

Net · 7 days · $10k−$1,064.95

Costs to cover6.944%Break-evennever at this rate

Slippage: QFEX: live order book, 8 min ago; Bitget: live order book, 66 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGQFEX252.06319.7 bp−$320doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTBitget20.7230.3 bp−$3073.1 bp−$731doesn’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