BWET

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	QFEXBWET-USD	901.72	0	0.0000% / 1h	9m 48s	$1.2M	—	10x	Long QFEX10% back
SHORT	BybitBWETUSDT	905.77	+0.1370	get 0.1370% / 8h	3h 09m	$204K	$35K	25x	Short Bybit

Price gap+0.449%

Funding gap+0.1370% /8h

Both sides work: funding pays +$41 a day on $10k, and the gap is 0.440% above its 7d average: +$44 more if it goes back.

If you open now and hold

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

Funding+$17+0.1370% /8h now · paid +0.172% over the last 7D

Price+$44spread +0.449% now, avg +0.009% → +0.440% if it goes back

Costs−$2,09920.986% of $10k · taker + slippage, in and out

Result−$2,037−20.37%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.172% in total, about +0.0082%/8h on average.

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+0.449%

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 size1023.9 / 117.2 bp
At $10k entering QFEX costs 1023.9 bp, fee and slippage, 8.7× Bybit’s.
Note: Margin at max leverage$1,000 + $400
QFEX 10x, Bybit 25x. 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: +$41.11Long QFEX: 24 payments, $0.00; short Bybit: 3 payments, +$41.11.
OK: Entry gap works for you+0.449% vs +0.009%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$204K vs $1.2M OI
Bybit sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCQFEX No · Bybit Yes
Standard verification is mandatory for every product.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0082%/8h × 21 periods+$17.15

Price spread+0.449% → +0.009% (7d avg)+$44.03

Slippage, 4 orderslive order books−$2,067.57

Fee QFEX bp × 2 orders−$20.00

Fee Bybit bp × 2 orders−$11.00

Net · 7 days · $10k−$2,037.38

Costs to cover20.986%Break-even838.4 days

Slippage: QFEX: live order book, 5 min ago; Bybit: live order book, 40 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGQFEX280.041023.9 bp−$1,024doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTBybit12.08117.2 bp−$1174295.1 bp−$43.0Kdoesn’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 ↗