BWET

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	QFEXBWET-USD	904.30	0	0.0000% / 1h	47m 53s	$1.2M	—	10x	Long QFEX10% back
SHORT	KuCoinBWETUSDTM	914.73	−0.0161	pay 0.0161% / 8h	5h 47m	$90K	$561K	20x	Short KuCoin

Price gap+1.153%48s

Funding gap−0.0161% /8h

The gap pays +$130 on $10k if it goes back to its 7d average, but funding costs $5 a day and eats that in about 27 days.

If you open now and hold

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

Funding+$69−0.0161% /8h now · paid +0.695% over the last 7D

Price—spread +1.153%48s now · prices read too far apart to compare

Costs−$2,64526.452% of $10k · taker + slippage, in and out

Result—no pointsneeds both prices read together

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+1.153%

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

0 ok · 5 to watch

Watch: Thin at this size962.1 / 407.4 bp
At $10k entering QFEX costs 962.1 bp, fee and slippage, 2.4× KuCoin’s.
Note: Margin at max leverage$1,000 + $500
QFEX 10x, KuCoin 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: −$4.83Long QFEX: 24 payments, $0.00; short KuCoin: 3 payments, −$4.83.
Watch: Prices read 48 s apart+1.153% vs −0.143%
Part of this gap may be the market moving.
Watch: Short leg is thinner$90K vs $1.2M OI
KuCoin sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCQFEX No · KuCoin Yes
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+0.0331%/8h × 21 periods+$69.49

Price spreadprices read too far apart to compare—

Slippage, 4 orderslive order books−$2,613.20

Fee QFEX bp × 2 orders−$20.00

Fee KuCoin bp × 2 orders−$12.00

Net · 7 days · $10k−$2,575.71

price spread not counted: prices read too far apart

Costs to cover26.452%Break-even266.5 days

Slippage: QFEX: live order book, 7 min ago; KuCoin: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGQFEX175.00962.1 bp−$962doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTKuCoin20.30407.4 bp−$407doesn’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 ↗