Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

BWET

RWAAll BWET markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
SunXBWET-USDT
751.6400.0000% / 8h3h 28m—$592K10xLong SunX≤10% back
SHORT
BingXNCSKBWET2USD-USDT
749.53−0.0050pay 0.0050% / 8h3h 28m$996K$1.3M—Short BingX
Price gap−0.281%
Funding gap−0.0050% /8h

Funding costs $2 a day on $10k at the current rate. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding—−0.0050% /8h now · no funding history yet
Price−$2spread −0.281% now, avg −0.262% → −0.019% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs—no pointsneeds funding history

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now−0.281%
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 · 3 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$1,000 + —
    SunX 10x, BingX —. 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: −$1.50Long SunX: 3 payments, $0.00; short BingX: 3 payments, −$1.50.
  • Note: Gap at its usual level−0.281% vs −0.262%
    The price leg adds little either way.
  • Watch: Long leg is thinner— vs $996K OI
    SunX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCSunX No · BingX Yes
    Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earnedno history yet: current rate−$10.50
Price spread−0.281% → −0.262% (7d avg)−$1.86
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k—
doesn’t fit the books at $10k
Costs to cover—Break-even—
Slippage: SunX: live order book, 28 min ago; BingX: live order book, 9 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGSunX64.96doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX7.8276.1 bp−$76307.7 bp−$3,077620.2 bp−$62.0K1027.4 bp−$513.7K

Closing costs about the same again.

Alert

BWET news

posts that mention BWET, from every exchangeSearch all news →
09-30 11:37BitgetListingnew market BWETUSDT ($BWET) seen by our collector
09-30 10:07SunXListingnew market BWET-USDT ($BWET) seen by our collector
09-30 07:17HTXListingnew market BWET-USDT ($BWET) seen by our collector
09-29 14:11MEXCListingnew market BWET_USDT ($BWET) seen by our collector
09-29 12:00GateListingnew market BWET_USDT ($BWET) seen by our collector
09-29 10:05BinanceListingnew market BWETUSDT ($BWET) seen by our collector