EWZ

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKEWZ2USD-USDT	34.830	−0.5000	get 0.5000% / 8h	7h 57m	$925K	$8.4M	—	Long BingX
SHORT	ExtendedEWZ-USD	40.448	−0.8440	pay 0.1055% / 1h	57m 56s	$229K	$639K	20x	Short Extended10% off

Price gap+16.129%

Funding gap−0.3440% /8h

The gap pays +$1,624 on $10k if it goes back to its 7d average, but funding costs $103 a day and eats that in about 16 days.

If you open now and hold

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

Funding+$21−0.3440% /8h now · paid +0.212% over the last 7D

Price+$1,624spread +16.129% now, avg −0.116% → +16.245% if it goes back

Costs−$990.986% of $10k · taker + slippage, in and out

Result+$1,547+15.47%+ Points / potential airdropExtended: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.212% in total, about +0.0101%/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+16.129%

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

EWZ on 16 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Thin at this size22.3 / 41.5 bp
At $10k entering Extended costs 41.5 bp, fee and slippage, 1.9× BingX’s.
Note: Margin at max leverage— + $500
BingX —, Extended 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$103.20Long BingX: 3 payments, +$150.00; short Extended: 24 payments, −$253.20.
OK: Entry gap works for you+16.129% vs −0.116%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$229K vs $925K OI
Extended sets your exit cost. Check its book before closing.
OK: Points on a legExtended points
Volume here counts toward the points program.
Watch: KYCBingX Yes · Extended No
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 earned+0.0101%/8h × 21 periods+$21.31

Price spread+16.129% → −0.116% (7d avg)+$1,624.50

Slippage, 4 orderslive order books−$83.60

Fee BingX bp × 2 orders−$10.00

Fee Extended bp × 2 orders−$5.00

Net · 7 days · $10k+$1,547.21

Costs to cover0.986%Break-evenfrom the start

Slippage: BingX: live order book, 4 min ago; Extended: live order book, 17 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX6.7122.3 bp−$2255.7 bp−$557230.4 bp−$23.0K847.8 bp−$423.9K

SELL · SHORTExtended8.5741.5 bp−$42doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

EWZ news

posts that mention EWZ, from every exchangeSearch all news →

10-21 11:27	Kraken Futures	Listing	new market PF_EWZUSD ($EWZ) seen by our collector
10-20 16:58	Extended	Listing	Now available to trade: $NOW and $LYTE (ServiceNow and Roundhill Photonics & Optics ETF) with up to 10x leverage, $EWZ (iShares MSCI Brazil ETF) with up to 20x leverage and $BOT (RoboStrategy) with up to 5x leverage @extendedapp on X ↗
10-20 14:51	Extended	Listing	new market EWZ-USD ($EWZ) seen by our collector
10-05 03:15	Backpack	Other	JUST IN: Flávio Bolsonaro finishes ahead of Lula in the first round of Brazil’s presidential election. The two advance to an Oct. 25 runoff. $EWZ +9.8% overnight. @Backpack on X ↗

EWZ