EWZ

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	ExtendedEWZ-USD	34.853	+0.0592	pay 0.0074% / 1h	59m 29s	$64K	$795K	20x	Long Extended10% off
SHORT	AsterEWZUSDT	34.862	−1.1403	pay 1.1403% / 8h	6h 59m	$105K	$331K	20x	Short Aster≤10% back

Price gap+0.025%

Funding gap−1.1995% /8h

Both sides work against this direction now: funding costs $360 a day on $10k and the gap is 0.094% under its 7d average. Swap the legs.

If you open now and hold

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

Funding−$158−1.1995% /8h now · paid −1.578% over the last 7D

Price−$9spread +0.025% now, avg +0.119% → −0.094% if it goes back

Costs−$4124.117% of $10k · taker + slippage, in and out

Result−$579−5.79%+ Points / potential airdropExtended: points · Aster: Stage 5 · 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 −1.578% in total, about −0.0751%/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+0.025%

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 size17.3 / 332.6 bp
At $10k entering Aster costs 332.6 bp, fee and slippage, 19.3× Extended’s.
Note: Margin at max leverage$500 + $500
Extended 20x, Aster 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: −$359.85Long Extended: 24 payments, −$17.76; short Aster: 3 payments, −$342.09.
Watch: Gap narrower than usual+0.025% vs +0.119%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$64K vs $105K OI
Extended sets your exit cost. Check its book before closing.
OK: Points on a legExtended points · Aster Stage 5
Volume here counts toward the points program.
OK: No KYC on either legExtended No · Aster No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0751%/8h × 21 periods−$157.79

Price spread+0.025% → +0.119% (7d avg)−$9.36

Slippage, 4 orderslive order books−$398.70

Fee Extended bp × 2 orders−$5.00

Fee Aster bp × 2 orders−$8.00

Net · 7 days · $10k−$578.85

Costs to cover4.117%Break-evennever at this rate

Slippage: Extended: live order book, 4 min ago; Aster: live order book, 8 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGExtended4.4417.3 bp−$17119.0 bp−$1,190doesn’t fitdoesn’t fit

SELL · SHORTAster25.68332.6 bp−$333doesn’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