EWZ

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	GateEWZ_USDT	32.550	0	0.0000% / 8h	6h 09m	$819K	$102K	20x	Long Gate
SHORT	QFEXEWZ-USD	32.480	0	0.0000% / 1h	9m 49s	$2.2M	$15.5M	10x	Short QFEX10% back

Price gap−0.215%

Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.021% under its 7d average: the price leg works against you, −$2 on $10k if it goes back.

If you open now and hold

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

Funding$00.0000% /8h now · paid 0.000% over the last 3 days (all we have)

Price−$2spread −0.215% now, avg −0.194% → −0.021% if it goes back

Costs−$2,66826.679% of $10k · taker + slippage, in and out

Result−$2,670−26.70%no pointsWhat the last 7D really paid, hour by hour → backtest

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−0.215%

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 19 exchanges

lowest funding first

Before you open

0 ok · 5 to watch

Watch: Thin at this size23.6 / 1295.8 bp
At $10k entering QFEX costs 1295.8 bp, fee and slippage, 54.9× Gate’s.
Note: Margin at max leverage$500 + $1,000
Gate 20x, QFEX 10x. 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: $0.00Long Gate: 3 payments, $0.00; short QFEX: 24 payments, $0.00.
Watch: Gap narrower than usual−0.215% vs −0.194%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$819K vs $2.2M OI
Gate sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCGate Yes · QFEX No
KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned0.0000%/8h × 21 periods+$0.02

Price spread−0.215% → −0.194% (7d avg)−$2.07

Slippage, 4 orderslive order books−$2,632.93

Fee Gate bp × 2 orders−$15.00

Fee QFEX bp × 2 orders−$20.00

Net · 7 days · $10k−$2,669.98

Costs to cover26.679%Break-even1181290.2 days

Slippage: Gate: live order book, 11 min ago; QFEX: live order book, 13 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGGate9.2123.6 bp−$24doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTQFEX1102.911295.8 bp−$1,296doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

EWZ news

posts that mention EWZ, from every exchangeSearch all news →

10-30 13:38	RISEx	Other	Trade them here: $EWZ: $CHIP: @risextrade on X ↗
10-30 13:38	RISEx	Listing	Two new markets on RISEx: $EWZ, the iShares MSCI Brazil ETF, at 20x. Most crypto traders barely had a way to trade Brazil $CHIP, the token of the protocol that lends against GPUs, at 5x. It is the AI debt trade onchain @risextrade on X ↗
10-28 16:47	QFEX	Listing	new market EWZ-USD ($EWZ) seen by our collector
10-28 09:24	RISEx	Listing	new market EWZ/USDC ($EWZ) seen by our collector
10-28 07:17	TxFlow	Listing	new market EWZ-USDC ($EWZ) seen by our collector
10-26 15:00	Markets by Kinetiq	Other	Lula won Brazil's runoff with 51.8%. Prediction markets had Bolsonaro above 75% on Friday. MSCI Brazil ($EWZ) was $45.40 on when polls closed Sunday. It hit $30.29 overnight, before Wall Street opened. @Markets_xyz on X ↗

EWZ