EWZ

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Kraken FuturesPF_EWZUSD	33.086	+0.0056	pay 0.0007% / 1h	57m 19s	$8K	$99K	20x	Long Kraken Futures
SHORT	Variational OmniEWZ	33.024	0	0.0000% / 8h	57m 19s	$191K	$1.1M	20x	Short Variational Omni+15% pts

Price gap−0.189%

Funding gap−0.0056% /8h

Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.189% under zero (no 7-day history yet). Swap the legs.

If you open now and hold

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

Funding—−0.0056% /8h now · no funding history yet

Price—spread −0.189% now · no price history on both exchanges yet

Costsno datano order book for Kraken Futures

Result, before costs—+ Points / potential airdropVariational Omni: points · farm boardneeds funding history

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−0.189%

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

1 ok · 3 to watch

Note: Order book unknown—
No order-book sample for Kraken Futures: its slippage is not counted.
Note: Margin at max leverage$500 + $500
Kraken Futures 20x, Variational Omni 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: −$1.67Long Kraken Futures: 24 payments, −$1.67; short Variational Omni: 3 payments, $0.00.
Note: No 7-day spread history−0.189%
The gap cannot be compared with its average yet.
Watch: Long leg is thinner$8K vs $191K OI
Kraken Futures sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points
Volume here counts toward the points program.
Watch: KYCKraken Futures Yes · Variational Omni No
Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earnedno history yet: current rate−$11.70

Price spread−0.189% → 0−$18.89

Slippage, 4 ordersno data for Kraken Futures—

Fee Kraken Futures bp × 2 orders−$10.00

Fee Variational Omni bp × 2 orders$0.00

Net, fees only · 7 days · $10k−$40.59

Costs to cover0.100%Break-evennever at this rate

Slippage: Kraken Futures: no order-book sample; Variational Omni: RFQ quote, 1 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGKraken Futures—————

SELL · SHORTVariational Omni5.5041.6 bp−$4272.0 bp−$720doesn’t fitdoesn’t fit

Closing costs about the same again.
Kraken Futures: no data.

EWZ news

posts that mention EWZ, from every exchangeSearch all news →

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 $30.29 overnight, before Wall Street opened. @Markets_xyz on X ↗
10-21 11:27	Kraken Futures	Listing	new market PF_EWZUSD ($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