EWZ

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	KuCoinEWZUSDTM	34.930	−1.4443	get 1.4443% / 8h	7h 56m	$942K	$2.7M	20x	Long KuCoin
SHORT	ExtendedEWZ-USD	40.448	−0.8216	pay 0.1027% / 1h	56m 37s	$229K	$639K	20x	Short Extended10% off

Price gap+15.797%

Funding gap+0.6227% /8h

Both sides work: funding pays +$187 a day on $10k, and the gap is 15.937% above its 7d average: +$1,594 more if it goes back.

If you open now and hold

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

Funding−$3+0.6227% /8h now · paid −0.025% over the last 7D

Price+$1,594spread +15.797% now, avg −0.140% → +15.937% if it goes back

Costs−$4274.267% of $10k · taker + slippage, in and out

Result+$1,164+11.64%+ Points / potential airdropExtended: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.025% in total, about −0.0012%/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+15.797%

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 size233.0 / 41.5 bp
At $10k entering KuCoin costs 233.0 bp, fee and slippage, 5.6× Extended’s.
Note: Margin at max leverage$500 + $500
KuCoin 20x, 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: +$186.81Long KuCoin: 3 payments, +$433.29; short Extended: 24 payments, −$246.48.
OK: Entry gap works for you+15.797% vs −0.140%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$229K vs $942K 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: KYCKuCoin Yes · Extended No
Standard KYC (ID and face check) for any product since Aug 2023.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0012%/8h × 21 periods−$2.55

Price spread+15.797% → −0.140% (7d avg)+$1,593.70

Slippage, 4 orderslive order books−$409.74

Fee KuCoin bp × 2 orders−$12.00

Fee Extended bp × 2 orders−$5.00

Net · 7 days · $10k+$1,164.40

Costs to cover4.267%Break-evenfrom the start

Slippage: KuCoin: live order book, 5 min ago; Extended: live order book, 18 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGKuCoin8.13233.0 bp−$233doesn’t fitdoesn’t fitdoesn’t fit

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