Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 32.440 | 0 | 0.0000% / 8h | 7m 37s | $2.0M | $587K | 20x | Long KuCoin | |
| SHORT | 32.389 | 0 | 0.0000% / 8h | 7m 37s | $146K | $137K | 20x | Short Variational Omni+15% pts |
Price gap−0.158%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.094% under its 7d average: the price leg works against you, −$9 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$10.0000% /8h now · paid +0.015% over the last 7D
Price−$9spread −0.158% now, avg −0.064% → −0.094% if it goes back
Costs−$1531.531% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / 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−0.158%
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
/8hEWZ on 19 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size19.0 / 54.8 bpAt $10k entering Variational Omni costs 54.8 bp, fee and slippage, 2.9× KuCoin’s.
- Note: Margin at max leverage$500 + $500KuCoin 20x, Variational Omni 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long KuCoin: 3 payments, $0.00; short Variational Omni: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.158% vs −0.064%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$146K vs $2.0M OIVariational Omni sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- Watch: KYCKuCoin Yes · Variational Omni NoStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0007%/8h × 21 periods+$1.48
Price spread−0.158% → −0.064% (7d avg)−$9.36
Slippage, 4 orderslive order books−$141.06
Fee KuCoin bp × 2 orders−$12.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$160.94
Costs to cover1.531%Break-even768.2 days
Slippage: KuCoin: live order book, 5 min ago; Variational Omni: RFQ quote, 37 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin3.0919.0 bp−$19doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTVariational Omni8.8054.8 bp−$5595.8 bp−$958doesn’t fitdoesn’t fit
Closing costs about the same again.
EWZ news
posts that mention EWZ, from every exchange| 11-06 04:20 | RISEx | Listing | October vs September, it is up across all metrics: • Total volume: $14.63B (+33%) • Peak 24h volume: $258M (+68%) • RWA volume: $3.65B (+45%) • Peak open interest: $87.4M (+22%) • Active accounts: 13,126 (+12%) • Peak daily active users: 3,902 (+22%) • Fees: $3.57M (+23%) • Average trader size: $970 13 new listings: 6 RWA and 7 crypto RWA: $GOOGL $META $SOXL $LLY $CRWV $EWZ Crypto: $XMR $ENA $ZRO $WLD $MON $STRK $CHIP Together, they have done $164M in volume since listing. Also in October: • TWAP and Scale orders shipped • $MU dividend paid out to holders • Impact Pool: 5 rounds with $900M+ in crossing volume and 440+ big traders rewarded • Kingmaker Cup: Groups B and C kicked off • Community meetups and Trader private dinners at KBW and TOKEN2049 Thank you everyone To higher highs next month! @risextrade on X ↗ |
| 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 |


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