EWZ

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	QFEXEWZ-USD	32.480	0	0.0000% / 1h	49m 39s	$2.2M	$15.5M	10x	Long QFEX10% back
SHORT	RISExEWZ/USDC	32.525	0	0.0000% / 1h	49m 39s	$19K	$297K	20x	Short RISExInvite

Price gap+0.139%

Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.035% under its 7d average: the price leg works against you, −$4 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+$50.0000% /8h now · paid +0.051% over the last 2 days (all we have)

Price−$4spread +0.139% now, avg +0.174% → −0.035% if it goes back

Costs−$2,59525.950% of $10k · taker + slippage, in and out

Result−$2,593−25.93%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+0.139%

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

2 ok · 3 to watch

Watch: Thin at this size1290.1 / 4.5 bp
At $10k entering QFEX costs 1290.1 bp, fee and slippage, 284.3× RISEx’s.
Note: Margin at max leverage$1,000 + $500
QFEX 10x, RISEx 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: $0.00Long QFEX: 24 payments, $0.00; short RISEx: 24 payments, $0.00.
Watch: Gap narrower than usual+0.139% vs +0.174%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$19K vs $2.2M OI
RISEx sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legQFEX No · RISEx 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+0.0074%/8h × 21 periods+$15.47

Price spread+0.139% → +0.174% (7d avg)−$3.52

Slippage, 4 orderslive order books−$2,568.96

Fee QFEX bp × 2 orders−$20.00

Fee RISEx bp × 2 orders−$6.00

Net · 7 days · $10k−$2,583.01

Costs to cover25.950%Break-even1175.5 days

Slippage: QFEX: live order book, 3 min ago; RISEx: live order book, 38 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGQFEX1102.911290.1 bp−$1,290doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTRISEx1.544.5 bp−$59.6 bp−$96doesn’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