EWZ

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Variational OmniEWZ	37.028	−1.4643	get 1.4643% / 8h	7h 58m	$111K	$435K	20x	Long Variational Omni+15% pts
SHORT	BingXNCSKEWZ2USD-USDT	34.620	−0.5000	pay 0.5000% / 8h	7h 58m	$925K	$8.1M	—	Short BingX

Price gap−6.502%

Funding gap+0.9643% /8h

Funding pays +$289 a day on $10k, but the gap is 6.599% under its 7d average: −$660 if it goes back, about 2.3 days of funding. At the last 7 days' pace that is about 7 months.

If you open now and hold

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

Funding+$23+0.9643% /8h now · paid +0.235% over the last 7D

Price−$660spread −6.502% now, avg +0.097% → −6.599% if it goes back

Costs−$2112.108% of $10k · taker + slippage, in and out

Result−$847−8.47%+ Points / potential airdropVariational Omni: 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 +0.235% in total, about +0.0112%/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−6.502%

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 size89.5 / 17.9 bp
At $10k entering Variational Omni costs 89.5 bp, fee and slippage, 5.0× BingX’s.
Note: Margin at max leverage$500 + —
Variational Omni 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$289.28Long Variational Omni: 3 payments, +$439.28; short BingX: 3 payments, −$150.00.
Watch: Gap narrower than usual−6.502% vs +0.097%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$111K vs $925K OI
Variational Omni sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points
Volume here counts toward the points program.
Watch: KYCVariational Omni No · BingX Yes
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0112%/8h × 21 periods+$23.48

Price spread−6.502% → +0.097% (7d avg)−$659.93

Slippage, 4 orderslive order books−$200.78

Fee Variational Omni bp × 2 orders$0.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k−$847.23

Costs to cover2.108%Break-even259.6 days

Slippage: Variational Omni: RFQ quote, 14 min ago; BingX: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGVariational Omni7.9689.5 bp−$89166.7 bp−$1,667doesn’t fitdoesn’t fit

SELL · SHORTBingX6.7117.9 bp−$1863.2 bp−$632240.9 bp−$24.1Kdoesn’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