EWZ (iShares MSCI Brazil ETF) perpetual futures
EWZ (iShares MSCI Brazil ETF) perpetuals trade on 12 markets. 24h volume $2.72M, open interest $3.11M. Best funding APR +82.78% on gravitymarkets. Cheapest $100k execution (24h median): 59.38 bps on bitget.
Funding rates by venue
Live funding rate, price, liquidity and the funding actually paid over the last 24 hours, 7 and 30 days for EWZ (iShares MSCI Brazil ETF) on every venue we track.
| Exchange | Symbol | Price | 24h volume | Open interest | Funding / interval | Funding APR | Paid 24h | Paid 7d | Paid 30d |
|---|---|---|---|---|---|---|---|---|---|
| bingx | NCSKEWZ2USD-USDT | 38.22 | $1.23M | $925.3K | 0.0050% | +5.48% | +0.0945% | +0.2512% | +0.9250% |
| kucoin | EWZUSDTM | 38.17 | $774.3K | $20.0K | 0.0100% | +10.95% | +0.1565% | +0.1723% | +0.4109% |
| binance | EWZUSDT | 38.22 | $246.5K | $294.0K | 0.0000% | +0.00% | +0.0979% | +0.0629% | +0.3418% |
| gravitymarkets | EWZ_USDT_Perp | 38.22 | $158.0K | $220.79 | 0.0756% | +82.78% | +0.1163% | +0.0594% | +0.5389% |
| trade_xyz | xyz:EWZ | 38.21 | $86.5K | $595.8K | 0.0039% | +34.44% | +0.0578% | +0.3645% | +0.5906% |
| mexc | EWZ_USDT | 38.20 | $81.5K | $726.3K | 0.0000% | +0.00% | +0.0976% | +0.0642% | +0.3429% |
| okx | EWZ-USDT-SWAP | 38.23 | $59.6K | $125.2K | 0.0000% | +0.00% | +0.0110% | +0.0110% | +0.0992% |
| bybit | EWZUSDT | 38.19 | $42.7K | $165.9K | 0.0000% | +0.00% | +0.0000% | +0.0000% | — |
| bitget | EWZUSDT | 38.21 | $27.8K | $84.4K | 0.0000% | +0.00% | +0.0000% | +0.0706% | +0.0708% |
| gateio | EWZ_USDT | 38.14 | $11.2K | $61.0K | 0.0000% | +0.00% | +0.0000% | +0.0000% | +0.0820% |
| variational | EWZ | 38.21 | $3.8K | $95.0K | 0.0000% | +0.00% | — | — | — |
| asterdex | EWZUSDT | 38.22 | $50.05 | $17.6K | 0.0000% | +0.00% | +0.0000% | +0.0000% | +0.1381% |
Funding spread across venues
Across 12 venues the funding APR on EWZ (iShares MSCI Brazil ETF) runs from +0.00% on binance to +82.78% on gravitymarkets. The gap between them is 82.78 percentage points a year: that is what a delta-neutral position would collect before fees, holding long on the venue that pays and short on the venue that charges. Over the last 30 days the largest amount actually settled was +0.9250% of position size on bingx.
Liquidity
Across the venues listed above EWZ (iShares MSCI Brazil ETF) shows $2.72M of 24h volume and $3.11M of open interest. The deepest venue by 24h volume is bingx at $1.23M.
Execution cost
The cheapest venue to open a $100k position in EWZ (iShares MSCI Brazil ETF), measured as the 24h median of the full cost including taker fee and slippage, is bitget at 59.38 bps. Funding only pays off once the cost of getting in and out is covered, so this number belongs next to the APR above.
What the funding rate on EWZ (iShares MSCI Brazil ETF) means
A perpetual future on EWZ (iShares MSCI Brazil ETF) has no expiry, so venues use a funding payment to keep its price tied to spot. When the perp trades above spot, longs pay shorts; when it trades below, shorts pay longs. The rate shown per venue is the share of position size paid at each settlement, and the APR is that share annualised over the venue's own interval. Venues settle EWZ (iShares MSCI Brazil ETF) on different schedules: 1h, 8h.
Because every venue computes its own rate from its own order book, the same asset can pay very differently in the same hour. The "paid" columns show what was actually settled rather than what is quoted now, which is the honest way to judge whether a EWZ (iShares MSCI Brazil ETF) position earned or cost money.
Frequently asked questions
What is the funding rate on EWZ (iShares MSCI Brazil ETF) right now?
Across 12 venues the funding APR on EWZ (iShares MSCI Brazil ETF) runs from +0.00% on binance to +82.78% on gravitymarkets. The gap between them is 82.78 percentage points a year: that is what a delta-neutral position would collect before fees, holding long on the venue that pays and short on the venue that charges. Over the last 30 days the largest amount actually settled was +0.9250% of position size on bingx.
Which venue has the most liquid EWZ (iShares MSCI Brazil ETF) perpetual?
Across the venues listed above EWZ (iShares MSCI Brazil ETF) shows $2.72M of 24h volume and $3.11M of open interest. The deepest venue by 24h volume is bingx at $1.23M.
How often is funding paid on EWZ (iShares MSCI Brazil ETF)?
Venues settle EWZ (iShares MSCI Brazil ETF) on different schedules: 1h, 8h.
Data generated at 2026-09-22T00:08:10Z. Live numbers load on this page automatically.