Question 1

Which exchange has the highest EWZ funding rate right now?

Accepted Answer

trade[XYZ] shows the highest EWZ funding at +11.82% annualized. A high positive rate means shorts get paid, so this is the venue to short EWZ when running a funding-arbitrage pair. Rates change every settlement window — check the live screener for the current value.

Question 2

Which exchange is best to long EWZ for funding?

Accepted Answer

Crypto.com has the lowest EWZ funding at -233.80% annualized, which makes the long leg cheapest (or paid). Pair it with the highest-funding venue to capture the spread delta-neutral.

Question 3

What is the best EWZ funding-arbitrage pair?

Accepted Answer

The widest spread is long Crypto.com / short trade[XYZ] at about 245.6% APR before costs. Verify it in the ORBIT backtester, which subtracts real fees and slippage, before sizing a position.

Question 4

How often does EWZ funding settle?

Accepted Answer

EWZ funding settles on different schedules by venue (1h, 8h). Longer intervals concentrate the same annualized rate into fewer, larger payments. ORBIT normalizes every venue to a common APR so they are directly comparable.

Question 5

Is EWZ funding positive or negative?

Accepted Answer

EWZ funding is mixed across venues, ranging -233.80% to +11.82% APR — which is exactly what creates the cross-exchange arbitrage opportunity.

Question 6

What is the current EWZ perpetual swap funding rate?

Accepted Answer

The current EWZ perpetual swap funding rate ranges from -233.80% to +11.82% annualized depending on the exchange — Crypto.com is lowest and trade[XYZ] is highest right now. There is no single EWZ funding rate: every venue runs its own funding formula and order book, which is why the rate has to be read by exchange rather than as one number.

Question 7

What is the aggregated EWZ funding rate across exchanges?

Accepted Answer

Aggregated across the 17 venues ORBIT tracks, EWZ funding currently spans -233.80% to +11.82% APR, a spread of 245.6 percentage points. An aggregated average hides the part that matters for trading — the gap between the cheapest and dearest venue — so the table above lists each exchange separately.

Question 8

How do I read the EWZ 8h funding rate versus the annualized rate?

Accepted Answer

Venues that settle EWZ every 8 hours quote the per-payment rate, which is charged three times a day. Multiply an 8h rate by 3 to get the daily figure and by 1,095 to annualize it. ORBIT converts every venue — 1h, 4h and 8h alike — to a common APR so an 8h rate and a 1h rate can be compared directly.

Exchange	Funding APR↓	Interval	Open Interest↕	Mark Price↕
trade[XYZ]Best Short	+11.82%	1h	$1.6M	$37.571
Bitunix	+4.10%	8h	—	$37.6
KuCoin	+1.10%	8h	$42K	$37.57
Hotcoin	+0.48%	8h	$53K	$37.54
Bybit	+0.00%	8h	$365K	$37.6
OKX	+0.00%	8h	$116K	$37.59
Bitget	+0.00%	8h	$108K	$37.585
Gate.io	+0.00%	8h	$51K	$37.56
HTX	+0.00%	8h	$5K	$37.6
MEXC	+0.00%	8h	$550K	$37.55
Aster	+0.00%	8h	$0K	$37.5468
grvt	+0.00%	8h	$0K	$37.5695
Variational	+0.00%	8h	$37K	$37.5228
Toobit	+0.00%	8h	$60K	$37.5
LBank	+0.00%	8h	—	$37.55
WEEX	-10.19%	8h	$9.8M	$37.57
Crypto.comBest Long	-233.80%	1h	$2K	$37.45

EWZ Perpetual Swap Funding Rate by Exchange

How EWZ funding actually paid this week

Funding Rates by Exchange

Funding Rates by Exchange

EWZ funding rates explained

Frequently asked questions