EWZ Funding Rate — live across 8 venues
Compared across 8 supported venues · net of estimated fees · updated every few minutes
Live annualized EWZ perpetual funding across all 8 venues Perpia tracks. Right now EWZ funding is positive on 6 and negative on 0, ranging from +147.4% on KuCoin to +0.0% on Bitget — a spread of 147.4%. The widest delta-neutral trade is long Bybit / short KuCoin at 142.4% net APR.
EWZ funding trend & liquidity
98h of historyAverages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.
EWZ funding rate by venue
16 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| KuCoin↗ | +147.4% | 8h |
| MEXC↗ | +84.3% | 8h |
| Hyperliquid↗ | +82.0% | 1h |
| trade.xyz↗ | +76.7% | 1h |
| Variational↗ | +54.3% | 8h |
| OKX↗ | +20.6% | 8h |
| Bybit↗ | +0.0% | 8h |
| Bitget↗ | +0.0% | 8h |
Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Bybit vs KuCoin page.
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EWZ funding — FAQ
Is EWZ funding positive right now?
EWZ perpetual funding is positive on 6 of 8 venues Perpia tracks. The highest is +147.4% on KuCoin; the lowest is +0.0% on Bitget.
What is the best EWZ funding arbitrage right now?
Go long Bybit and short KuCoin for about 142.4% net APR after fees — the widest delta-neutral EWZ spread Perpia currently sees.
Which exchange has the highest EWZ funding rate?
KuCoin, at +147.4% annualized. Funding shifts continuously, so check the live table above before trading.
How EWZ funding arbitrage works
Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.
Markets related to EWZ
Markets also quoted on both Bybit and KuCoin — the same two exchanges you would already have funded for the EWZ trade.
See every spread between them on the Bybit vs KuCoin page.