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iShares MSCI Japan ETF (EWJ) Perpetual Futures

iShares MSCI Japan ETF (EWJ) Perpetual Futures — Live Data

Market Overview

EWJ tracks the MSCI Japan Index, providing USD-denominated exposure to large and mid-cap Japanese equities across technology, industrials, financials, and consumer sectors. EWJ perpetual futures combine Japanese equity market direction with USD/JPY currency dynamics, as yen movement significantly affects the dollar-denominated returns of Japanese stocks for foreign investors. The Bank of Japan's yield curve control and rate normalization policies have been major drivers of EWJ price action since 2023.

EWJ Perps Data — ETFs/Indices Category

Trading Tips for iShares MSCI Japan ETF Perps

EWJ returns for USD-based traders are a combination of Japanese equity performance and JPY/USD exchange rate movements. BoJ rate decisions and yield curve control policy changes are the single most important EWJ catalysts — sudden JPY appreciation compresses EWJ even when Japanese stocks rise in local terms. Monitor BoJ meeting outcomes and USDJPY direction together when trading EWJ perps.

Where to Trade iShares MSCI Japan ETF (EWJ) Perpetual Futures

iShares MSCI Japan ETF (EWJ) perpetual futures are available on 2 exchanges. Compare fees, leverage, and features below to find the best platform for trading EWJ perps.

Hyperliquid logo
Hyperliquid
Hyperliquid L1
Maker Fee
0.015%
Taker Fee
0.045%
Max Leverage
50x
Rating
9.2/5
Maker Fee
0.010%
Taker Fee
0.020%
Max Leverage
100x
Rating
7.8/5

Frequently Asked Questions — iShares MSCI Japan ETF (EWJ)

What is the current EWJ perpetual futures funding rate?
The live iShares MSCI Japan ETF (EWJ) funding rate is shown above, updated every 2 minutes. Funding rates are displayed as annualized percentages for each exchange listing EWJ perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.
Which exchange has the lowest EWJ perp trading fees?
The cost comparison table above estimates total trading costs (maker/taker fees plus slippage) for a $100,000 EWJ perpetual futures trade across all major exchanges. Compare fees for EWJ perps on both centralized and decentralized platforms to find the most cost-effective venue.
How does iShares MSCI Japan ETF open interest compare across exchanges?
iShares MSCI Japan ETF (EWJ) open interest is broken down by exchange in the chart above, showing the total value of outstanding EWJ derivative contracts on each platform. Rising open interest indicates new capital entering the market, while declining OI suggests positions are being closed.
What does the EWJ long/short ratio indicate?
The iShares MSCI Japan ETF long/short ratio shows the balance between traders betting on price increases (longs) versus decreases (shorts) across exchanges. An extreme ratio in either direction can signal potential reversals as crowded positioning often leads to liquidation cascades.
How can I trade iShares MSCI Japan ETF index perpetual futures?
iShares MSCI Japan ETF index perps are available on decentralized exchanges like Hyperliquid and dYdX. Create an account, deposit USDC or USDT as collateral, and open a long or short position with your desired leverage. Index perps trade 24/7, so you can react to market-moving events outside traditional trading hours.
Where can I trade EWJ perpetual futures?
iShares MSCI Japan ETF (EWJ) perps are currently listed on 2 exchanges. See the "Where to Trade" section above for a full comparison of fees, leverage limits, and direct trading links for each platform.

Category: ETFs/Indices · Data updates every 2 minutes · All rates shown are annualized