EWZ perps: where to trade MSCI Brazil ETF perpetual futures
8 tracked venues list EWZ perps.
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The cheapest place to trade EWZ perps right now is Binance (EWZUSDT): 20.58 bps all-in for a $10,000 market buy at the standard taker fee, measured 02:23 UTC on 2026-10-03.
The next two venues are trade.xyz 23.60 bps and Bitget 25.65 bps. 7 of 8 EWZ markets gave a measured cost.
The Binance fee in this cost is a promotion for every account. Binance can end it.
EWZ perps list on 8 tracked venues: 6 centralized exchanges, 1 Hyperliquid HIP-3 deployment, 1 other decentralized venues.
Maximum EWZ leverage runs from 20x on Aster (EWZUSDT) to 50x on MEXC (EWZ_USDT).
Measured EWZ cost for a $10,000 buy
- Binance20.58
- trade.xyz23.60
- Bitget25.65
- Bybit45.66
- OKX60.93
- Aster65.66
- Gate77.93
EWZ funding and open interest
Funding now runs from 0.0% a year on Aster to 37.8% on trade.xyz, across 8 EWZ markets. A positive rate means that longs pay shorts.
8 EWZ markets report open interest, $5.3 million in total. trade.xyz holds 71% of it ($3.8 million).
Where to trade MSCI Brazil ETF perpetual futures
| Venue | Market | Max leverage | Funding now | Annual rate now | 7-day mean, annual | Open interest | Book cost (bps) | Taker fee | All-in (bps) | Promo rate, eligible accounts |
|---|---|---|---|---|---|---|---|---|---|---|
| Binance | EWZUSDT | 20x | 0.0000% / 8 h | 0.0% | +0.8% | $332K | 16.58 | 0.040% (docs, promotion for all accounts) | 20.58 | — |
| trade.xyz | xyz:EWZ | 20x | +0.0043% / 1 h | +37.8% | +22.3% | $3.8M | 22.70 | 0.0090% (API, live) | 23.60 | — |
| Bitget | EWZUSDT | 20x | 0.0000% / 8 h | 0.0% | 0.0% | $79K | 19.65 | 0.060% (API) | 25.65 | — |
| Bybit | EWZUSDT | 25x | 0.0000% / 8 h | 0.0% | 0.0% | $357K | 42.91 | 0.028% (docs, promotion for all accounts) | 45.66 | — |
| OKX | EWZ-USDT-SWAP | 20x | 0.0000% / 8 h | 0.0% | −0.5% | $122K | 55.93 | 0.050% (docs) | 60.93 | — |
| Aster | EWZUSDT | 20x | 0.0000% / 8 h | 0.0% | 0.0% | $256 | 64.41 | 0.013% (docs) | 65.66 | — |
| Gate | EWZ_USDT | 20x | 0.0000% / 8 h | 0.0% | 0.0% | $55K | 70.43 | 0.075% (API) | 77.93 | — |
| MEXC | EWZ_USDT | 50x | 0.0000% / 8 h | 0.0% | +0.8% | $568K | 21.82 | Not stated for all accounts | — | 0.000% = 21.82 bps (eligible accounts, source, 2026-09-25) |
Method: a $10,000 EWZ market buy fills against each public EWZ book.
The EWZ book cost is that fill price against the mid, in bps. The EWZ all-in cost adds the standard taker fee that every new account gets.
A EWZ promo rate that only eligible accounts get is shown in its own column and is never ranked.
A EWZ book price does not prove that the venue accepts EWZ orders at that time, so check the EWZ hours table.
Annual EWZ funding is the rate per hour times 8,760, with no compounding. The EWZ markets come from venue APIs read on 2026-09-25.
EWZ trading hours and price source by venue
| Venue | Market | Hours | Price source |
|---|---|---|---|
| Aster | EWZUSDT | 24/7, 5% band off-hours | Several, with Pyth |
| Binance | EWZUSDT | 24/7, book EWMA weekends | Unnamed data vendors |
| Bitget | EWZUSDT | 24/7, book EMA off-hours | Pyth, dxFeed, Massive, Intrinio |
| Bybit | EWZUSDT | 24/7 | Index with Pyth |
| Gate | EWZ_USDT | Index holds last close | Paid feeds, crypto venues |
| MEXC | EWZ_USDT | Varies, no trades closed | Not named in docs |
| OKX | EWZ-USDT-SWAP | 24/7 book, anchored weekends | Several providers |
| trade.xyz | xyz:EWZ | 24/7, bounded off-hours | Relayer, Blue Ocean ATS |
Find your liquidation price with the liquidation price calculator for EWZ. Compare all tickers on the stock perps hub. Read how trade.xyz lists EWZ on Hyperliquid.
Where to Trade iShares MSCI Brazil ETF (EWZ) Perpetual Futures
Fees and leverage limits apply venue-wide; check EWZ terms with the venue.
iShares MSCI Brazil ETF (EWZ) market overview
EWZ is the iShares MSCI Brazil ETF, dominated by commodity, financial, and energy names. EWZ perpetual futures offer 24/7 exposure to Brazilian equities, the real, and emerging-market commodity sentiment.
Frequently Asked Questions — iShares MSCI Brazil ETF (EWZ)
What open interest data is available for EWZ?
1 venue report positive EWZ open interest in this read.
The EWZ total leaves out venues outside the read.
How does an iShares MSCI Brazil ETF perpetual futures contract differ from the underlying asset?
An iShares MSCI Brazil ETF perpetual tracks the iShares MSCI Brazil ETF price, with no expiry date and no ownership of iShares MSCI Brazil ETF.
Check each venue for iShares MSCI Brazil ETF trading hours and the price source.
Category: ETFs/Indices