PENG

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKPENG2USD-USDT	58.780	−0.0050	get 0.0050% / 8h	2h 25m	$933K	$1.3M	—	Long BingX
SHORT	Variational OmniPENG	59.311	0	0.0000% / 8h	2h 25m	$25K	$274K	20x	Short Variational Omni+15% pts

Price gap+0.903%

Funding gap+0.0050% /8h

Both sides work: funding pays +$2 a day on $10k, and the gap is 1.032% above its 7d average: +$103 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$3+0.0050% /8h now · paid +0.028% over the last 7D

Price+$103spread +0.903% now, avg −0.130% → +1.032% if it goes back

Costs−$1891.891% of $10k · taker + slippage, in and out

Result−$83−0.83%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.903%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PENG on 14 exchanges

lowest funding first

Before you open

3 ok · 3 to watch

Watch: Thin at this size25.0 / 83.5 bp
At $10k entering Variational Omni costs 83.5 bp, fee and slippage, 3.3× BingX’s.
Note: Margin at max leverage— + $500
BingX —, Variational Omni 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$1.50Long BingX: 3 payments, +$1.50; short Variational Omni: 3 payments, $0.00.
OK: Entry gap works for you+0.903% vs −0.130%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$25K vs $933K OI
Variational Omni sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points
Volume here counts toward the points program.
Watch: KYCBingX Yes · Variational Omni No
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0013%/8h × 21 periods+$2.81

Price spread+0.903% → −0.130% (7d avg)+$103.23

Slippage, 4 orderslive order books−$179.12

Fee BingX bp × 2 orders−$10.00

Fee Variational Omni bp × 2 orders$0.00

Net · 7 days · $10k−$83.08

Costs to cover1.891%Break-even213.8 days

Slippage: BingX: live order book, 11 min ago; Variational Omni: RFQ quote, 7 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX4.2025.0 bp−$2560.4 bp−$604242.3 bp−$24.2K726.0 bp−$363.0K

SELL · SHORTVariational Omni2.6383.5 bp−$83146.9 bp−$1,469doesn’t fitdoesn’t fit

Closing costs about the same again.

PENG news

posts that mention PENG, from every exchangeSearch all news →

10-16 19:21	Variational Omni	Listing	Penguin Solutions $PENG perps are now live with zero fees and up to 20x leverage. @variational_io on X ↗
10-16 14:05	Variational Omni	Listing	new market PENG ($PENG) seen by our collector
10-15 01:05	edgeX	Listing	PENGUSDC no longer reported ($PENG) seen by our collector
10-14 09:00	KuCoin	Listing	new market PENGUSDTM ($PENG) seen by our collector
10-07 17:31	Vest Markets	Other	Trade $PENG post-earnings volatility with a Vest Capital funded account. Access up to $25k in trading capital at: @VestExchange on X ↗
10-07 17:31	Vest Markets	Other	Penguin Solutions reported Q4 results after yesterday's close, with $PENG up around 13% on the session. → Net sales: $567M vs. $519.9M expected, up 68% YoY → Non-GAAP EPS: $1.00 vs. $0.77 expected → FY27 net sales outlook: ~$2.43B at the midpoint, from a $2.17B preliminary view Non-hyperscale AI infrastructure and memory made up 78% of quarterly net sales, growing 141% year over year. $PENG added six AI infrastructure data center customers in the quarter, four of them neoclouds, including a 36,000-GPU build in Norway. @VestExchange on X ↗