PENG

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Variational OmniPENG	59.044	0	0.0000% / 8h	3h 14m	$29K	$269K	20x	Long Variational Omni+15% pts
SHORT	BinancePENGUSDT	58.860	0	0.0000% / 8h	3h 14m	$454K	$3.3M	10x	Short Binance

Price gap−0.312%

Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.427% under its 7d average: the price leg works against you, −$43 on $10k if it goes back.

If you open now and hold

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

Funding+$30.0000% /8h now · paid +0.030% over the last 7D

Price−$43spread −0.312% now, avg +0.115% → −0.427% if it goes back

Costs−$2001.999% of $10k · taker + slippage, in and out

Result−$240−2.40%+ 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−0.312%

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

2 ok · 4 to watch

Watch: Thin at this size73.1 / 44.1 bp
At $10k entering Variational Omni costs 73.1 bp, fee and slippage, 1.7× Binance’s.
Note: Margin at max leverage$500 + $1,000
Variational Omni 20x, Binance 10x. 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: $0.00Long Variational Omni: 3 payments, $0.00; short Binance: 3 payments, $0.00.
Watch: Gap narrower than usual−0.312% vs +0.115%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$29K vs $454K 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: KYCVariational Omni No · Binance Yes
Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0014%/8h × 21 periods+$2.96

Price spread−0.312% → +0.115% (7d avg)−$42.66

Slippage, 4 orderslive order books−$191.93

Fee Variational Omni bp × 2 orders$0.00

Fee Binance bp × 2 orders−$8.00

Net · 7 days · $10k−$239.63

Costs to cover1.999%Break-even572.8 days

Slippage: Variational Omni: RFQ quote, 23 min ago; Binance: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGVariational Omni10.5073.1 bp−$73132.6 bp−$1,326doesn’t fitdoesn’t fit

SELL · SHORTBinance4.2544.1 bp−$44105.8 bp−$1,058doesn’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 ↗