Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 59.160 | +0.0160 | pay 0.0020% / 1h | 23m 03s | $52K | — | 10x | Long Vest Markets+5% pts | |
| SHORT | 58.757 | 0 | 0.0000% / 8h | 2h 23m | $25K | $274K | 20x | Short Variational Omni+15% pts |
Price gap−0.681%
Funding gap−0.0160% /8h
Both sides work against this direction now: funding costs $5 a day on $10k and the gap is 0.681% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$35−0.0160% /8h now · paid −0.352% over the last 7D
Price—spread −0.681% now · no price history on both exchanges yet
Costsno datano order book for Vest Markets
Result, before costs—+ Points / potential airdropVest Markets: points · Variational Omni: points · farm boardneeds both price histories
Price and funding
1h · historyEntry / 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−0.681%
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
/8hPENG on 14 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for Vest Markets: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $500Vest Markets 10x, Variational Omni 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$4.80Long Vest Markets: 24 payments, −$4.80; short Variational Omni: 3 payments, $0.00.
- Note: No 7-day spread history−0.681%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$25K vs $52K OIVariational Omni sets your exit cost. Check its book before closing.
- OK: Points on a legVest Markets points · Variational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legVest Markets No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0168%/8h × 21 periods−$35.20
Price spread−0.681% → 0−$68.10
Slippage, 4 ordersno data for Vest Markets—
Fee Vest Markets bp × 2 orders−$2.00
Fee Variational Omni bp × 2 orders$0.00
Net, fees only · 7 days · $10k−$105.30
Costs to cover0.020%Break-evennever at this rate
Slippage: Vest Markets: no order-book sample; Variational Omni: RFQ quote, 10 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVest Markets—————
SELL · SHORTVariational Omni2.6383.5 bp−$83146.9 bp−$1,469doesn’t fitdoesn’t fit
Closing costs about the same again.
Vest Markets: no data.
| 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 ↗ |

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