OPENAI

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	LighterOPENAI	1,485.5	+0.0008	pay 0.0001% / 1h	39m 58s	$1.4M	$145K	5x	Long Lighter7d free
SHORT	Kraken FuturesPF_OPENAIXUSD	1,398.6	+0.0050	get 0.0006% / 1h	39m 58s	$70K	$13K	5x	Short Kraken Futures

Price gap−5.850%

Funding gap+0.0042% /8h

Funding pays +$1 a day on $10k, but the gap is 5.850% under zero (no 7-day history yet): −$585 if it goes back, about 15 months of funding. At the last 7 days' pace that is about years.

If you open now and hold

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

Funding+$4+0.0042% /8h now · paid +0.042% over the last 7D

Price—spread −5.850% now · no price history on both exchanges yet

Costsno datano order book for Kraken Futures

Result, before costs—+ Points / potential airdropLighter: Season 3 · farm boardneeds both price histories

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−5.850%

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

OPENAI on 26 exchanges

lowest funding first

Before you open

2 ok · 2 to watch

Note: Order book unknown—
No order-book sample for Kraken Futures: its slippage is not counted.
Note: Margin at max leverage$2,000 + $2,000
Lighter 5x, Kraken Futures 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$1.26Long Lighter: 24 payments, −$0.24; short Kraken Futures: 24 payments, +$1.50.
Note: No 7-day spread history−5.850%
The gap cannot be compared with its average yet.
Watch: Short leg is thinner$70K vs $1.4M OI
Kraken Futures sets your exit cost. Check its book before closing.
OK: Points on a legLighter Season 3
Volume here counts toward the points program.
Watch: KYCLighter No · Kraken Futures Yes
Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0020%/8h × 21 periods+$4.18

Price spread−5.850% → 0−$584.98

Slippage, 4 ordersno data for Kraken Futures—

Fee Lighter bp × 2 orders$0.00

Fee Kraken Futures bp × 2 orders−$10.00

Net, fees only · 7 days · $10k−$590.80

Costs to cover0.100%Break-even997.0 days

Slippage: Lighter: live order book, 1 min ago; Kraken Futures: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGLighter0.642.7 bp−$3151.2 bp−$1,512doesn’t fitdoesn’t fit

SELL · SHORTKraken Futures—————

Closing costs about the same again.
Kraken Futures: no data.

OPENAI news

posts that mention OPENAI or OpenAI, from every exchangeSearch all news →

10-24 19:20	Kalshi	Other	JUST IN: UK partners with OpenAI, Anthropic, and Google to launch AI lab focused on preventing biological threats @Kalshi on X ↗
10-23 22:30	Markets by Kinetiq	Other	OpenAI's pre-IPO price is down 10% this month while Anthropic's is down 7%. China's Moonshot says its Kimi K3.1 Pro matches Claude Opus 5.5 on Terminal-Bench for about a third of the cost. @Markets_xyz on X ↗
10-23 19:45	Kalshi	Other	JUST IN: OpenAI to train frontier models without internet access @Kalshi on X ↗
10-23 12:45	Kalshi	Other	JUST IN: Wall Street urges Anthropic and OpenAI to go public by the year's end @Kalshi on X ↗
10-22 20:22	Kalshi	Other	JUST IN: OpenAI nears $30 billion funding round at $1.25 trillion valuation @Kalshi on X ↗
10-21 18:00	Kalshi	Other	JUST IN: OpenAI to sell its frontier models, including GPT-6 Astra, and Codex through Google Cloud, per Reuters @Kalshi on X ↗