OPENAI

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCOPENAI_USDT	1,400.1	+0.0050	pay 0.0050% / 8h	6h 44m	$2.4M	$230K	50x	Long MEXC
SHORT	Ondo PerpsOPENAI-USD.P	1,424.6	+0.0001	0.0000% / 1h	44m 29s	$286K	$59K	3x	Short Ondo Perps5% off

Price gap+1.748%

Funding gap−0.0049% /8h

The gap pays +$45 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 30 days.

If you open now and hold

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

Funding−$11−0.0049% /8h now · paid −0.107% over the last 7D

Price+$45spread +1.748% now, avg +1.299% → +0.449% if it goes back

Costs−$1251.250% of $10k · taker + slippage, in and out

Result−$91−0.91%+ Points / potential airdropOndo Perps: 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+1.748%

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 · 4 to watch

Watch: Thin at this size5.3 / 100.7 bp
At $10k entering Ondo Perps costs 100.7 bp, fee and slippage, 18.9× MEXC’s.
Note: Margin at max leverage$200 + $3,333
MEXC 50x, Ondo Perps 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$1.48Long MEXC: 3 payments, −$1.50; short Ondo Perps: 24 payments, +$0.02.
OK: Entry gap works for you+1.748% vs +1.299%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$286K vs $2.4M OI
Ondo Perps sets your exit cost. Check its book before closing.
OK: Points on a legOndo Perps points
Volume here counts toward the points program.
Watch: KYCMEXC Yes · Ondo Perps No
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0051%/8h × 21 periods−$10.70

Price spread+1.748% → +1.299% (7d avg)+$44.86

Slippage, 4 orderslive order books−$116.01

Fee MEXC bp × 2 orders−$4.00

Fee Ondo Perps bp × 2 orders−$5.00

Net · 7 days · $10k−$90.86

Costs to cover1.250%Break-evennever at this rate

Slippage: MEXC: live order book, 2 min ago; Ondo Perps: live order book, 13 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC0.255.3 bp−$55.8 bp−$58doesn’t fitdoesn’t fit

SELL · SHORTOndo Perps10.52100.7 bp−$101260.3 bp−$2,603doesn’t fitdoesn’t fit

Closing costs about the same again.

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 ↗