OPENAI

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Ondo PerpsOPENAI-USD.P	1,419.9	+0.0001	0.0000% / 1h	52m 18s	$289K	$22K	3x	Long Ondo Perps5% off
SHORT	Entropyio:OAI	1,424.2	+0.0101	get 0.0013% / 1h	52m 18s	$7.1M	$982K	6x	Short Entropy

Price gap+0.303%

Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.072% above its 7d average: +$7 more if it goes back.

If you open now and hold

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

Funding+$12+0.0100% /8h now · paid +0.120% over the last 7D

Price+$7spread +0.303% now, avg +0.231% → +0.072% if it goes back

Costs−$1401.403% of $10k · taker + slippage, in and out

Result−$121−1.21%+ 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+0.303%

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

4 ok · 2 to watch

Watch: Thin at this size15.2 / 36.1 bp
At $10k entering Entropy costs 36.1 bp, fee and slippage, 2.4× Ondo Perps’s.
Note: Margin at max leverage$3,333 + $1,667
Ondo Perps 3x, Entropy 6x. 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: +$3.01Long Ondo Perps: 24 payments, −$0.02; short Entropy: 24 payments, +$3.03.
OK: Entry gap works for you+0.303% vs +0.231%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$289K vs $7.1M 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.
OK: No KYC on either legOndo Perps No · Entropy No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0057%/8h × 21 periods+$12.03

Price spread+0.303% → +0.231% (7d avg)+$7.18

Slippage, 4 orderslive order books−$133.46

Fee Ondo Perps bp × 2 orders−$5.00

Fee Entropy bp × 2 orders−$1.80

Net · 7 days · $10k−$121.05

Costs to cover1.403%Break-even77.4 days

Slippage: Ondo Perps: live order book, 55 min ago; Entropy: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGOndo Perps12.6915.2 bp−$1588.7 bp−$887doesn’t fitdoesn’t fit

SELL · SHORTEntropy0.3536.1 bp−$36143.5 bp−$1,435doesn’t fitdoesn’t fit

Closing costs about the same again.

OPENAI news

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

10-26 10:00	Kalshi	Other	BREAKING: OpenAI resumes training its top models after "security pause and upgrades" @Kalshi on X ↗
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 ↗