OPENAI

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Ondo PerpsOPENAI-USD.P	1,426.3	+0.0001	0.0000% / 1h	45m 39s	$287K	$57K	3x	Long Ondo Perps5% off
SHORT	Lighter RHOPENAI	1,474.3	+0.0016	get 0.0002% / 1h	45m 39s	$5.3M	$20.2M	5x	Short Lighter RH+10% pts

Price gap+3.365%

Funding gap+0.0015% /8h

Funding pays $0 a day on $10k, but the gap is 0.408% under its 7d average: −$41 if it goes back, about 3 months of funding.

If you open now and hold

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

Funding+$3+0.0015% /8h now · paid +0.027% over the last 7D

Price−$41spread +3.365% now, avg +3.773% → −0.408% if it goes back

Costs−$1471.469% of $10k · taker + slippage, in and out

Result−$185−1.85%+ Points / potential airdropOndo Perps: points · Lighter RH: Points live · 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+3.365%

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

OK: Fits both order books8.8 / 2.4 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$3,333 + $2,000
Ondo Perps 3x, Lighter RH 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: +$0.46Long Ondo Perps: 24 payments, −$0.02; short Lighter RH: 24 payments, +$0.48.
Watch: Gap narrower than usual+3.365% vs +3.773%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$287K vs $5.3M OI
Ondo Perps sets your exit cost. Check its book before closing.
OK: Points on a legOndo Perps points · Lighter RH Points live
Volume here counts toward the points program.
OK: No KYC on either legOndo Perps No · Lighter RH 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+0.0013%/8h × 21 periods+$2.66

Price spread+3.365% → +3.773% (7d avg)−$40.77

Slippage, 4 orderslive order books−$141.87

Fee Ondo Perps bp × 2 orders−$5.00

Fee Lighter RH bp × 2 orders$0.00

Net · 7 days · $10k−$184.98

Costs to cover1.469%Break-even493.6 days

Slippage: Ondo Perps: live order book, 21 min ago; Lighter RH: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGOndo Perps6.318.8 bp−$981.7 bp−$817doesn’t fitdoesn’t fit

SELL · SHORTLighter RH1.252.4 bp−$2304.3 bp−$3,043doesn’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 ↗