OPENAI

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Ondo PerpsOPENAI-USD.P	1,426.6	+0.0001	0.0000% / 1h	46m 04s	$286K	$56K	3x	Long Ondo Perps5% off
SHORT	QFEXOPENAI-USD	1,404.8	+0.0320	get 0.0040% / 1h	46m 04s	$1.6M	$131K	10x	Short QFEX10% back

Price gap−1.526%

Funding gap+0.0319% /8h

Funding pays +$10 a day on $10k, but the gap is 0.713% under its 7d average: −$71 if it goes back, about 7.5 days of funding.

If you open now and hold

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

Funding+$47+0.0319% /8h now · paid +0.470% over the last 7D

Price−$71spread −1.526% now, avg −0.813% → −0.713% if it goes back

Costs−$1881.885% of $10k · taker + slippage, in and out

Result−$213−2.13%+ 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−1.526%

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

3 ok · 3 to watch

Watch: Thin at this size16.5 / 12.5 bp
At $10k entering Ondo Perps costs 16.5 bp, fee and slippage, 1.3× QFEX’s.
Note: Margin at max leverage$3,333 + $1,000
Ondo Perps 3x, QFEX 10x. 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: +$9.58Long Ondo Perps: 24 payments, −$0.02; short QFEX: 24 payments, +$9.60.
Watch: Gap narrower than usual−1.526% vs −0.813%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$286K vs $1.6M 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 · QFEX 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+0.0224%/8h × 21 periods+$46.99

Price spread−1.526% → −0.813% (7d avg)−$71.35

Slippage, 4 orderslive order books−$163.45

Fee Ondo Perps bp × 2 orders−$5.00

Fee QFEX bp × 2 orders−$20.00

Net · 7 days · $10k−$212.81

Costs to cover1.885%Break-even38.7 days

Slippage: Ondo Perps: live order book, 6 min ago; QFEX: live order book, 11 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGOndo Perps11.2316.5 bp−$1777.9 bp−$779doesn’t fitdoesn’t fit

SELL · SHORTQFEX1.3912.5 bp−$13doesn’t fitdoesn’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 ↗