OPENAI

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	QFEXOPENAI-USD	1,409.1	+0.0480	pay 0.0060% / 1h	8m 35s	$1.6M	$255K	10x	Long QFEX10% back
SHORT	BingXNCSKOPENAI2USD-USDT	1,398.7	+0.0050	get 0.0050% / 8h	1h 08m	$929K	$1.6M	—	Short BingX

Price gap−0.738%

Funding gap−0.0430% /8h

Both sides work against this direction now: funding costs $13 a day on $10k and the gap is 0.442% under its 7d average. Swap the legs.

If you open now and hold

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

Funding−$47−0.0430% /8h now · paid −0.471% over the last 7D

Price−$44spread −0.738% now, avg −0.296% → −0.442% if it goes back

Costs−$440.435% of $10k · taker + slippage, in and out

Result−$135−1.35%no pointsWhat 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−0.738%

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

1 ok · 4 to watch

OK: Fits both order books13.0 / 8.4 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$1,000 + —
QFEX 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$12.90Long QFEX: 24 payments, −$14.40; short BingX: 3 payments, +$1.50.
Watch: Gap narrower than usual−0.738% vs −0.296%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$929K vs $1.6M OI
BingX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCQFEX No · BingX Yes
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0224%/8h × 21 periods−$47.11

Price spread−0.738% → −0.296% (7d avg)−$44.24

Slippage, 4 orderslive order books−$13.55

Fee QFEX bp × 2 orders−$20.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k−$134.89

Costs to cover0.435%Break-evennever at this rate

Slippage: QFEX: live order book, 5 min ago; BingX: live order book, 9 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGQFEX2.3413.0 bp−$1321.1 bp−$211doesn’t fitdoesn’t fit

SELL · SHORTBingX0.828.4 bp−$821.9 bp−$219298.0 bp−$29.8K1014.9 bp−$507.4K

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 ↗