PerpEquities

Pre-IPO

OpenAI stock: live pre-IPO perp price

Can you buy OpenAI stock yet? Not on a public exchange - but pre-IPO perpetuals price it live.

OpenAI is an AI research company that develops large language models and AI systems, including ChatGPT and GPT models used for text generation and analysis.

$1,562-1.6%
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Collecting venue price data...
venue perp mark · Gate.io (OPENAI/USDT)
Auto: highest-volume live perp venueOpen in TradingView

Trading data

Perpetual market activity

21/21 live markets
Venues
21
Live markets
21/21
24h volume
$34.5MCoverage: 16/21 marketsExchange-reported volume: $42.2M
Open interest
$98.6MCoverage: 17/21 markets
Best liquidity
$925K
Ourbit
Tightest spread
+0.1 bps
Bitunix
Highest volume
$14.7M
Gate.io
Settlement mix
USDT · 16/21
Perp/spot vol.
-
OI / float
-

Venue matrix

21 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
Gate.ioTradeOPENAI/USDTTrading$1,5620.0% APR
0.000% every 8h		+0.2 bps-$14.7M$45.1MUSDT50x
BinanceTradeOPENAI/USDTTrading$1,562+5.5% APR
+0.00500% every 8h		+1.9 bps-$6.8M$21.1MUSDT-
BitgetTradeOPENAI/USDTTrading$1,5550.0% APR
0.000% every 8h		+0.3 bps-$6.2M$3.6MUSDT20x
LBankTradeOPENAI/USDTTrading$1,562+5.5% APR
+0.00500% every 8h		+0.7 bps$681.7K$2M-USDT20x
MEXCTradeOPENAI/USDTTrading$1,562+5.5% APR
+0.00500% every 8h		+1.9 bps$234.8K$1.5M$10.4MUSDT50x
Hyperliquid HIP-3Tradeio:OAITrading$1,615+21.3% APR
+0.00244% every 1h		+0.6 bps$28K$1.1M$6.6MUSDC6x
XT.comTradeOPENAI/USDTTrading$1,561+11.0% APR
+0.010% every 8h		+1.9 bps$69.8K$750K$7.9MUSDT20x
PhemexTradeOPENAI / USDTTrading$1,5630.0% APR
0.000% every 8h		+11.1 bps$19K$361.6K$1.5MUSDT10x
BitunixTradeOPENAI/USDTTrading$1,562+5.5% APR
+0.00500% every 8h		+0.1 bps$180.2K$354.7K-USDT50x
HTXTradeOPENAI/USDTTrading$1,562-+7.1 bps$371.8K$340.6K-USDT-
BloFinTradeOPENAI/USDTTrading$1,562+4.9% APR
+0.00446% every 8h		+1.9 bps$46.2K$184K$460.9KUSDT20x
GRVTTradeOPENAI/USDTTrading$1,561+5.5% APR
+0.00500% every 8h		+4.9 bps$6.7K$116.7K$1.8KUSDT-
BybitTradeOPENAI/USDTTrading$1,5940.0% APR
0.000% every 8h		+12.3 bps$18.9K$82.5K$607.4KUSDT25x
KrakenTradePF_OPENAIXUSDTrading$1,566+5.5% APR
+0.00063% every 1h		+34.4 bps$21.3K$15.6K$34KUSD-
Coinbase InternationalTradeOPENAI/USDCTrading$1,573+102.5% APR
+0.012% every 1h		+50.4 bps-$12.4K$223KUSDC-
AsterTradeOPENAIUSDTTrading$1,562+5.5% APR
+0.00500% every 8h		+115.4 bps$3.8K$8K$185KUSDT-
AevoTradeOPENAI/USDCTrading$1,562-+150.4 bps$18K--USDC10x
OurbitTradeOPENAI/USDTTrading$1,562+5.5% APR
+0.00500% every 8h		+3.0 bps$925K$3.2M⚠$204.3KUSDT50x
KuCoinTradeOPENAI/USDTTrading$1,563+5.5% APR
+0.00500% every 8h		+4.9 bps$1.8K$1.7M⚠$397.1KUSDT20x
BingXTradeOPENAIUS-USDTTrading$1,563+5.5% APR
+0.00500% every 8h		+2.1 bps$464.5K$1.6M⚠$1.5KUSDT-
ExtendedTradeOPENAI/USDTrading$1,562+5.3% APR
+0.00060% every 1h		+9.6 bps$41.9K$1.1M⚠$145.3KUSD10x

Unverified volume: implausibly high against open interest, a typical sign of wash trading. These venues are listed last.

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

Broad liquidity · 11 of 21 venues absorb $10k · Typical cost: +8.5 bps – +31.7 bps

Too thin: Hyperliquid HIP-3, Kraken, GRVT, KuCoin

No fresh book data: Aevo, Aster, Gate.io, Binance, Bitget, Coinbase International

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Best liquidity

OPENAI
Ourbit · OPENAI/USDT$925K

Tightest spread

OPENAI
Bitunix · OPENAI/USDT+0.1 bps

Highest volume

OPENAI
Gate.io · OPENAI/USDT$14.7M

Funding history

Stored venue snapshots by market

Company data

Company fundamentals

Private valuation
Valuation
$1.6T
Market-implied valuation · perp price × 1B contract shares
Revenue
-
Trailing 12 months
Revenue growth
-
Next fiscal year
Profit margin
-
P/E
-
Free cash flow
-
Trailing 12 months
More metrics
Net income
-
Trailing 12 months
P/S
-
Peer P/E
-
Similar listed perps
Revenue estimate
-
Next fiscal year
Earnings
-
Dividend
-

Fundamental detail

No history
Company financial history is not available for this ticker yet.

Next catalyst

Catalysts

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Company news

Reuters, WSJ, Bloomberg and FT first, as far as our news provider delivers them; other publishers behind the second filter. Headlines link to the publisher.

Pending

Analyst track record

How the analysts covering OPENAI have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings00
Analysts00
Buy / hold / sell––
Upgrades / downgrades / initiations0 / 0 / 00 / 0 / 0
Price targets hit / missed––
Avg. return after a rating (TipRanks)––
Best / worst call– / –– / –

After buy calls on this stock: not enough measured cases yet

TipRanks data via FMP · computed Sep 25, 2026 · 0 ratings

Frequently asked questions

Can I buy OpenAI stock?

Not on a public exchange - OpenAI has no publicly traded shares yet. Perpetual futures on OPENAI trade on Gate.io, Binance, Bitget: speculative derivatives on its expected valuation that carry no ownership, voting rights or dividends - and no guaranteed convergence to a future IPO price.

Can I trade OpenAI before its IPO?

OpenAI (OPENAI) trades as a pre-IPO perpetual on 21 crypto venues, so you can take exposure before any public listing. Pre-IPO valuations are estimates and may differ from a future public-market price.

What is OpenAI currently valued at?

The market-implied reference valuation is about $1.6T: venue-median perp price × 1B documented reference shares. This is market speculation, not an official funding round.

When is the OpenAI IPO?

Our source, last checked on August 28, 2026, named no confirmed listing date. Once OpenAI actually lists and exchange data is available, we update this page to the regular equity market page.

Can I trade OPENAI around the clock?

Yes. Unlike the underlying stock, OPENAI perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on OPENAI perpetuals?

Right now the OPENAI perp funding rate is +5.5% annualized (venue median), ranging from 0.0% to +21.3% across 21 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

What is a OPENAI perpetual future?

A OPENAI perpetual is a derivative that tracks the price of OpenAI with no expiry date. It lets you take long or short exposure to OpenAI on crypto venues, around the clock.

Also listed on Gate.io

Also listed on Binance

Also listed on Bitget

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