OpenAI price compare — at a glance
Each exchange uses its own unit. We convert everything to one USD-per-share number so you can see who's cheap, who's rich, and the best spot ↔ perp arb in one screen.
Spot
Holding the actual OPENAI token
Perp
Perpetual futures — price bet, funding applies
How prices are converted to USD-per-share
Each exchange quotes OpenAI exposure on a different scale — Bitget's preOPAI spot at ~$964, OKX's OPENAI/USDT perp at ~$1,470, Hyperliquid Ventuals at ~$1,370. These aren't the same OpenAI share — they're different fractional claims with different contract specs.
For each venue we compute the implied OpenAI FDV directly:
impliedFdv = chart price ÷ equity-fraction
Each venue ships an explicit or inferred "fraction of OpenAI equity per quote unit." OKX-style USDT perps use the 1B-readability convention. Bitget preOPAI / OurBit OpenAI spot are Republic IPO Prime SPV tokens on a per-share scale. BingX V2 and Hyperliquid Ventuals track the Ventuals 1B convention. Cross-venue disagreement on implied FDV is the actual arbitrage signal.
What this doesn't cover:
- Order-book depth. We see top-of-book + 24h volume only. THIN warns when posted price probably won't fill in real size.
- Funding cost. Holding a perp for a week with funding at -0.05% per 8h costs ~1% — easily eats the spread.
- Calibration drift. If OpenAI's announced valuation changes (e.g. IPO prices in at $1.75T), the multipliers should be recalibrated.
- Geo / KYC. A venue listing SPACE-X doesn't mean you can trade it from your region.
Data collected from each exchange's public market endpoint. Not financial advice.