Live Opendoor (OPEN) Perpetual Futures Price

Opendoor (OPEN) perpetual futures (perps) trade 24/7 on Phoenix, a fully on-chain order book exchange on Solana. As of October 26, 2026, OPEN trades at $1.895 with $590 in open interest. Fees are 0.035% taker and 0.005% maker, and you can use USDC or SOL as collateral.

Mark price$1.895-4.07%
Oracle price
$1.895
24h high
$1.995
24h low
$1.845
24h volume
$4,536
Open interest
$590
1h funding
+0.0017%

OPEN mark price, last 24 hours

17:45 UTC17:30 UTC

OPEN contract specifications

Contract type
Perpetual futures, no expiry
Margin and settlement
USDC
Maximum leverage
5x
Margin mode
Cross or isolated
Taker fee
0.035%
Maker fee
0.005%
Trading hours
24/7
Closed-market price bound
20%

OPEN trades 24/7 on Phoenix. When the underlying market is closed, Phoenix prices OPEN from its own order book using Impact Pricing, within 20% of the last external price. Parameters are set per market and can change. See all market parameters

OPEN funding rate

1 hour
+0.0017%
8 hours
+0.0135%
Annualized
+14.76%

The rate is positive: traders holding long OPEN positions pay traders holding short positions. Funding settles every hour. The 8-hour and annualized figures extend the current hourly rate and are not forecasts.

About Opendoor

Opendoor is a US online real-estate company that buys homes directly from sellers and resells them. It listed on Nasdaq in 2020 via a SPAC merger.

Open interest is the notional value of OPEN positions still open on Phoenix. 24h volume is the notional value traded over the last 24 hours.

OPEN perpetuals questions

What is the OPEN perpetual price right now?

The Opendoor perpetual price on Phoenix is $1.895, a change of -4.07% over the last 24 hours. It's the mark price of the OPEN perpetual, which can differ slightly from Opendoor prices quoted elsewhere.

Can I trade OPEN perpetuals on Solana?

Yes. OPEN perpetuals trade on Phoenix, a fully on-chain perpetuals exchange on Solana. Connect a Solana wallet or sign in with email, deposit USDC or SOL, and trade OPEN 24/7.

What is the OPEN funding rate right now?

The OPEN funding rate on Phoenix is +0.0017% per hour, or +14.76% annualized. A positive rate means longs pay shorts, and a negative rate means shorts pay longs. Funding settles every hour.

What is OPEN open interest on Phoenix?

OPEN open interest on Phoenix is $590, with $4,536 traded over the last 24 hours.

What are the fees to trade OPEN perpetuals?

Trading OPEN perpetuals (perps) on Phoenix costs 0.035% for taker orders and 0.005% for maker orders, based on matched notional.

Can I use SOL as collateral to trade OPEN?

Yes. Phoenix accepts USDC and native SOL as collateral, and SOL counts toward margin at up to 80% of its value, so you can trade OPEN without selling your SOL. Profit and loss settle in USDC.

Can I trade OPEN when its market is closed?

Yes. OPEN trades 24/7 on Phoenix. When the underlying market is closed, Phoenix prices OPEN from its own order book, within 20% of the last external price.

Do I own Opendoor shares when I trade OPEN perpetuals?

No. OPEN perpetuals give you exposure to the share price without owning shares. Profit and loss settle in USDC.

Do OPEN perpetuals expire?

No. OPEN perpetuals have no expiry date. A position stays open until you close it or it is liquidated, unless the market itself is settled or delisted under its listing terms.

How does Phoenix decide OPEN liquidations?

Phoenix uses the mark price, not the last trade, to check account health and trigger OPEN liquidations. The mark price is the median of an adjusted oracle price, the Phoenix order book price and the oracle price plus a smoothed average of the order book's gap to it, which reduces the risk of liquidations caused by a brief price spike.

Where can I see OPEN order book depth and price history?

The OPEN trade screen on Phoenix shows the live order book, recent trades and an interactive chart. Developers can stream the same data through the Phoenix API, the Rise SDK and the Vulcan CLI.

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