No, there is no mention of that feat being able to do that.
The sleep spell specifically says that 'slapping or wounding' is needed, not normal noise.
Basically this feat just lets you ignore the +10 increase to the DC for being asleep, it doesn't let you do anything that you couldn't do otherwise (anyone who succeeds at a perception check to notice danger while they are asleep can wake up, it is just easier if you take this feat).
If sleep had a "DC 25 perception check to wake" clause or something similar, it would be reasonable that One Eye Open would lower the DC by 10, but it doesn't. No amount of success at a perception check will awaken you from this spell.
The sleep spell specifically says that 'slapping or wounding' is needed, not normal noise.
Basically this feat just lets you ignore the +10 increase to the DC for being asleep, it doesn't let you do anything that you couldn't do otherwise (anyone who succeeds at a perception check to notice danger while they are asleep can wake up, it is just easier if you take this feat).
If sleep had a "DC 25 perception check to wake" clause or something similar, it would be reasonable that One Eye Open would lower the DC by 10, but it doesn't. No amount of success at a perception check will awaken you from this spell.
Actually there isn't a rule to wake up from a perception check that I know of. So it seems that the feat actually DOES do something new. Since there isn't a clear rule on what wakes up a sleeping character, 'slapping or wounding' might just be some examples of how to do it rather than a set of exclusive conditions.
IMHO this feat is a waste of space. For the same cost you could take Skill Focus (perception) and get a nice bonus (less than +10, but still nice) that you could make use of all the time, not just when you're sleeping, and your mean DM decides to inflict you with a night-time wandering monster.
Even Skill Focus is usually considered a very, very low-value choice on the feat choice totem pole. IMHO, this feat is a few notches even lower in priority, given how situational it is.
I wouldn't fault a DM for giving you some chance to use it to self-awaken from a sleep spell, just to try to give you a tiny bit of mileage from a lackluster if flavorful feat choice. But the rules do not support this option.
IMHO, the power of this feat would be more appropriate for a trait, rather than a feat. Even then, it would be overshadowed by beter choices.