Skip to content
PerpFinder

TSLA perps: where to trade Tesla perpetual futures

13 tracked venues list TSLA perps.

PerpFinder may earn a commission from this link. You can lose all your money on perp trades. Details

The cheapest place to trade TSLA perps right now is Lighter (TSLA): 1.01 bps all-in for a $10,000 market buy at the standard taker fee, measured 12:27 UTC on 2026-10-03.

The next two venues are trade.xyz 1.62 bps and Extended 3.04 bps. 9 of 13 TSLA markets gave a measured cost.

Promo rate for eligible accounts: MEXC (TESLA_USDT) shows 0.13 bps at a 0.000% taker fee that only some accounts get (MEXC: stock futures listing notice, checked 2026-09-25). MEXC does not state the TSLA fee for other accounts, so this cost is not ranked.

TSLA perps list on 13 tracked venues: 6 centralized exchanges, 1 Hyperliquid HIP-3 deployment, 6 other decentralized venues. Avantis (TSLA/USD), Gains Network (TSLA_1/USD) and Ostium (TSLA/USD) fill at an oracle price, with no public TSLA book to measure.

Maximum TSLA leverage runs from 2x on Gains Network (TSLA_1/USD) to 100x on MEXC (TESLA_USDT).

Measured TSLA cost for a $10,000 buy

TSLA: all-in basis points (bps) for a $10,000 buy at the standard fee. Lower is cheaper.
  1. Lighter1.01
  2. trade.xyz1.62
  3. Extended3.04
  4. Aster3.30
  5. Binance4.43
  6. Bybit4.57
  7. OKX6.51
  8. Bitget7.64
  9. Gate8.04

TSLA funding and open interest

Funding now runs from -11.0% a year on trade.xyz to 3.5% on Lighter, across 10 TSLA markets. A positive rate means that longs pay shorts.

10 TSLA markets report open interest, $153.6 million in total. trade.xyz holds 32% of it ($49.7 million).

Where to trade Tesla perpetual futures

TSLA perps by venue
VenueMarketMax leverageFunding nowAnnual rate now7-day mean, annualOpen interestBook cost (bps)Taker feeAll-in (bps)Promo rate, eligible accounts
LighterTSLA20x+0.0004% / 1 h+3.5%—$938K1.010.000% (API)1.01—
trade.xyzxyz:TSLA20x−0.0013% / 1 h−11.0%+10.1%$49.7M0.720.0090% (API, live)1.62—
ExtendedTSLA_24_5-USD10x0.0000% / 1 h0.0%—$516K2.040.010% (docs)3.04—
AsterTSLAUSDT50x0.0000% / 8 h0.0%+9.1%$482K2.050.013% (docs)3.30—
BinanceTSLAUSDT25x0.0000% / 8 h0.0%+9.4%$42.7M0.430.040% (docs, promotion for all accounts)4.43—
BybitTSLAUSDT100x0.0000% / 8 h0.0%+15.1%$10.1M1.820.028% (docs, promotion for all accounts)4.57—
OKXTSLA-USDT-SWAP25x0.0000% / 8 h0.0%+10.7%$13.4M1.510.050% (docs)6.51—
BitgetTSLAUSDT100x0.0000% / 8 h0.0%+24.1%$14.9M1.640.060% (API)7.64—
GateTSLA_USDT100x0.0000% / 8 h0.0%+10.8%$10.8M0.540.075% (API)8.04—
MEXCTESLA_USDT100x0.0000% / 8 h0.0%+9.4%$10.1M0.13Not stated for all accounts—0.000% = 0.13 bps (eligible accounts, source, 2026-09-25)
AvantisTSLA/USD5x————No TSLA bookOracle model——
Gains NetworkTSLA_1/USD2x————No TSLA bookOracle model——
OstiumTSLA/USD—————No TSLA bookOracle model——

Method: a $10,000 TSLA market buy fills against each public TSLA book.

The TSLA book cost is that fill price against the mid, in bps. The TSLA all-in cost adds the standard taker fee that every new account gets.

A TSLA promo rate that only eligible accounts get is shown in its own column and is never ranked.

A TSLA book price does not prove that the venue accepts TSLA orders at that time, so check the TSLA hours table.

Annual TSLA funding is the rate per hour times 8,760, with no compounding. The TSLA markets come from venue APIs read on 2026-09-25.

Find your liquidation price with the liquidation price calculator for TSLA. Compare all tickers on the stock perps hub. Read how trade.xyz lists TSLA on Hyperliquid.

Where to Trade Tesla (TSLA) Perpetual Futures

Fees and leverage limits apply venue-wide; check TSLA terms with the venue.

Open Interest
$49.7m
24h Volume
$34.7m
Taker Fee
0.045%
Max Lev.
40x
Rating
9.2/10
Open Interest
$516.2k
24h Volume
$127.0k
Taker Fee
0.025%
Max Lev.
100x
Rating
7.0/10
Open Interest
$853
24h Volume
$175
Taker Fee
0.080%
Max Lev.
20x
Rating
7.5/10
Open Interest
—
24h Volume
$657.2k
Taker Fee
0.040%
Max Lev.
200x
Rating
7.5/10
Open Interest
—
24h Volume
—
Fee model
Position model
Max Lev.
1000x
Rating
8.0/10
Open Interest
—
24h Volume
$2.1m
Taker Fee
0.000%
Max Lev.
50x
Rating
7.5/10
Open Interest
—
24h Volume
—
Fee model
Position model
Max Lev.
200x
Rating
7.5/10

Tesla (TSLA) market overview

Tesla is the leading electric vehicle manufacturer and one of the most actively traded stocks in global equity markets. TSLA stock perps on decentralized exchanges attract crypto-native traders who want exposure to EV market sentiment, energy storage, and Elon Musk's public statements without opening a traditional brokerage account.

Tesla stock exposure in perp form, without a brokerage. The market-hours mismatch is the core risk: the reference price freezes at each US close, and venues diverge from there — some halt equity perps entirely, others keep them tradable against the frozen oracle.

After-hours news arrives as a gap either way. Venue rules govern splits and halts.

Frequently Asked Questions — Tesla (TSLA)

What open interest data is available for TSLA?

3 venues report positive TSLA open interest in this read.

The TSLA total leaves out venues outside the read.

How does a Tesla perpetual futures contract differ from the underlying asset?

A Tesla perpetual tracks the Tesla price, with no expiry date and no ownership of Tesla.

Check each venue for Tesla trading hours and the price source.

Category: Stock