Live Tesla (TSLA) Perpetual Futures Price
Tesla (TSLA) perpetual futures (perps) trade 24/7 on Phoenix, a fully on-chain order book exchange on Solana. As of October 26, 2026, TSLA trades at $395.04 with $503,663 in open interest. Fees are 0.035% taker and 0.005% maker, and you can use USDC or SOL as collateral.
- Oracle price
- $395.47
- 24h high
- $397.03
- 24h low
- $370.2
- 24h volume
- $145,888
- Open interest
- $503,663
- 1h funding
- -0.0035%
TSLA mark price, last 24 hours
TSLA contract specifications
- Contract type
- Perpetual futures, no expiry
- Margin and settlement
- USDC
- Maximum leverage
- 20x
- Margin mode
- Cross or isolated
- Taker fee
- 0.035%
- Maker fee
- 0.005%
- Trading hours
- 24/7
- Closed-market price bound
- 5%
TSLA trades 24/7 on Phoenix. When the underlying market is closed, Phoenix prices TSLA from its own order book using Impact Pricing, within 5% of the last external price. Parameters are set per market and can change. See all market parameters
TSLA funding rate
- 1 hour
- -0.0035%
- 8 hours
- -0.0284%
- Annualized
- -31.04%
The rate is negative: traders holding short TSLA positions pay traders holding long positions. Funding settles every hour. The 8-hour and annualized figures extend the current hourly rate and are not forecasts.
About Tesla
TSLA-PERP tracks the value of 1 share of common stock in Tesla, Inc. (NASDAQ: TSLA) Tesla designs and manufactures electric vehicles, battery energy storage systems, and solar products. The company is a global leader in EV production and autonomous driving technology.
Open interest is the notional value of TSLA positions still open on Phoenix. 24h volume is the notional value traded over the last 24 hours.
TSLA perpetuals questions
What is the TSLA perpetual price right now?
The Tesla perpetual price on Phoenix is $395.04, a change of +5.80% over the last 24 hours. It's the mark price of the TSLA perpetual, which can differ slightly from Tesla prices quoted elsewhere.
Can I trade TSLA perpetuals on Solana?
Yes. TSLA 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 TSLA 24/7.
What is the TSLA funding rate right now?
The TSLA funding rate on Phoenix is -0.0035% per hour, or -31.04% annualized. A positive rate means longs pay shorts, and a negative rate means shorts pay longs. Funding settles every hour.
What is TSLA open interest on Phoenix?
TSLA open interest on Phoenix is $503,663, with $145,888 traded over the last 24 hours.
What are the fees to trade TSLA perpetuals?
Trading TSLA 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 TSLA?
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 TSLA without selling your SOL. Profit and loss settle in USDC.
Can I trade TSLA when its market is closed?
Yes. TSLA trades 24/7 on Phoenix. When the underlying market is closed, Phoenix prices TSLA from its own order book, within 5% of the last external price.
Do I own Tesla shares when I trade TSLA perpetuals?
No. TSLA perpetuals give you exposure to the share price without owning shares. Profit and loss settle in USDC.
Do TSLA perpetuals expire?
No. TSLA 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 TSLA liquidations?
Phoenix uses the mark price, not the last trade, to check account health and trigger TSLA 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 TSLA order book depth and price history?
The TSLA 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.