TSLA Funding Rate — Tesla tokenized stock perpetuals across 17 venues
Tokenized stock (xStock) perpetual · compared across 17 venues · net of estimated fees · updated every few minutes
TSLA represents tokenized exposure to Tesla shares (a Backed.fi xStock) traded as a perpetual. The perp, its funding and the underlying share are three different things — read the rate with liquidity and the backtest below.
Live annualized TSLA perpetual funding across all 17 venues Perpia tracks. Right now TSLA funding is positive on 17 and negative on 0, ranging from +133.5% on Gate.io to +0.2% on GMTrade — a spread of 133.2%. The widest delta-neutral trade is long GMTrade / short Gate.io at 127.6% net APR.
TSLA funding trend & liquidity
60h of historyAverages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.
TSLA funding rate by venue
103 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Gate.io↗ | +133.5% | 8h |
| Bybit↗ | +88.4% | 8h |
| Arcus↗ | +73.6% | 1h |
| Bitget↗ | +63.2% | 8h |
| Nado↗ | +56.2% | 24h |
| trade.xyz↗ | +35.6% | 1h |
| OKX↗ | +32.7% | 8h |
| KuCoin↗ | +30.9% | 8h |
| Aster↗ | +30.4% | 8h |
| Hyperliquid↗ | +26.0% | 1h |
| Variational↗ | +25.5% | 8h |
| Lighter↗ | +14.9% | 8h |
| Pacifica↗ | +10.9% | 1h |
| Ondo Perps | +5.5% | 1h |
| Vest↗ | +5.0% | 1h |
| Ostium↗ | +4.8% | 1h |
| GMTrade↗ | +0.2% | 1h |
Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the GMTrade vs Gate.io page.
Loading TSLA backtest…
TSLA funding — FAQ
Is TSLA funding positive right now?
TSLA perpetual funding is positive on 17 of 17 venues Perpia tracks. The highest is +133.5% on Gate.io; the lowest is +0.2% on GMTrade.
What is the best TSLA funding arbitrage right now?
Go long GMTrade and short Gate.io for about 127.6% net APR after fees — the widest delta-neutral TSLA spread Perpia currently sees.
Which exchange has the highest TSLA funding rate?
Gate.io, at +133.5% annualized. Funding shifts continuously, so check the live table above before trading.
How TSLA funding arbitrage works
Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.
Related tokenized stocks
See the full list on the tokenized stocks hub.