TSLA funding rates

TSLA perpetual funding is currently quoted across 19 venues, ranging from -7.0% to +12.0% APR. The most reliable delta-neutral pairing for TSLA right now is long Variational / short Phoenix at +9.0% net APR (medium risk, ~1.9d to break even).

as of 2026-09-12 14:42 UTC
Best delta-neutral pairing
Long Variational / Short Phoenix
+9.0% net APR
Backtested (30d)
+15.0%
Stability
88.3%
Risk
medium
Breakeven
~1.9d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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TSLA funding by exchange

ExchangeFunding APR
Phoenix+11.96%
Pacifica+10.95%
TxFlow+10.95%
Ondo+5.52%
TradeXYZ+5.48%
Polymarket+5.47%
SoDEX+5.47%
Decibel+5.26%
Arcus+4.18%
Lighter RH+3.50%
Lighter+3.50%
RiseX+0.00%
QFEX+0.00%
Variational+0.00%
Grvt+0.00%
Aster+0.00%
Extended+0.00%
Nado-5.02%
HotStuff-7.01%

Frequently asked

What is the TSLA funding rate right now?

TSLA perpetual funding ranges from -7.01% to 11.96% APR across 19 exchanges we track; the widest delta-neutral spread is long Variational / short Phoenix at 9.0% net APR.

Which exchange has the highest TSLA funding rate?

Phoenix currently has the highest at 11.96% APR. See the full ranking above.