By Keel Research Team · Updated October 3, 2026
Trade Tesla (TSLA) as a perpetual contract on Hyperliquid — 24/7, on-chain, self-custodial.
Venue facts read from Keel’s instrument table Oct 3, 2026, 05:05 UTC (hourly sync of Hyperliquid market metadata) · last listing change observed Oct 3, 2026, 05:00 UTC.
What it references (the builder’s own market note): TSLA references 1 share of Tesla, Inc. common stock (Nasdaq: TSLA), quoted in USD. Tesla designs electric vehicles, energy-storage systems, and related products.
The TSLA perpetual on Hyperliquid tracks Tesla common stock via an oracle during US market hours and floats on the Hyperliquid order book off-hours, with funding pulling it back toward the reference. It is a HIP-3 builder-deployed market on the shared Hyperliquid book, open around the clock. TSLA tends to attract high-conviction directional flow given Tesla’s well-known volatility profile, so funding can swing sharply around earnings and headline events. Use the venue’s live leverage cap and margin tiers, shown above, when sizing.
Keel is a Strategy OS for AI-assisted systematic trading on Hyperliquid. Backtest a strategy that trades TSLA against funding, momentum, or rotation signals, change a parameter and re-run it, then deploy live with funding-aware execution and full risk controls.
Free to start — connect a Hyperliquid wallet when you’re ready to go live.
| Venue | Product | Hours | Leverage | Custody |
|---|---|---|---|---|
| Hyperliquid (xyz dex) | Perpetual (USDC) | 24/7 | Up to 20x | Self-custody |
| Robinhood / brokerage | Spot stock | US market hours | Margin (limited) | Custodial |
| CFD broker | CFD | Extended hours | Varies | Custodial |
Comparison shown for orientation. Not legal, tax, or investment advice. Confirm current product terms with each venue directly. See Hyperliquid vs Robinhood for a deeper side-by-side breakdown.
Off-hours the perp trades on the Hyperliquid order book alone, so it can move away from the last cash close on news. When the cash market reopens the oracle resumes and funding pulls the perp back toward the underlying.
TSLA on the xyz dex offers up to 20x leverage, read from the venue’s market metadata. The market can be held cross or isolated. Margin requirements scale with position size; the live cap and margin tiers are on the Hyperliquid market page.
Funding is computed from the gap between the perpetual price and an oracle reference: when the perp trades above the oracle, longs pay shorts; below, shorts pay longs. Core Hyperliquid perps settle funding hourly; a HIP-3 builder sets the schedule for its own markets, so confirm the cadence on the market page. The per-period rate is small but compounds over multi-day holds.
Hyperliquid perpetuals trade 24/7. Off-hours (overnight, weekends, holidays), the perp may diverge from the underlying spot price since traditional markets are closed and price discovery happens here. Funding pulls the perp back toward the oracle over time.
Yes. You connect a wallet (e.g. via Hyperliquid’s native UI or a builder app); keys never leave your control. Hyperliquid is a non-custodial exchange.
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