đ What TSLA Perps on Binance Are
TSLAUSDT perpetual futures are derivative contracts that let you speculate on the price movement of Teslaâs stock (NASDAQ: TSLA) without owning actual TSLA shares. They are:
Settled in USDT (Tether stablecoin).
24/7 tradable â unlike regular TSLA stock which trades only during Nasdaq hours.
No expiry date â you can hold positions indefinitely if you maintain margin.
Leverage up to ~5x â magnifies gains and losses.
đ§ How It Works
Open a futures wallet on Binance and deposit USDT (or other supported margin assets like BTC via multi-asset mode).
Enter a position (long or short) based on whether you think TSLA will go up or down.
Funding fees are charged/received regularly to keep the perp price aligned with the real TSLA price.
Because it trades 24/7, prices can move when U.S. markets are closed, which can introduce gaps or extra volatility.
đ Key Specs (At Launch)
Ticker: TSLAUSDT Perp
Margin & Settlement: USDT
Leverage: Up to 5Ă
Minimum trade size: 0.01 TSLA (â ~$5 notional)
Funding rate: Adjusts every few hours to anchor the price to the underlying TSLA index.
đ§ Pros & Cons
Pros
âď¸ 24/7 exposure to TSLA price without owning the stock.
âď¸ Small minimum entry and accessible leverage.
âď¸ Trade both directions (long and short).
Cons
â ď¸ Leverage increases risk â small moves can lead to large losses and possible liquidations.
â ď¸ Price tracking may diverge briefly from regular market prices, especially outside NASDAQ hours.
