Markets
NVDA93.71TSLA100.75 EquityEquity
NVDA/TSLA
NVIDIA relative to Tesla
NVDA−0.34%TSLA leads · 24h+1.09%TSLA
Relative performance · indexed to 100
93.01−6.99%1M
Ratio 0.56255 · TSLA per NVDA
NVDA93.71TSLA100.75Base
NVDA
NVIDIA xStockNVDAx
- Mint
- Xsc9…9qEh
- Decimals
- 8
Quote
TSLA
Tesla xStockTSLAx
- Mint
- XsDo…HzoB
- Decimals
- 8
What this market measures
Tracks NVDA performance relative to TSLA.
The chart shows relative performance indexed to 100 at the start of the range. This is not the price of an Otus token and not the price of either asset - it is how NVDA has done against TSLA, which can rise even when both are falling.
Two of the most heavily traded names in the market, priced against each other. Rises when compute demand outruns the electric-vehicle trade.
Why a ratio, not two perps
- One position, one liquidation level
- A long-NVDA short-TSLA pair built from two perps can be liquidated on a market-wide wick: the long leg blows up before the short leg pays out, even when the view was right. A ratio position only cares whether NVDA outperforms; its liquidation level is a ratio level.
- Balanced by construction
- Two legs drift out of balance and need constant rebalancing. A ratio position cannot drift. It is the relationship itself.
- One margin, one fee
- Two legs cost double margin, double fees and double funding. One position halves all three.
- Pairs that exist nowhere else
- Many pairs cannot be assembled from existing perps at all, because one side has no perp market. Tokenized equities and long-tail Solana assets first among them.
- Identifier
- nvda-tsla
- Listed
- Sep 21, 2026
- Creator
- Unattributed
Trade
NVDA outperforms TSLA.
Leverage10×
Margin
USDC
USDC- Entry ratio
- 0.56255
- Liquidation ratio
- 0.50630(−10.0%)
- Position size
- 1,000.00
Margin settles to the Otus vault through a Jupiter swap from your wallet. Positions are marked against live ratios.