NOK funding rates and arbitrage
Updated 2026-11-11 23:01 UTC
Best NOK arbitrage after every cost
No NOK pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
NOK funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Crypto.com | NOKUSD-PERP | 0.0108% | 1 h | +94.3% | +63.2% | $1.2K | 2026-11-12 00:00 |
| Hyperliquid | xyz:NOK | 0.0060% | 1 h | +52.3% | +11.3% | $1.3M | 2026-11-12 00:00 |
| BingX | NCSKNOK2USD-USDT | 0.0388% | 8 h | +42.5% | +5.0% | $961.6K | 2026-11-12 00:00 |
| Bitunix | NOKUSDT | 0.0202% | 8 h | +22.1% | +14.6% | — | 2026-11-12 00:00 |
| WhiteBIT | NOK_PERP | 0.0100% | 8 h | +10.9% | +15.3% | $815.6K | 2026-11-12 00:00 |
| KuCoin | NOKUSDTM | 0.0000% | 8 h | 0.0% | 0.0% | $404.7K | 2026-11-12 00:00 |
| Phemex | NOKUSDT | 0.0000% | 8 h | 0.0% | — | $1.5M | 2026-11-12 00:00 |
| MEXC | NOKSTOCK_USDT | 0.0000% | 8 h | 0.0% | +7.5% | $1.2M | 2026-11-12 00:00 |
| HTX | NOK-USDT | 0.0000% | 8 h | 0.0% | +0.6% | $9.2K | 2026-11-12 00:00 |
| OKX | NOK-USDT-SWAP | 0.0000% | 8 h | 0.0% | +7.7% | $794.9K | 2026-11-12 00:00 |
| LBank | NOKUSDT | 0.0000% | 8 h | 0.0% | 0.0% | — | 2026-11-12 00:00 |
| GRVT | NOK_USDT_Perp | 0.0000% | 8 h | 0.0% | +4.0% | $2.2K | 2026-11-12 00:00 |
| Binance | NOKUSDT | 0.0000% | 8 h | 0.0% | +7.5% | $3.6M | 2026-11-12 00:00 |
| Aster | NOKUSDT | 0.0000% | 8 h | 0.0% | 0.0% | $89.4K | 2026-11-12 00:00 |
| Extended | NOK-USD | 0.0000% | 1 h | 0.0% | +4.9% | $1.9K | 2026-11-12 00:00 |
| Gate | NOK_USDT | 0.0000% | 8 h | 0.0% | +4.8% | $431.2K | 2026-11-12 00:00 |
| Variational | NOK-PERP | 0.0000% | 8 h | 0.0% | 0.0% | $28.6K | 2026-11-12 00:00 |
Cost to enter $10,000 of NOK
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| OKX | NOK-USDT-SWAP | 6.8 bp * | top of book only |
| Gate | NOK_USDT | 8.1 bp | top of book only |
| Extended | NOK-USD | 9.4 bp | top of book only |
| Binance | NOKUSDT | 11.0 bp * | top of book only |
| BingX | NCSKNOK2USD-USDT | 11.0 bp | top of book only |
| Hyperliquid | xyz:NOK | 11.7 bp | top of book only |
| KuCoin | NOKUSDTM | 12.0 bp | top of book only |
| Variational | NOK-PERP | 14.9 bp | top of book only |
| MEXC | NOKSTOCK_USDT | 16.0 bp | top of book only |
| HTX | NOK-USDT | 17.9 bp * | top of book only |
| Aster | NOKUSDT | 19.2 bp | top of book only |
| GRVT | NOK_USDT_Perp | 22.5 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
Questions
Is NOK funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no NOK pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest NOK funding rate?
Crypto.com at +94.3% a year (0.0108% every 1 h); the lowest is Variational at 0.0%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.