Loading…
AfterFees

Borrow rates · NMR

Borrow NMR: rates on every exchange

Annualised margin borrow rates for NMR at VIP 0, and whether borrowing it to collect negative funding pays after every cost.

Updated 2026-10-29 19:46 UTC

NMR borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Bitget1.09%1.03%1.03%1.09%$247.3K$64.8KBorrowable
Gate7.05%8.08%8.18%8.08% *$30Knot publishedBorrowable
Binance57.92%80.97%80.26%80.97%$5Knot publishedBorrowable

Annualised simply (hourly rate × 8,760). Rate counted = the higher of the current rate and the 24 h average, as in every calculation on AfterFees. * Gate: rate × the published VIP multiplier (inferred).

Reverse carry on NMR: borrow and sell spot, long the perp

No reverse NMR carry nets a profit at this size right now.

At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.

NMR perps, most negative funding first

ExchangeContractRateEveryAnnualised
OKXNMR-USDT-SWAP-0.0124%4 h−27.2%
BingXNMR-USDT-0.0107%4 h−23.4%
BinanceNMRUSDT-0.0089%4 h−19.6%
MEXCNMR_USDT-0.0084%4 h−18.4%
GateNMR_USDT-0.0063%4 h−13.8%
KuCoinNMRUSDTM-0.0014%4 h−3.1%
BybitNMRUSDT-0.0010%4 h−2.3%
BitgetNMRUSDT0.0042%4 h+9.2%

Coins

Funding rates and every arbitrage on this coinNMR

Questions

Where is it cheapest to borrow NMR?

Bitget, at 1.09% a year at the rate we count (the higher of the current rate and the 24 h average), among 3 exchanges that lend NMR.

Can I earn negative funding on NMR by borrowing it?

Not right now: no reverse NMR carry covers its borrow interest, fees and slippage at $10,000 for 7 days.

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.