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Equity · Technology
Nokia Oyj (NOK) perpetual futures
NOK perpetual futures on 21 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade NOKUSDT.
Nokia provides mobile, fixed, and cloud-based network solutions across mobile networks, network infrastructure, cloud services, and technology licensing to communication providers and hyperscalers.
$10.13-3.3%
Price chart
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Collecting venue price data...
venue perp mark · Binance (NOK/USDT)
Auto: highest-volume live perp venueOpen in TradingView
Trading data
Perpetual market activity
21/22 live markets
Trading data
Perpetual market activity
Venues
22
Live markets
21/22
24h volume
$13.4MCoverage: 17/21 marketsExchange-reported volume: $16.6M
Open interest
$16MCoverage: 16/21 markets
Best liquidity
$845.3K
Bitunix
Tightest spread
+4.9 bps
Bitget
Highest volume
$5.2M
Binance
Settlement mix
USDT · 17/22
Perp/spot vol.
0.11x
Spot volume $122.7M
OI / float
+0.03%
Float $50.3B
Spot performance
1D-3.26%
5D-6.66%
1M-2.54%
6M+28.53%
YTD+59.96%
1Y+121.86%
Venue matrix
22 markets
Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.
| Trade | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Binance | Trade | NOK/USDT | Trading | $10.12 | +28.3% APR +0.026% every 8h | +9.9 bps | $383.9K | $5.2M | $6.7M | USDT | - | |
 LBank | Trade | NOK/USDT | Trading | $10.13 | +28.3% APR +0.026% every 8h | +9.9 bps | $695.6K | $3.6M | - | USDT | 50x | |
 Hyperliquid HIP-3 | Trade | xyz:NOK | Trading | $10.11 | +51.4% APR +0.00587% every 1h | +5.9 bps | $103.6K | $930.6K | $1.7M | USDC | 10x | |
 KuCoin | Trade | NOK/USDT | Trading | $10.12 | 0.0% APR 0.000% every 8h | +19.7 bps | $20K | $623.7K | $280K | USDT | 20x | |
 Gate.io | Trade | NOK/USDT | Trading | $10.13 | 0.0% APR 0.000% every 8h | +5.9 bps | - | $550.1K | $809K | USDT | 50x | |
 Deepcoin | Trade | NOK/USDT | Trading | $10.12 | - | +9.9 bps | $626.3K | $513.6K | - | USDT | 25x | |
 OKX | Trade | NOK/USDT | Trading | $10.13 | +36.0% APR +0.033% every 8h | +8.9 bps | $45.1K | $429.8K | $1.1M | USDT | 20x | |
 Phemex | Trade | NOK / USDT | Trading | $10.12 | 0.0% APR 0.000% every 8h | +19.8 bps | $51.7K | $343.6K | $1.5M | USDT | 10x | |
 Bybit | Trade | NOKIA/USDT | Trading | $10.13 | +37.2% APR +0.034% every 8h | +9.9 bps | $10.5K | $332.1K | $419.1K | USDT | 25x | |
 Extended | Trade | NOK/USD | Trading | $10.12 | +28.0% APR +0.00320% every 1h | +13.8 bps | $76.1K | $270K | $28.5K | USD | 10x | |
 Bitunix | Trade | NOK/USDT | Trading | $10.13 | +27.5% APR +0.025% every 8h | +9.9 bps | $845.3K | $197.4K | - | USDT | 20x | |
 Bitget | Trade | NOKSTOCK/USDT | Trading | $10.16 | 0.0% APR 0.000% every 8h | +4.9 bps | $283.9K | $166.5K | $1.8M | USDT | 20x | |
 MEXC | Trade | NOK/USDT | Trading | $10.11 | +27.9% APR +0.026% every 8h | +19.8 bps | $721K | $139.2K | $1.4M | USDT | 50x | |
 GRVT | Trade | NOK/USDT | Trading | $10.13 | 0.0% APR 0.000% every 8h | +19.8 bps | $80.2K | $100.3K | $3.4K | USDT | - | |
 HTX | Trade | NOK/USDT | Trading | $10.12 | - | +19.8 bps | $16.1K | $2.4K | - | USDT | - | |
 Aster | Trade | NOKUSDT | Trading | $10.09 | 0.0% APR 0.000% every 8h | +39.4 bps | $86.1K | $2.2K | $67.1K | USDT | - | |
 Crypto.com Exchange | Trade | NOK/USD | Trading | $10.11 | +167.4% APR +0.019% every 1h | +29.7 bps | $6.5K | $1.5K | $1.2K | USD | 50x | |
 Vest | Trade | NOK/USDC | Trading | $10.10 | +5.0% APR +0.00057% every 1h | +69.3 bps | $495.4K | - | - | USDC | 10x | |
 Ondo Perps | Trade | NOK/USD | Watchlist | - | - | - | - | - | - | USDC | 10x | |
 BingX | Trade | NOKUS-USDT | Trading | $10.12 | +33.1% APR +0.030% every 8h | +29.6 bps | $465.1K | $1.6M⚠ | $973.2 | USDT | - | |
 Ourbit | Trade | NOK/USDT | Trading | $10.12 | +27.9% APR +0.026% every 8h | +9.9 bps | - | $1.1M⚠ | $168.6K | USDT | 50x | |
 XT.com | Trade | NOK/USDT | Trading | $10.12 | +11.0% APR +0.010% every 8h | +49.3 bps | $7.1K | $585.9K⚠ | $56.2K | USDT | 20x |
Unverified volume: implausibly high against open interest, a typical sign of wash trading. These venues are listed last.
Tokenized wrappers of the real stock, tradable on-chain and on crypto exchanges around the clock. Premium/discount compares the token price to our stock reference price. Data: CoinMarketCap · Robinhood · DexScreener · GeckoTerminal.
| Product | Price | Premium vs stock | 24h Vol. | Market Cap | Chains |
|---|---|---|---|---|---|
| NOKBbStocks | $10.10 | -0.27% | $1.3M | $1.9M | BNB Smart Chain (BEP20) |
| rNOKTokenized | $10.02 | -1.04% | $61k | $635k | Arbitrum |
| Exchange | Pair | Price | 24h Vol. | Liquidity |
|---|---|---|---|---|
 pancakeswapDEX · bsc | NOKB/USDT ↗ | $10.12 | $91k | $48k |
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100k
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100kBroad liquidity · 16 of 21 venues absorb $10k · Typical cost: +13.2 bps – +48.4 bps
Cheapest execution: Bitget · +10.2 bps
Too thin: Aster, XT.com, Crypto.com Exchange
No fresh book data: Ourbit, Gate.io
Taker execution estimate incl. approx. fees - maker fills are not guaranteed.
Best venues for this underlying
Best liquidity
NOKTightest spread
NOKHighest volume
NOKFunding history
Stored venue snapshots by market
Funding history
Stored venue snapshots by marketCompany data
Company fundamentals
Updated 1h ago
Company data
Company fundamentals
Market cap
$56.1B
Updated 1h ago
Revenue
$23.1B
Trailing 12 months
Revenue growth
+4%
Next fiscal year
Profit margin
+4.7%
P/E
69.6
Peer P/E 30.6
Free cash flow
$609.6M
Trailing 12 months
More metrics
Net income
$1.1B
Trailing 12 months
P/S
2.4
Peer P/E
30.6
Similar listed perps
Revenue estimate
$23.6B
Next fiscal year
Earnings
2026-10-22
Revenue est. $5.7B · Updated 1h ago
Dividend
€0.04
2026-07-27
Fundamental detail
Annual + quarterlyLatest revenue$22.6B
Net margin+3.2%
Free cash flow$1.7B
Net debt-$1.2B
PeriodRevenueGrowthNet incomeFCF
2020$24.9B-6%-$2.8B$1.5B
2021$25.3B+2%$1.8B$2.3B
2022$28.3B+12%$4.8B$992.9M
2023$25.3B-11%$756.3M$756.3M
2024$21.9B-14%$1.5B$2.3B
2025$22.6B+3%$715.4M$1.7B
PeriodGross marginOperating marginNet marginROEROA
2020+37.6%+4.2%-11.1%-19.3%-6.7%
2021+39.8%+9.7%+7.3%+9.3%+4.1%
2022+41.0%+9.3%+17.1%+19.9%+9.9%
2023+39.7%+7.6%+3.0%+3.2%+1.7%
2024+46.1%+10.4%+6.6%+6.2%+3.3%
2025+42.1%+8.3%+3.2%+3.0%+1.7%
PeriodCashDebtNet debtCurrent ratio
2020$7.9B$7.4B-$516.4M1.55
2021$7.6B$6.4B-$1.2B1.62
2022$6.2B$6.3B$59.1M1.59
2023$7.1B$5.9B-$1.2B1.65
2024$7.5B$5.4B-$2.1B1.58
2025$6.2B$5B-$1.2B1.58
PeriodMarket capEnterprise valueP/SP/E
2020$20.1B$19.6B0.8-7.3
2021$35.7B$34.5B1.419.2
2022$27.6B$27.7B1.05.7
2023$19.3B$18.1B0.825.4
2024$26.6B$24.5B1.218.6
2025$34.3B$33.1B1.546.4
PeriodRevenueGrowthNet incomeFCF
Q3 2024$4.9B-13%$192.2M$707.4M
Q4 2024$6.8B+5%$916.7M$56.9M
Q1 2025$5B-6%-$67.1M$820M
Q2 2025$5.2B+2%$102.4M$100.1M
Q3 2025$5.5B+12%$367.4M$487.9M
Q4 2025$7B+2%$605.1M$258.2M
Q1 2026$5.1B+2%$97.8M$715.4M
Q2 2026$5.5B+6%$2.3M-$851.9M
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+43.5%+6.4%+3.9%+0.8%+0.4%
Q4 2024+100.0%+15.3%+13.5%+3.9%+2.1%
Q1 2025+41.5%-1.1%-1.3%-0.3%-0.2%
Q2 2025+43.4%+1.8%+2.0%+0.5%+0.2%
Q3 2025+44.2%+9.0%+6.7%+1.6%+0.9%
Q4 2025+45.0%+7.1%+8.7%+2.5%+1.4%
Q1 2026+44.2%+1.4%+1.9%+0.4%+0.2%
Q2 2026+45.0%+15.4%0.0%0.0%0.0%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$8B$5.2B-$3.5B1.72
Q4 2024$7.5B$5.4B-$2.1B1.58
Q1 2025$6.3B$5.8B-$543.7M1.36
Q2 2025$5.5B$4.7B-$792.7M1.46
Q3 2025$5.6B$4.6B-$940.6M1.48
Q4 2025$6.2B$5.9B-$286.6M1.58
Q1 2026$5.6B$3.8B-$1.8B1.57
Q2 2026$4.9B$3.8B-$1.1B1.51
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$24.4B$21.6B4.931.7
Q4 2024$26.2B$24.1B3.97.1
Q1 2025$29.6B$29.1B5.9-110.0
Q2 2025$27B$26.2B5.277.1
Q3 2025$25.1B$24.1B4.670.8
Q4 2025$34.9B$34.6B5.014.4
Q1 2026$43.2B$41.4B8.5110.4
Q2 2026$73.6B$72.5B13.49,633.3
Refreshed 1h ago
Charts: revenue, profit, cash flow & valuation
CashDebt
Gross marginOperating marginNet margin
P/EP/S
CashDebt
Gross marginOperating marginNet margin
P/EP/S
Next catalyst
Catalysts
Next catalyst
Catalysts
Earnings
2026-10-22
Revenue est. $5.7B · Updated 1h ago
Dividend
€0.04
2026-07-27
No unusual perp activity right now.
FMP reference data
Market context
FMP reference data
Market context
NASDAQ Helsinki
Research data
Analysts, filings and peer context
Research data
Analysts, filings and peer context
Estimates
6DateEPS estimateRevenue estimateGrowthAnalysts
FY 20260.34$23.6B+4%15
FY 20270.41$25.2B+12%15
FY 20280.48$26.9B+19%11
FY 20290.53$27.9B+24%4
FY 20300.63$28.4B+26%4
Q3 20260.06$5.8B+4%8
Company events
62026-10-22EarningsActual - / Estimate 0.06-
2026-07-27Dividend€0.04-
2026-07-23EarningsActual 0.07 / Estimate 0.05Beat
2026-04-28Dividend€0.047-
2026-04-27Dividend€0.04-
2026-04-23EarningsActual 0.05 / Estimate 0.04Beat
Peer comparison
Similar listed perpsAnalysts
PendingNo analyst data available yet.
Ownership
NOK-PERPOwnership data is being populated.
Transcripts
PendingNo transcripts available yet.
Company news
Reuters, WSJ, Bloomberg and FT first, as far as our news provider delivers them; other publishers behind the second filter. Headlines link to the publisher.No articles from Reuters, WSJ, Bloomberg or FT for this company in our feed.
FMP company data
Company intelligence
Updated: Sep 27, 2026, 10:42 AM UTC
FMP company data
Company intelligence
Company profile
- Sector
- Technology
- Industry
- Communication Equipment
- Chief executive
- Justin Hotard
- Employees
- 78,005
- IPO date
- Jan 3, 2000
- Country
- FI
- Exchange
- NASDAQ Helsinki
Altman Z-scorei2.82
Piotroski scorei8/9
FMP ratingiB
Owner earningsi-€716.48M-€0.12 per share
Rating factors
- Return on equityi
- 3
- Return on assetsi
- 3
- Debt to equityi
- 3
- Price to earningsi
- 1
- Price to booki
- 3
Market cap history
€51.10B-18.5%Jun 26 – Sep 26
Latest: €51.10B · 2026-09-25High: €62.72B · 2026-06-29Low: €44.39B · 2026-07-27
Largest fund holders
| Fund | Weight | Shares held |
|---|---|---|
| VXUS | 0.11% | 73.9M |
| VEA | 0.15% | 49.1M |
| IEFA | 0.21% | 37.9M |
| FCNKX | 0.23% | 35.3M |
| IEE | 0.4% | 17.9M |
| EFA | 0.25% | 17.9M |
| IVE.AX | 0.25% | 17.9M |
| XWD.TO | 0.06% | 17.9M |
| FSPSX | 0.21% | 16.2M |
| FLCNX | 0.33% | 13.6M |
| CMU.L | 5.38% | 13.2M |
| DFIV | 0.62% | 13.1M |
Analyst track record
How the analysts covering NOK have done: ratings, price-target accuracy and the measured reaction after their calls.
| 12 months | 3 years | |
|---|---|---|
| Ratings | 39 | 99 |
| Analysts | 16 | 19 |
| Buy / hold / sell | 33 / 5 / 1 | 81 / 14 / 4 |
| Upgrades / downgrades / initiations | 7 / 1 / 3 | 9 / 5 / 3 |
| Price targets hit / missed | 16 / 15 (52%) | 56 / 15 (79%) |
| Avg. return after a rating (TipRanks) | +5.5% | +55.1% |
| Best / worst call | +142.6% / -50.3% | +253.6% / -50.3% |
After buy calls on this stock: median 21-day move +6.6% vs S&P 500 +5.3% (n = 76)
Most accurate on this stock
Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.
- Tim SavageauxNorthland Securities46% hit rate on this stock · 13 targets measuredBuytarget $20.00Jul 24, 2026
Latest ratings
| Date | Analyst | Call | Target | |
|---|---|---|---|---|
| Sep 17, 2026 | Dave KangB. Riley Securities | BuyInitiated | $15.00 | article ↗ |
| Sep 17, 2026 | Dave KangB. Riley Securities | BuyInitiated | $15.00 | article ↗ |
| Sep 15, 2026 | Oliver WongBank of America Securities | BuyMaintained | – | article ↗ |
| Sep 15, 2026 | Oliver WongBank of America Securities | BuyMaintained | – | |
| Sep 15, 2026 | Michael GenoveseRosenblatt Securities | BuyInitiated | $15.00 | article ↗ |
Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.
TipRanks data via FMP · computed Sep 25, 2026 · 39 ratings
Frequently asked questions
Where can I trade NOK perpetual futures?
Nokia Oyj (NOK) perpetual futures trade on 21 crypto venues, including Binance, LBank, BingX. PerpEquities compares them by live price, funding rate, open interest and liquidity.
Can I trade NOK around the clock?
Yes. Unlike the underlying stock, NOK perpetuals trade 24/7 — including weekends and outside regular market hours.
What is the funding rate on NOK perpetuals?
Right now the NOK perp funding rate is +28.3% annualized (venue median), ranging from +28.3% to +28.3% across 21 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.
How does the NOK perp price compare to the Nokia Oyj stock?
The venue-median NOK perp mark is $10.1 versus a reference stock price of $10.1, a basis of -0.1%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.
What is a NOK perpetual future?
A NOK perpetual is a derivative that tracks the price of Nokia Oyj with no expiry date. It lets you take long or short exposure to Nokia Oyj on crypto venues, around the clock.
What is NOKUSDT perpetual?
NOKUSDT is the symbol most crypto exchanges use for the Nokia Oyj perpetual settled in USDT (Tether). It tracks the NOK share price through an index, trades 24/7 with leverage and never expires.
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