Arcus vs Kraken Futures
Kraken Futures traded 2.3× Arcus's 24-hour volume ($1.46B vs $623.3M) and holds 7.1× its open interest.
Head to head
the arrow points to the better figure| Arcus | Kraken Futures | |
|---|---|---|
| Trading | ||
| $4.51 | ◀BTC trade, $10k | $11.00 |
| $706 | ◀BTC trade, $1M | $1,467 |
| $3.4M | BTC book depth▶ | $79.9M |
| 0.022%/0.000% | ◀Taker / maker | 0.050%/0.020% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $623.3M | Volume 24h▶ | $1.46B |
| $460.8M | Volume, 7-day average▶ | $861.9M |
| $70.9M | Open interest▶ | $505.8M |
| $43.8M | TVL | — |
| Markets | ||
| 60 | Markets▶ | 204 |
| 36 | Stocks & RWA≈ | 37 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0124% |
| — | BTC longs paid, 30d | +0.506% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Arcus | Kraken Futures |
|---|---|---|
| $1k | $0.454.5 bp | $1.0210.2 bp |
| $10k | $4.514.5 bp | $11.0011.0 bp |
| $100k | $49.444.9 bp | $12112.1 bp |
| $1M | $7067.1 bp | $1,46714.7 bp |
| $5M | — | $9,03218.1 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 40
funding /8h · Net 7d at $10k| Asset | Arcus | Kraken Futures | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0124% | +0.0024% | −$22 |
| ETH | +0.0100% | +0.0219% | +0.0119% | −$26 |
| SOL | +0.0100% | +0.0511% | +0.0411% | −$23 |
| HYPE | +0.0100% | +0.0213% | +0.0113% | −$21 |
| ZEC | +0.0100% | +0.0032% | +0.0068% | −$8 |
| NEAR | +0.0100% | −0.0043% | +0.0143% | −$3 |
| ENA | +0.0327% | −0.0462% | +0.0788% | −$16 |
| FARTCOIN | +0.0761% | +0.0422% | +0.0339% | −$22 |
| UNI | +0.0100% | +0.0165% | +0.0065% | −$57 |
| PUMP | +0.0100% | +0.0166% | +0.0066% | −$66 |
| BNB | +0.0100% | −0.0200% | +0.0300% | −$15 |
| LINK | +0.0100% | +0.0182% | +0.0082% | −$56 |
| TAO | +0.0170% | −0.0078% | +0.0249% | −$37 |
| XRP | +0.0100% | −0.0101% | +0.0201% | −$13 |
| PONS | +0.0100% | +0.0269% | +0.0169% | +$66 |
| DOGE | +0.0100% | −0.0054% | +0.0154% | $0 |
| SUI | +0.0100% | +0.0128% | +0.0028% | −$52 |
| AAVE | +0.0100% | −0.0179% | +0.0279% | −$17 |
| DYDX | +0.0100% | +0.0334% | +0.0234% | −$178 |
| WLFI | +0.0100% | −0.0160% | +0.0260% | — |
Only on Arcus: 20
SLV · USO · DRAM · LIT · MSFT · AMD · GME · CASHCAT · USAR · ORCL · PLTR · BABA · BOT · CRWV · BE · MRVL · CPER · USELESS · MRNA · QNT
Only on Kraken Futures: 164
XAUT · LTC · ADA · DOT · TRX · AVAX · XMR · ATOM · CRV · XLM · PEPE · ONDO · HBAR · FIL · ETC · PAXG · WLD · FET · POL · XAG · INJ · ASTER · SHIB · TRUMP · LDO · ALGO · GALA · QNT · XAU · SAMSUNG · SAND · BCH · XPL · ARB · ICP · STRK · APT · WIF · TIA · OP · ZRO · DASH · SUSHI · ETHFI · RENDER · VIRTUAL · MON · PYTH · ZEN · CL · SEI · COMP · BZ · JTO · XTZ · APE · EGLD · MANA · GRASS · RAY · and 104 more
Questions
Is Arcus or Kraken Futures cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $4.51 on Arcus and $11.00 on Kraken Futures right now, taker fee and order-book slippage together, so Arcus is cheaper. Taker fees: 0.0225% and 0.05%.
Which has more markets, Arcus or Kraken Futures?
Arcus lists 60 active markets and Kraken Futures 204; 40 assets trade on both, 19 of them stocks, commodities or other real-world assets.
Does Arcus or Kraken Futures require KYC?
Arcus: No ID; not available in the US, Canada, the UK or sanctioned regions. Kraken Futures: Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.
Can you arbitrage funding between Arcus and Kraken Futures?
Yes: 6 of the assets on both paid more in funding over the last 7 days than a $10k round trip on both costs. The best was GLD, long on Arcus and short on Kraken Futures, with $219 left after costs.
Which is bigger, Arcus or Kraken Futures?
24-hour volume: Arcus $623.3M, Kraken Futures $1.46B. Open interest as each reports it: $70.9M and $505.8M. TVL: $43.8M and none published.