Arcus vs Kraken Futures
Kraken Futures traded 2.4× Arcus's 24-hour volume ($1.47B vs $618.3M) and holds 7.0× its open interest.
Head to head
the arrow points to the better figure| Arcus | Kraken Futures | |
|---|---|---|
| Trading | ||
| $4.51 | ◀BTC trade, $10k | $10.99 |
| $663 | ◀BTC trade, $1M | $1,466 |
| $3.7M | BTC book depth▶ | $81.3M |
| 0.022%/0.000% | ◀Taker / maker | 0.050%/0.020% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $618.3M | Volume 24h▶ | $1.47B |
| $460.8M | Volume, 7-day average▶ | $861.9M |
| $72.7M | Open interest▶ | $506.6M |
| $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 ETH
| Size | Arcus | Kraken Futures |
|---|---|---|
| $1k | $0.454.5 bp | $1.0410.4 bp |
| $10k | $5.035.0 bp | $12.4312.4 bp |
| $100k | $58.915.9 bp | $14614.6 bp |
| $1M | $9049.0 bp | $1,82018.2 bp |
| $5M | — | $13,21726.4 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% | +0.0218% | +0.0118% | −$28 |
| SOL | +0.0100% | +0.0508% | +0.0408% | −$23 |
| HYPE | +0.0100% | +0.0213% | +0.0113% | −$17 |
| ZEC | +0.0100% | +0.0031% | +0.0069% | −$4 |
| NEAR | +0.0366% | −0.0043% | +0.0409% | +$6 |
| ENA | +0.0601% | −0.0463% | +0.1064% | −$15 |
| FARTCOIN | +0.0838% | +0.0421% | +0.0417% | −$13 |
| PUMP | +0.0100% | +0.0164% | +0.0064% | −$64 |
| BNB | +0.0100% | −0.0200% | +0.0300% | −$14 |
| LINK | +0.0100% | +0.0182% | +0.0082% | −$55 |
| UNI | +0.0100% | +0.0164% | +0.0064% | −$52 |
| TAO | +0.0100% | −0.0078% | +0.0178% | −$33 |
| XRP | +0.0100% | −0.0101% | +0.0201% | −$11 |
| PONS | +0.0100% | +0.0269% | +0.0169% | +$72 |
| DOGE | +0.0100% | −0.0054% | +0.0154% | +$1 |
| SUI | +0.0100% | +0.0128% | +0.0028% | −$50 |
| AAVE | +0.0100% | −0.0179% | +0.0279% | −$13 |
| DYDX | +0.0100% | +0.0332% | +0.0232% | −$178 |
| WLFI | +0.0100% | −0.0160% | +0.0260% | — |
Only on Arcus: 20
USO · SLV · LIT · DRAM · MSFT · AMD · GME · CASHCAT · USAR · PLTR · ORCL · BABA · CRWV · BOT · BE · MRVL · CPER · USELESS · MRNA · QNT
Only on Kraken Futures: 164
LTC · XAUT · ADA · DOT · TRX · AVAX · XMR · ATOM · CRV · XLM · PEPE · ONDO · HBAR · FIL · ETC · PAXG · WLD · FET · XAG · POL · INJ · ASTER · SHIB · TRUMP · LDO · QNT · GALA · ALGO · XAU · SAND · SAMSUNG · BCH · XPL · STRK · ARB · ICP · APT · TIA · WIF · OP · ZRO · DASH · SUSHI · RENDER · ETHFI · VIRTUAL · MON · PYTH · ZEN · SEI · CL · COMP · JTO · BZ · 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 $10.99 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: 7 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 $212 left after costs.
Which is bigger, Arcus or Kraken Futures?
24-hour volume: Arcus $618.3M, Kraken Futures $1.47B. Open interest as each reports it: $72.7M and $506.6M. TVL: $43.8M and none published.