Arcus vs Kraken Futures
Kraken Futures traded 2.4× Arcus's 24-hour volume ($1.40B vs $574.4M) and holds 6.7× its open interest.
Head to head
the arrow points to the better figure| Arcus | Kraken Futures | |
|---|---|---|
| Trading | ||
| $4.51 | ◀BTC trade, $10k | $10.87 |
| $620 | ◀BTC trade, $1M | $1,400 |
| $3.5M | BTC book depth▶ | $75.9M |
| 0.022%/0.000% | ◀Taker / maker | 0.050%/0.020% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $574.4M | Volume 24h▶ | $1.40B |
| $460.8M | Volume, 7-day average▶ | $861.9M |
| $76.0M | Open interest▶ | $509.4M |
| $43.8M | TVL | — |
| Markets | ||
| 60 | Markets▶ | 204 |
| 36 | Stocks & RWA≈ | 37 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0201% |
| — | BTC longs paid, 30d | +0.509% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade ETH
| Size | Arcus | Kraken Futures |
|---|---|---|
| $1k | $0.555.5 bp | $1.0410.4 bp |
| $10k | $5.565.6 bp | $10.8910.9 bp |
| $100k | $62.136.2 bp | $13713.7 bp |
| $1M | $9249.2 bp | $1,75917.6 bp |
| $5M | — | $12,47424.9 bp |
ENA funding per day
pair pageSize
daily, last 30 daysVolume by asset class
last 30 daysOn both: 40
funding /8h · Net 7d at $10k| Asset | Arcus | Kraken Futures | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0201% | +0.0101% | −$22 |
| ETH | +0.0100% | +0.0218% | +0.0118% | −$26 |
| SOL | +0.0100% | +0.0424% | +0.0324% | −$23 |
| HYPE | +0.0134% | +0.0230% | +0.0096% | −$16 |
| ZEC | +0.0100% | −0.0098% | +0.0198% | −$1 |
| NEAR | +0.0279% | +0.0788% | +0.0509% | −$65 |
| ENA | +0.0359% | +0.0010% | +0.0348% | −$10 |
| FARTCOIN | +0.0977% | +0.0236% | +0.0741% | −$10 |
| BNB | +0.0100% | −0.0197% | +0.0297% | −$13 |
| PUMP | +0.0100% | +0.0379% | +0.0279% | −$57 |
| LINK | +0.0100% | +0.0210% | +0.0110% | −$55 |
| UNI | +0.0100% | +0.0153% | +0.0053% | −$49 |
| XRP | +0.0100% | +0.0308% | +0.0208% | −$37 |
| TAO | +0.0100% | −0.0028% | +0.0128% | −$31 |
| PONS | +0.0100% | +0.1347% | +0.1247% | +$70 |
| SUI | +0.0100% | +0.0083% | +0.0017% | −$18 |
| DOGE | +0.0100% | −0.0203% | +0.0303% | +$2 |
| AAVE | +0.0100% | −0.0017% | +0.0117% | −$13 |
| DYDX | +0.0100% | +0.0047% | +0.0053% | −$99 |
| WLFI | +0.0100% | −0.0119% | +0.0219% | — |
Only on Arcus: 20
SLV · USO · LIT · DRAM · MSFT · AMD · GME · CASHCAT · USAR · BABA · ORCL · PLTR · CRWV · BOT · BE · MRVL · USELESS · CPER · 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 · POL · XAG · INJ · ASTER · QNT · SHIB · TRUMP · LDO · ALGO · GALA · SAND · XAU · SAMSUNG · BCH · STRK · XPL · ARB · ICP · APT · WIF · OP · TIA · RENDER · ETHFI · SUSHI · ZRO · DASH · VIRTUAL · MON · PYTH · ZEN · SEI · COMP · CL · XTZ · BZ · JTO · APE · GRASS · MANA · EGLD · KAS · 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 $10.87 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: 5 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 $221 left after costs.
Which is bigger, Arcus or Kraken Futures?
24-hour volume: Arcus $574.4M, Kraken Futures $1.40B. Open interest as each reports it: $76.0M and $509.4M. TVL: $43.8M and none published.