Arcus vs Kraken Futures
Kraken Futures traded 1.9× Arcus's 24-hour volume ($640.6M vs $333.4M) and holds 5.8× its open interest.
Head to head
the arrow points to the better figure| Arcus | Kraken Futures | |
|---|---|---|
| Trading | ||
| $4.51 | ◀BTC trade, $10k | $10.12 |
| $667 | ◀BTC trade, $1M | $1,388 |
| $3.3M | BTC book depth▶ | $79.1M |
| 0.022%/0.000% | ◀Taker / maker | 0.050%/0.020% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $333.4M | Volume 24h▶ | $640.6M |
| $451.3M | Volume, 7-day average▶ | $789.0M |
| $86.7M | Open interest▶ | $499.1M |
| $47.4M | TVL | — |
| Markets | ||
| 60 | Markets▶ | 204 |
| 36 | Stocks & RWA≈ | 37 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0084% |
| — | BTC longs paid, 30d | +0.504% |
| 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 | $4.694.7 bp | $10.5810.6 bp |
| $100k | $52.765.3 bp | $12312.3 bp |
| $1M | $9229.2 bp | $1,64716.5 bp |
| $5M | — | $11,73323.5 bp |
BTC 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% | +0.0084% | +0.0016% | −$10 |
| ETH | +0.0100% | +0.0065% | +0.0035% | −$6 |
| HYPE | +0.0240% | +0.0131% | +0.0109% | −$30 |
| SOL | +0.0100% | +0.0073% | +0.0027% | −$20 |
| NEAR | +0.0273% | +0.0024% | +0.0249% | +$13 |
| ZEC | +0.0100% | +0.0047% | +0.0053% | +$1 |
| ENA | +0.1044% | −0.0487% | +0.1532% | +$5 |
| PUMP | +0.0281% | −0.0059% | +0.0340% | −$18 |
| BNB | +0.0100% | +0.0338% | +0.0238% | −$45 |
| FARTCOIN | +0.0314% | +0.0031% | +0.0283% | −$12 |
| UNI | +0.0100% | +0.0135% | +0.0035% | −$54 |
| LINK | +0.0100% | −0.0021% | +0.0121% | −$19 |
| XRP | +0.0100% | −0.0044% | +0.0144% | −$7 |
| PONS | +0.0100% | +0.1214% | +0.1114% | +$67 |
| SUI | +0.0100% | −0.0233% | +0.0333% | −$29 |
| DOGE | +0.0100% | +0.0127% | +0.0027% | −$45 |
| AAVE | +0.0100% | +0.0264% | +0.0164% | −$66 |
| TAO | +0.0100% | +0.0065% | +0.0035% | −$33 |
| DYDX | +0.0100% | +0.0180% | +0.0080% | — |
| PENGU | +0.0100% | −0.0094% | +0.0194% | −$32 |
Only on Arcus: 20
LIT · USO · SLV · DRAM · MSFT · AMD · GME · USAR · PLTR · CASHCAT · BABA · BE · ORCL · CPER · CRWV · MRVL · BOT · MRNA · USELESS · QNT
Only on Kraken Futures: 164
LTC · XAUT · ADA · DOT · TRX · XMR · AVAX · ATOM · CRV · XLM · PEPE · ONDO · HBAR · FIL · ETC · WLD · PAXG · FET · INJ · QNT · XAG · POL · GALA · ALGO · ASTER · LDO · TRUMP · SHIB · ARB · SAND · BCH · XAU · SAMSUNG · STRK · ICP · XPL · RENDER · OP · APT · WIF · DASH · VIRTUAL · TIA · MON · ZRO · ZEN · SUSHI · SEI · PYTH · COMP · CL · ETHFI · JTO · APE · XTZ · BZ · GRASS · JASMY · JUP · MANA · 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 $10.12 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 $152 left after costs.
Which is bigger, Arcus or Kraken Futures?
24-hour volume: Arcus $333.4M, Kraken Futures $640.6M. Open interest as each reports it: $86.7M and $499.1M. TVL: $47.4M and none published.
