Arcus vs Kraken Futures
Kraken Futures traded 1.2× Arcus's 24-hour volume ($287.6M vs $241.0M) and holds 5.1× its open interest.
Head to head
the arrow points to the better figure| Arcus | Kraken Futures | |
|---|---|---|
| Trading | ||
| $4.51 | ◀BTC trade, $10k | $10.29 |
| $598 | ◀BTC trade, $1M | $1,341 |
| $3.7M | BTC book depth▶ | $74.0M |
| 0.022%/0.000% | ◀Taker / maker | 0.050%/0.020% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $241.0M | Volume 24h▶ | $287.6M |
| $458.2M | Volume, 7-day average▶ | $785.2M |
| $99.6M | Open interest▶ | $510.5M |
| $48.9M | TVL | — |
| Markets | ||
| 60 | Markets▶ | 204 |
| 36 | Stocks & RWA≈ | 37 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0049% |
| — | BTC longs paid, 30d | +0.491% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade ETH
| Size | Arcus | Kraken Futures |
|---|---|---|
| $1k | $0.505.0 bp | $1.0410.4 bp |
| $10k | $5.025.0 bp | $10.4810.5 bp |
| $100k | $51.115.1 bp | $13213.2 bp |
| $1M | $9199.2 bp | $1,66016.6 bp |
| $5M | — | $11,23822.5 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% | +0.0049% | +0.0051% | −$12 |
| ETH | −0.0147% | +0.0013% | +0.0160% | −$22 |
| HYPE | +0.0100% | +0.0068% | +0.0032% | −$25 |
| SOL | +0.0100% | +0.0110% | +0.0010% | −$14 |
| ZEC | +0.0100% | +0.0021% | +0.0079% | $0 |
| NEAR | +0.0100% | +0.0237% | +0.0137% | −$74 |
| ENA | +0.0106% | +0.0064% | +0.0042% | +$23 |
| BNB | +0.0100% | −0.0013% | +0.0113% | −$20 |
| FARTCOIN | +0.0100% | +0.0658% | +0.0558% | −$111 |
| XRP | +0.0100% | +0.0034% | +0.0066% | −$10 |
| PUMP | +0.0100% | +0.0151% | +0.0051% | −$57 |
| UNI | +0.0100% | +0.0002% | +0.0098% | −$24 |
| LINK | +0.0100% | +0.0244% | +0.0144% | −$46 |
| PONS | +0.0100% | +0.0927% | +0.0827% | +$68 |
| AAVE | +0.0100% | +0.0237% | +0.0137% | −$55 |
| SUI | +0.0100% | +0.0209% | +0.0109% | −$51 |
| DOGE | +0.0100% | +0.0053% | +0.0047% | −$11 |
| TAO | +0.0100% | +0.0149% | +0.0049% | −$39 |
| DYDX | −0.0187% | −0.0405% | +0.0218% | — |
| PENGU | +0.0100% | +0.0139% | +0.0039% | −$59 |
Only on Arcus: 20
LIT · SLV · USO · DRAM · AMD · MSFT · GME · USAR · CASHCAT · PLTR · BABA · CRWV · BE · CPER · ORCL · MRVL · USELESS · MRNA · BOT · QNT
Only on Kraken Futures: 164
LTC · XAUT · ADA · DOT · TRX · AVAX · XMR · ATOM · CRV · XLM · PEPE · ONDO · HBAR · FIL · ETC · WLD · FET · PAXG · INJ · QNT · XAG · POL · ALGO · GALA · ASTER · LDO · ARB · SHIB · ICP · STRK · TRUMP · BCH · XAU · SAMSUNG · SAND · XPL · TIA · DASH · APT · OP · RENDER · WIF · VIRTUAL · JTO · MON · ZEN · ZRO · SUSHI · SEI · PYTH · ETHFI · GRASS · COMP · XTZ · BZ · APE · CL · ZK · JASMY · STX · 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 $10.29 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 $345 left after costs.
Which is bigger, Arcus or Kraken Futures?
24-hour volume: Arcus $241.0M, Kraken Futures $287.6M. Open interest as each reports it: $99.6M and $510.5M. TVL: $48.9M and none published.
