Arcus vs Kraken Futures
Kraken Futures traded 2.4× Arcus's 24-hour volume ($1.42B vs $587.5M) and holds 6.8× its open interest.
Head to head
the arrow points to the better figure| Arcus | Kraken Futures | |
|---|---|---|
| Trading | ||
| $4.51 | ◀BTC trade, $10k | $10.62 |
| $643 | ◀BTC trade, $1M | $1,425 |
| $3.3M | BTC book depth▶ | $80.4M |
| 0.022%/0.000% | ◀Taker / maker | 0.050%/0.020% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $587.5M | Volume 24h▶ | $1.42B |
| $460.8M | Volume, 7-day average▶ | $861.9M |
| $75.0M | Open interest▶ | $509.3M |
| $43.8M | TVL | — |
| Markets | ||
| 60 | Markets▶ | 204 |
| 36 | Stocks & RWA≈ | 37 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0200% |
| — | BTC longs paid, 30d | +0.508% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade SOL
| Size | Arcus | Kraken Futures |
|---|---|---|
| $1k | $0.464.6 bp | $1.1811.8 bp |
| $10k | $4.594.6 bp | $13.1913.2 bp |
| $100k | $65.406.5 bp | $18118.1 bp |
| $1M | $1,18111.8 bp | $2,49324.9 bp |
| $5M | — | $21,04042.1 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% | +0.0200% | +0.0100% | −$22 |
| ETH | +0.0100% | +0.0188% | +0.0088% | −$27 |
| SOL | +0.0100% | +0.0292% | +0.0192% | −$22 |
| HYPE | +0.0100% | +0.0234% | +0.0134% | −$19 |
| ZEC | +0.0100% | −0.0481% | +0.0581% | −$7 |
| NEAR | +0.0439% | +0.0656% | +0.0216% | −$70 |
| ENA | +0.0304% | −0.0087% | +0.0390% | −$13 |
| FARTCOIN | +0.0974% | +0.0205% | +0.0769% | −$12 |
| BNB | +0.0100% | −0.0244% | +0.0344% | −$15 |
| LINK | +0.0100% | +0.0162% | +0.0062% | −$53 |
| PUMP | +0.0100% | +0.0369% | +0.0269% | −$57 |
| UNI | +0.0100% | +0.0050% | +0.0050% | −$22 |
| XRP | +0.0100% | +0.0003% | +0.0097% | −$10 |
| TAO | +0.0180% | −0.0071% | +0.0251% | −$32 |
| PONS | +0.0100% | +0.0696% | +0.0596% | +$52 |
| SUI | +0.0100% | +0.0005% | +0.0095% | −$18 |
| DOGE | +0.0100% | +0.0060% | +0.0040% | +$3 |
| AAVE | +0.0100% | −0.0174% | +0.0274% | −$12 |
| DYDX | +0.0100% | −0.0053% | +0.0153% | −$94 |
| WLFI | +0.0100% | −0.0031% | +0.0131% | — |
Only on Arcus: 20
USO · SLV · LIT · DRAM · MSFT · AMD · GME · CASHCAT · USAR · BABA · ORCL · PLTR · 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 · POL · XAG · INJ · ASTER · SHIB · TRUMP · LDO · QNT · ALGO · GALA · SAND · XAU · SAMSUNG · BCH · XPL · STRK · ARB · ICP · APT · TIA · WIF · OP · ZRO · RENDER · SUSHI · DASH · ETHFI · VIRTUAL · MON · PYTH · ZEN · SEI · CL · COMP · JTO · XTZ · BZ · APE · MANA · EGLD · GRASS · 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 $10.62 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 $233 left after costs.
Which is bigger, Arcus or Kraken Futures?
24-hour volume: Arcus $587.5M, Kraken Futures $1.42B. Open interest as each reports it: $75.0M and $509.3M. TVL: $43.8M and none published.
