Arcus vs Kraken Futures
Kraken Futures traded 1.1× Arcus's 24-hour volume ($280.3M vs $245.1M) 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 | $11.59 |
| $642 | ◀BTC trade, $1M | $1,397 |
| $3.5M | BTC book depth▶ | $74.3M |
| 0.022%/0.000% | ◀Taker / maker | 0.050%/0.020% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $245.1M | Volume 24h▶ | $280.3M |
| $458.2M | Volume, 7-day average▶ | $785.2M |
| $100.9M | Open interest▶ | $512.0M |
| $48.9M | TVL | — |
| Markets | ||
| 60 | Markets▶ | 204 |
| 36 | Stocks & RWA≈ | 37 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0096% |
| — | BTC longs paid, 30d | +0.494% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Arcus | Kraken Futures |
|---|---|---|
| $1k | $0.454.5 bp | $1.1111.1 bp |
| $10k | $4.514.5 bp | $11.5911.6 bp |
| $100k | $46.814.7 bp | $12212.2 bp |
| $1M | $6426.4 bp | $1,39714.0 bp |
| $5M | — | $8,76617.5 bp |
BNB 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 |
|---|---|---|---|---|
| QQQ | +0.0038% | −0.0299% | +0.0337% | −$10 |
| SPY | +0.0038% | −0.0653% | +0.0691% | −$32 |
| NVDA | +0.0038% | +0.1495% | +0.1457% | −$31 |
| GLD | +0.0038% | +0.0226% | +0.0188% | +$366 |
| GOOGL | +0.0038% | +0.0174% | +0.0136% | −$41 |
| AAPL | +0.0038% | +0.0366% | +0.0328% | −$13 |
| SPCX | +0.0038% | +0.0316% | +0.0278% | −$9 |
| AMZN | +0.0038% | −0.0983% | +0.1021% | −$92 |
| HOOD | +0.0038% | −0.1463% | +0.1501% | +$23 |
| CRCL | +0.0038% | +0.1489% | +0.1451% | −$14 |
| TSLA | +0.0038% | +0.0273% | +0.0235% | −$10 |
| META | +0.0038% | −0.0424% | +0.0462% | −$57 |
| MSTR | +0.0038% | +0.3388% | +0.3350% | −$35 |
| MU | +0.0038% | −0.0026% | +0.0064% | −$76 |
| SNDK | +0.0038% | +0.0054% | +0.0016% | −$14 |
| SKHY | +0.0038% | +0.0221% | +0.0183% | −$68 |
| COIN | +0.0038% | +0.1253% | +0.1215% | −$93 |
| INTC | +0.0038% | −0.0987% | +0.1024% | — |
| NBIS | +0.0038% | −0.0952% | +0.0990% | — |
Only on Arcus: 20
LIT · SLV · USO · DRAM · MSFT · AMD · GME · USAR · PLTR · CASHCAT · BABA · CRWV · BE · CPER · ORCL · MRNA · MRVL · USELESS · BOT · QNT
Only on Kraken Futures: 164
XAUT · LTC · ADA · DOT · TRX · AVAX · XMR · ATOM · CRV · XLM · PEPE · ONDO · HBAR · FIL · ETC · WLD · FET · PAXG · INJ · QNT · XAG · POL · ALGO · GALA · ASTER · LDO · ICP · ARB · SHIB · STRK · TRUMP · BCH · XAU · SAMSUNG · XPL · SAND · DASH · TIA · OP · APT · RENDER · WIF · VIRTUAL · JTO · MON · ZRO · ZEN · SUSHI · SEI · ETHFI · PYTH · GRASS · COMP · XTZ · BZ · CL · APE · 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 $11.59 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: 4 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 $366 left after costs.
Which is bigger, Arcus or Kraken Futures?
24-hour volume: Arcus $245.1M, Kraken Futures $280.3M. Open interest as each reports it: $100.9M and $512.0M. TVL: $48.9M and none published.