Arcus vs Kraken Futures
Kraken Futures traded 1.1× Arcus's 24-hour volume ($279.6M 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▶ | $279.6M |
| $458.2M | Volume, 7-day average▶ | $785.2M |
| $100.8M | Open interest▶ | $512.2M |
| $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, since Jul 1Volume by asset class
last yearOn both: 40
funding /8h · Net 7d at $10k| Asset | Arcus | Kraken Futures | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0096% | +0.0004% | −$13 |
| ETH | +0.0100% | +0.0087% | +0.0013% | −$12 |
| HYPE | +0.0100% | +0.0194% | +0.0094% | −$23 |
| SOL | +0.0100% | +0.0157% | +0.0057% | −$15 |
| ZEC | +0.0100% | +0.0293% | +0.0193% | −$46 |
| NEAR | +0.0100% | +0.0114% | +0.0014% | −$73 |
| ENA | +0.0226% | −0.0086% | +0.0312% | +$23 |
| BNB | +0.0100% | +0.0103% | +0.0003% | −$40 |
| FARTCOIN | +0.0100% | +0.0809% | +0.0708% | −$112 |
| XRP | +0.0100% | +0.0209% | +0.0109% | −$28 |
| PUMP | +0.0101% | +0.0107% | +0.0006% | −$49 |
| UNI | +0.0100% | +0.0110% | +0.0010% | −$50 |
| LINK | +0.0100% | +0.0190% | +0.0090% | −$42 |
| PONS | +0.0100% | +0.0897% | +0.0796% | +$77 |
| AAVE | +0.0100% | +0.0282% | +0.0183% | −$55 |
| SUI | +0.0100% | +0.0191% | +0.0091% | −$49 |
| DOGE | +0.0100% | +0.0138% | +0.0038% | −$43 |
| TAO | +0.0100% | +0.0549% | +0.0450% | −$48 |
| DYDX | −0.0289% | −0.0226% | +0.0063% | — |
| PENGU | +0.0100% | +0.0165% | +0.0065% | −$52 |
Only on Arcus: 20
LIT · SLV · USO · DRAM · MSFT · AMD · GME · USAR · PLTR · CASHCAT · BABA · CRWV · BE · CPER · ORCL · MRNA · USELESS · MRVL · 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 · ZEN · ZRO · 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 $279.6M. Open interest as each reports it: $100.8M and $512.2M. TVL: $48.9M and none published.
