Arcus vs Kraken Futures
Kraken Futures traded 1.1× Arcus's 24-hour volume ($274.8M vs $246.2M) 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 | $10.65 |
| $659 | ◀BTC trade, $1M | $1,349 |
| $3.4M | BTC book depth▶ | $47.3M |
| 0.022%/0.000% | ◀Taker / maker | 0.050%/0.020% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $246.2M | Volume 24h▶ | $274.8M |
| $458.2M | Volume, 7-day average▶ | $785.2M |
| $100.5M | Open interest▶ | $510.7M |
| $48.9M | TVL | — |
| Markets | ||
| 60 | Markets▶ | 204 |
| 36 | Stocks & RWA≈ | 37 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0065% |
| — | BTC longs paid, 30d | +0.493% |
| 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 | $1.0210.2 bp |
| $10k | $4.514.5 bp | $10.6510.6 bp |
| $100k | $46.254.6 bp | $11511.5 bp |
| $1M | $6596.6 bp | $1,34913.5 bp |
| $5M | — | $8,96117.9 bp |
BTC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 40
funding /8h · Net 7d at $10k| Asset | Arcus | Kraken Futures | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0065% | +0.0035% | −$12 |
| ETH | +0.0100% | +0.0071% | +0.0029% | −$11 |
| HYPE | +0.0291% | +0.0164% | +0.0127% | −$22 |
| SOL | +0.0100% | +0.0088% | +0.0012% | −$21 |
| ZEC | +0.0100% | +0.0174% | +0.0074% | −$49 |
| NEAR | +0.0100% | +0.0158% | +0.0058% | −$70 |
| ENA | +0.0100% | +0.0032% | +0.0068% | +$22 |
| BNB | +0.0100% | +0.0048% | +0.0052% | −$20 |
| FARTCOIN | +0.0100% | +0.0878% | +0.0778% | −$104 |
| PUMP | +0.0100% | −0.0022% | +0.0122% | −$23 |
| XRP | +0.0100% | +0.0123% | +0.0023% | −$28 |
| UNI | +0.0199% | +0.0080% | +0.0119% | −$25 |
| LINK | +0.0100% | +0.0206% | +0.0106% | −$44 |
| AAVE | +0.0100% | +0.0301% | +0.0201% | −$51 |
| PONS | +0.0100% | +0.0732% | +0.0632% | +$89 |
| SUI | +0.0100% | +0.0147% | +0.0047% | −$53 |
| DOGE | +0.0100% | +0.0007% | +0.0093% | −$12 |
| TAO | +0.0100% | +0.0160% | +0.0060% | −$45 |
| DYDX | +0.0086% | −0.0166% | +0.0252% | — |
| PENGU | +0.0100% | +0.0255% | +0.0155% | −$58 |
Only on Arcus: 20
LIT · SLV · USO · DRAM · MSFT · AMD · GME · USAR · PLTR · CASHCAT · BABA · CRWV · CPER · BE · ORCL · USELESS · MRNA · MRVL · BOT · QNT
Only on Kraken Futures: 164
XAUT · LTC · ADA · DOT · TRX · AVAX · XMR · ATOM · CRV · XLM · PEPE · ONDO · HBAR · FIL · ETC · FET · WLD · PAXG · INJ · QNT · XAG · POL · ALGO · ASTER · GALA · LDO · ICP · ARB · SHIB · TRUMP · STRK · BCH · XAU · SAMSUNG · SAND · XPL · DASH · TIA · OP · APT · RENDER · WIF · VIRTUAL · JTO · MON · ZEN · ZRO · SUSHI · SEI · PYTH · ETHFI · COMP · GRASS · BZ · XTZ · CL · APE · JASMY · STX · ZK · 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 $10.65 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 $363 left after costs.
Which is bigger, Arcus or Kraken Futures?
24-hour volume: Arcus $246.2M, Kraken Futures $274.8M. Open interest as each reports it: $100.5M and $510.7M. TVL: $48.9M and none published.