Arcus vs Kraken Futures
Kraken Futures traded 1.1× Arcus's 24-hour volume ($275.1M 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 | $10.12 |
| $626 | ◀BTC trade, $1M | $1,408 |
| $3.4M | BTC book depth▶ | $72.3M |
| 0.022%/0.000% | ◀Taker / maker | 0.050%/0.020% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $246.2M | Volume 24h▶ | $275.1M |
| $458.2M | Volume, 7-day average▶ | $785.2M |
| $100.6M | 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 | +0.0065% |
| — | 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 | $1.0110.1 bp |
| $10k | $4.514.5 bp | $10.1210.1 bp |
| $100k | $45.804.6 bp | $11411.4 bp |
| $1M | $6266.3 bp | $1,40814.1 bp |
| $5M | — | $8,56317.1 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 |
|---|---|---|---|---|
| QQQ | +0.0038% | −0.0280% | +0.0318% | −$15 |
| SPY | +0.0038% | −0.0601% | +0.0639% | −$33 |
| NVDA | +0.0038% | +0.0549% | +0.0511% | −$38 |
| GLD | +0.0038% | +0.0320% | +0.0282% | +$363 |
| GOOGL | +0.0038% | +0.0094% | +0.0056% | −$33 |
| AAPL | +0.0038% | +0.1150% | +0.1112% | −$11 |
| SPCX | +0.0038% | +0.0265% | +0.0227% | −$11 |
| AMZN | +0.0038% | +0.0365% | +0.0327% | −$11 |
| HOOD | +0.0038% | −0.0806% | +0.0844% | +$45 |
| CRCL | +0.0038% | +0.1410% | +0.1372% | −$8 |
| TSLA | +0.0038% | +0.0650% | +0.0612% | −$11 |
| META | +0.0038% | +0.0887% | +0.0849% | −$26 |
| MSTR | +0.0038% | +0.0934% | +0.0896% | −$18 |
| MU | +0.0038% | −0.0008% | +0.0046% | −$27 |
| SNDK | +0.0038% | +0.0015% | +0.0023% | −$51 |
| SKHY | +0.0038% | +0.0163% | +0.0125% | −$54 |
| COIN | +0.0038% | +0.0478% | +0.0440% | −$75 |
| INTC | +0.0038% | +0.0389% | +0.0351% | — |
| NBIS | +0.0038% | −0.0451% | +0.0489% | — |
Only on Arcus: 20
LIT · SLV · USO · DRAM · MSFT · AMD · GME · USAR · PLTR · CASHCAT · BABA · CRWV · BE · CPER · 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 · ZK · 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 $10.12 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 $275.1M. Open interest as each reports it: $100.6M and $510.5M. TVL: $48.9M and none published.