Arcus vs Kraken Futures
Kraken Futures traded 2.4× Arcus's 24-hour volume ($1.47B vs $617.9M) and holds 7.0× its open interest.
Head to head
the arrow points to the better figure| Arcus | Kraken Futures | |
|---|---|---|
| Trading | ||
| $4.51 | ◀BTC trade, $10k | $11.23 |
| $680 | ◀BTC trade, $1M | $1,453 |
| $3.5M | BTC book depth▶ | $82.4M |
| 0.022%/0.000% | ◀Taker / maker | 0.050%/0.020% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $617.9M | Volume 24h▶ | $1.47B |
| $460.8M | Volume, 7-day average▶ | $861.9M |
| $72.8M | Open interest▶ | $507.0M |
| $43.8M | TVL | — |
| Markets | ||
| 60 | Markets▶ | 204 |
| 36 | Stocks & RWA≈ | 37 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0124% |
| — | BTC longs paid, 30d | +0.506% |
| 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 | $1.0710.7 bp |
| $10k | $4.514.5 bp | $11.2311.2 bp |
| $100k | $48.744.9 bp | $12112.1 bp |
| $1M | $6806.8 bp | $1,45314.5 bp |
| $5M | — | $8,77317.5 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 |
|---|---|---|---|---|
| NVDA | +0.0038% | −0.0001% | +0.0038% | +$16 |
| QQQ | +0.0038% | +0.0093% | +0.0055% | −$42 |
| SPY | +0.0038% | +0.0342% | +0.0304% | +$8 |
| GLD | +0.0038% | +0.2510% | +0.2472% | +$224 |
| GOOGL | +0.0038% | −0.0071% | +0.0109% | −$12 |
| AAPL | +0.0038% | +0.0305% | +0.0267% | −$25 |
| AMZN | +0.0038% | +0.0513% | +0.0475% | −$19 |
| HOOD | +0.0038% | −0.0496% | +0.0534% | −$2 |
| SPCX | +0.0038% | +0.0658% | +0.0620% | −$21 |
| CRCL | +0.0038% | +0.0013% | +0.0025% | −$2 |
| TSLA | +0.0038% | +0.0250% | +0.0212% | −$37 |
| META | +0.0038% | +0.0217% | +0.0179% | −$45 |
| MSTR | +0.0038% | +0.0101% | +0.0063% | −$41 |
| MU | +0.0038% | +0.0493% | +0.0455% | −$55 |
| SNDK | +0.0038% | +0.0347% | +0.0310% | −$8 |
| COIN | +0.0038% | +0.3543% | +0.3505% | −$211 |
| SKHY | +0.0038% | +0.0053% | +0.0015% | −$66 |
| INTC | +0.0038% | +0.0323% | +0.0285% | — |
| NBIS | +0.0038% | +0.0107% | — | — |
Only on Arcus: 20
USO · SLV · LIT · DRAM · MSFT · AMD · GME · CASHCAT · USAR · PLTR · ORCL · BABA · 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 · XAG · POL · INJ · ASTER · SHIB · QNT · TRUMP · LDO · GALA · ALGO · XAU · SAND · SAMSUNG · BCH · XPL · ARB · STRK · ICP · APT · TIA · WIF · OP · ZRO · DASH · SUSHI · RENDER · ETHFI · VIRTUAL · MON · PYTH · ZEN · SEI · CL · COMP · JTO · BZ · XTZ · APE · EGLD · MANA · GRASS · RAY · 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 $11.23 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: 6 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 $224 left after costs.
Which is bigger, Arcus or Kraken Futures?
24-hour volume: Arcus $617.9M, Kraken Futures $1.47B. Open interest as each reports it: $72.8M and $507.0M. TVL: $43.8M and none published.