Arcus vs Kraken Futures
Kraken Futures traded 2.4× Arcus's 24-hour volume ($1.46B vs $612.1M) and holds 6.8× its open interest.
Head to head
the arrow points to the better figure| Arcus | Kraken Futures | |
|---|---|---|
| Trading | ||
| $4.51 | ◀BTC trade, $10k | $10.83 |
| $620 | ◀BTC trade, $1M | $1,434 |
| $3.3M | BTC book depth▶ | $74.7M |
| 0.022%/0.000% | ◀Taker / maker | 0.050%/0.020% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $612.1M | Volume 24h▶ | $1.46B |
| $460.8M | Volume, 7-day average▶ | $861.9M |
| $74.8M | Open interest▶ | $508.3M |
| $43.8M | TVL | — |
| Markets | ||
| 60 | Markets▶ | 204 |
| 36 | Stocks & RWA≈ | 37 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0248% |
| — | 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 | $1.0510.5 bp |
| $10k | $4.514.5 bp | $10.8310.8 bp |
| $100k | $47.174.7 bp | $12612.6 bp |
| $1M | $6206.2 bp | $1,43414.3 bp |
| $5M | — | $9,05218.1 bp |
BTC 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 |
|---|---|---|---|---|
| NVDA | +0.0038% | +0.0028% | +0.0010% | +$22 |
| QQQ | +0.0038% | +0.0381% | +0.0343% | −$42 |
| SPY | +0.0038% | +0.0502% | +0.0464% | +$9 |
| GLD | +0.0038% | +0.2346% | +0.2308% | +$216 |
| GOOGL | +0.0038% | −0.0045% | +0.0083% | −$11 |
| AAPL | +0.0038% | +0.0274% | +0.0236% | −$22 |
| AMZN | +0.0038% | +0.0694% | +0.0656% | −$21 |
| HOOD | +0.0038% | −0.0252% | +0.0290% | +$4 |
| SPCX | +0.0038% | +0.0592% | +0.0554% | −$22 |
| CRCL | +0.0038% | −0.0154% | +0.0192% | −$6 |
| TSLA | +0.0038% | +0.0342% | +0.0304% | −$41 |
| META | +0.0038% | +0.0305% | +0.0267% | −$43 |
| MSTR | +0.0038% | +0.0186% | +0.0148% | −$44 |
| MU | +0.0038% | +0.0344% | +0.0306% | −$58 |
| SNDK | +0.0038% | +0.0198% | +0.0161% | −$4 |
| COIN | +0.0038% | +0.0869% | +0.0831% | −$136 |
| SKHY | +0.0038% | +0.0088% | +0.0050% | −$64 |
| INTC | +0.0038% | +0.0287% | +0.0249% | — |
| NBIS | +0.0038% | −0.0197% | — | — |
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 · POL · XAG · INJ · ASTER · SHIB · QNT · TRUMP · LDO · GALA · ALGO · XAU · SAND · SAMSUNG · BCH · XPL · STRK · ARB · ICP · APT · TIA · WIF · OP · ZRO · DASH · SUSHI · RENDER · ETHFI · VIRTUAL · MON · PYTH · ZEN · SEI · CL · COMP · JTO · BZ · XTZ · APE · MANA · GRASS · EGLD · 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 $10.83 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: 5 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 $216 left after costs.
Which is bigger, Arcus or Kraken Futures?
24-hour volume: Arcus $612.1M, Kraken Futures $1.46B. Open interest as each reports it: $74.8M and $508.3M. TVL: $43.8M and none published.