Extended vs Kraken Futures
Kraken Futures traded 1.3× Extended's 24-hour volume ($632.9M vs $497.4M).
Head to head
the arrow points to the better figure| Extended | Kraken Futures | |
|---|---|---|
| Trading | ||
| $5.90 | ◀BTC trade, $10k | $10.12 |
| $807 | ◀BTC trade, $1M | $1,478 |
| $12.2M | BTC book depth▶ | $87.3M |
| 0.025%/0.000% | ◀Taker / maker | 0.050%/0.020% |
| 100x | Max leverage≈ | 100x |
| Size | ||
| $497.4M | Volume 24h▶ | $632.9M |
| $427.8M | Volume, 7-day average▶ | $859.9M |
| $203.1Mlongs + shorts | Open interest | $506.9Mone side |
| $119.2M | TVL | — |
| Markets | ||
| 307 | ◀Markets | 204 |
| 130 | ◀Stocks & RWA | 37 |
| 1h | Funding paid every | 1h |
| −0.0088% | BTC funding /8h | +0.0072% |
| +0.687% | BTC longs paid, 30d | +0.481% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade ETH
| Size | Extended | Kraken Futures |
|---|---|---|
| $1k | $0.565.6 bp | $1.0410.4 bp |
| $10k | $5.735.7 bp | $10.9611.0 bp |
| $100k | $65.046.5 bp | $13413.4 bp |
| $1M | $1,04210.4 bp | $1,71917.2 bp |
| $5M | $12,67725.4 bp | $12,19424.4 bp |
NEAR funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 130
funding /8h · Net 7d at $10k| Asset | Extended | Kraken Futures | Spread | Net 7d |
|---|---|---|---|---|
| XAG | +0.0032% | +0.0419% | +0.0387% | +$8 |
| SPCX | −0.0200% | −0.0087% | +0.0113% | −$10 |
| XAU | +0.0032% | +0.0192% | +0.0160% | −$5 |
| NVDA | +0.0032% | −0.0509% | +0.0541% | −$9 |
| TSLA | 0.0000% | −0.0373% | +0.0373% | −$51 |
| AMZN | +0.0040% | +0.0375% | +0.0335% | −$4 |
| CRCL | 0.0000% | +0.0722% | +0.0722% | −$75 |
| GOOGL | +0.0192% | −0.0655% | +0.0847% | −$38 |
| AAPL | 0.0000% | +0.0399% | +0.0399% | −$10 |
| CL | +0.0032% | −0.0280% | +0.0312% | −$4 |
| MSTR | +0.0032% | +0.0956% | +0.0924% | −$24 |
| META | 0.0000% | +0.0114% | +0.0114% | −$22 |
| BZ | −0.0544% | −0.0268% | +0.0276% | −$60 |
| MU | +0.0032% | +0.0085% | +0.0053% | −$29 |
| HOOD | +0.0016% | −0.0203% | +0.0219% | −$75 |
| SNDK | +0.0288% | +0.0325% | +0.0037% | −$15 |
| COIN | 0.0000% | −0.0546% | +0.0546% | −$20 |
| SOXL | −0.0184% | −0.0657% | +0.0473% | +$3 |
| NATGAS | +0.0832% | +0.0685% | +0.0147% | −$97 |
| NBIS | +0.0032% | +0.0187% | +0.0155% | +$11 |
Only on Extended: 196
SP500 · LIT · SKHYNIX · GRAM · MSFT · SHOP · AMD · USDJPY · PLTR · CASHCAT · AERO · VVV · S · CHIP · UNITREE · USELESS · ORCL · DRAM · MEGA · EWY · PURR · CRWD · GRVT · DELL · AVGO · TTWO · CBRS · XPT · MARSCOIN · QCOM · TXN · BE · AKT · AZTEC · KSM · ADI · QNT · JP225 · ORCA · TER · AMGN · AMAT · AR · BTW · H · COHR · MRVL · TMUS · BABA · PIEVERSE · NOK · NFLX · IBM · ASTS · CRWV · MRNA · KITE · BKNG · EDGE · GTC · and 136 more
Only on Kraken Futures: 74
QQQ · SPY · GLD · QNT · SUSHI · PYTH · COMP · EGLD · KAS · XTZ · MUBARAK · ZK · GRT · MANA · IMX · SNX · CVX · NIGHT · BAT · SYN · 1INCH · RIVER · RAY · MOODENG · MEW · USUAL · CAKE · ALICE · RSR · BRETT · DEXE · CRO · SYRUP · SUPER · MOG · LPT · TRB · FLOW · YFI · ACE · GOAT · C98 · AGLD · KAVA · IOTX · BICO · ROSE · QTUM · TLM · SOXS · MNT · MELANIA · OPN · BB · COOKIE · USDC · ZIG · CHILLGUY · LUNA · PORTAL · and 14 more
Questions
Is Extended or Kraken Futures cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $5.90 on Extended and $10.12 on Kraken Futures right now, taker fee and order-book slippage together, so Extended is cheaper. Taker fees: 0.025% and 0.05%.
Which has more markets, Extended or Kraken Futures?
Extended lists 307 active markets and Kraken Futures 204; 130 assets trade on both, 28 of them stocks, commodities or other real-world assets.
Does Extended or Kraken Futures require KYC?
Extended: No ID (only transaction screening and third-party on-ramps); not for the US, UK, Canada, Hong Kong, Russia or sanctioned countries. 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 Extended and Kraken Futures?
Yes: 8 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 SAND, long on Kraken Futures and short on Extended, with $287 left after costs.
Which is bigger, Extended or Kraken Futures?
24-hour volume: Extended $497.4M, Kraken Futures $632.9M. Open interest as each reports it: $203.1M and $506.9M. Extended reports open interest as longs plus shorts, both sides of every position; Kraken Futures reports one side. For the same positions Extended's figure reads about twice as large. TVL: $119.2M and none published.