Extended vs Kraken Futures
Kraken Futures traded 1.3× Extended's 24-hour volume ($623.1M vs $496.5M).
Head to head
the arrow points to the better figure| Extended | Kraken Futures | |
|---|---|---|
| Trading | ||
| $5.12 | ◀BTC trade, $10k | $10.64 |
| $598 | ◀BTC trade, $1M | $1,454 |
| $11.9M | BTC book depth▶ | $95.3M |
| 0.025%/0.000% | ◀Taker / maker | 0.050%/0.020% |
| 100x | Max leverage≈ | 100x |
| Size | ||
| $496.5M | Volume 24h▶ | $623.1M |
| $427.8M | Volume, 7-day average▶ | $859.9M |
| $203.4Mlongs + shorts | Open interest | $511.7Mone side |
| $119.2M | TVL | — |
| Markets | ||
| 307 | ◀Markets | 204 |
| 130 | ◀Stocks & RWA | 37 |
| 1h | Funding paid every | 1h |
| −0.0080% | BTC funding /8h | +0.0151% |
| +0.687% | BTC longs paid, 30d | +0.481% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade SOL
| Size | Extended | Kraken Futures |
|---|---|---|
| $1k | $0.585.8 bp | $1.2512.5 bp |
| $10k | $5.835.8 bp | $13.8313.8 bp |
| $100k | $58.305.8 bp | $19719.7 bp |
| $1M | $1,15411.5 bp | $2,64726.5 bp |
| $5M | — | $22,36344.7 bp |
SOL 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% | +0.0790% | +0.0758% | +$9 |
| SPCX | −0.0200% | −0.0735% | +0.0535% | −$41 |
| XAU | +0.0032% | +0.0321% | +0.0289% | −$6 |
| NVDA | +0.0032% | +0.0047% | +0.0015% | −$59 |
| TSLA | 0.0000% | +0.0195% | +0.0195% | −$11 |
| AMZN | +0.0048% | +0.0408% | +0.0360% | −$4 |
| CRCL | 0.0000% | +0.0156% | +0.0156% | −$67 |
| GOOGL | +0.0200% | +0.0110% | +0.0090% | −$40 |
| MSTR | +0.0032% | +0.0341% | +0.0309% | −$24 |
| AAPL | 0.0000% | +0.0280% | +0.0280% | −$10 |
| CL | +0.0032% | −0.0274% | +0.0306% | −$5 |
| META | 0.0000% | +0.0056% | +0.0056% | −$22 |
| BZ | −0.0544% | −0.0317% | +0.0227% | −$65 |
| MU | +0.0032% | +0.0291% | +0.0259% | −$26 |
| HOOD | +0.0024% | −0.0531% | +0.0555% | −$74 |
| SNDK | +0.0224% | +0.0593% | +0.0369% | −$13 |
| COIN | 0.0000% | +0.0107% | +0.0107% | −$68 |
| SOXL | −0.0176% | −0.0646% | +0.0470% | +$3 |
| NATGAS | +0.0800% | +0.0821% | +0.0021% | +$30 |
| NBIS | +0.0040% | +0.0072% | +0.0032% | +$10 |
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 · MARSCOIN · XPT · QCOM · TXN · AKT · BE · KSM · AZTEC · ADI · QNT · JP225 · ORCA · TER · AMGN · AMAT · AR · BTW · H · COHR · TMUS · MRVL · 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 · RAY · RIVER · 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 $5.12 on Extended and $10.64 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: 9 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 $281 left after costs.
Which is bigger, Extended or Kraken Futures?
24-hour volume: Extended $496.5M, Kraken Futures $623.1M. Open interest as each reports it: $203.4M and $511.7M. 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.