Extended vs Kraken Futures
Kraken Futures traded 1.3× Extended's 24-hour volume ($625.0M vs $489.5M).
Head to head
the arrow points to the better figure| Extended | Kraken Futures | |
|---|---|---|
| Trading | ||
| $7.01 | ◀BTC trade, $10k | $11.13 |
| $850 | ◀BTC trade, $1M | $1,496 |
| $11.2M | BTC book depth▶ | $93.4M |
| 0.025%/0.000% | ◀Taker / maker | 0.050%/0.020% |
| 100x | Max leverage≈ | 100x |
| Size | ||
| $489.5M | Volume 24h▶ | $625.0M |
| $427.8M | Volume, 7-day average▶ | $859.9M |
| $203.3Mlongs + shorts | Open interest | $524.1Mone side |
| $119.2M | TVL | — |
| Markets | ||
| 307 | ◀Markets | 204 |
| 130 | ◀Stocks & RWA | 37 |
| 1h | Funding paid every | 1h |
| +0.0024% | BTC funding /8h | +0.0149% |
| +0.688% | BTC longs paid, 30d | +0.482% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Extended | Kraken Futures |
|---|---|---|
| $1k | $0.696.9 bp | $1.0210.2 bp |
| $10k | $7.017.0 bp | $11.1311.1 bp |
| $100k | $75.327.5 bp | $12812.8 bp |
| $1M | $8508.5 bp | $1,49615.0 bp |
| $5M | $9,66319.3 bp | $9,16018.3 bp |
SOL funding per day
pair pageSize
daily, last yearVolume by asset class
last yearOn both: 130
funding /8h · Net 7d at $10k| Asset | Extended | Kraken Futures | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0024% | +0.0149% | +0.0125% | −$20 |
| ETH | +0.0104% | +0.0073% | +0.0031% | −$9 |
| HYPE | +0.0104% | −0.0043% | +0.0147% | −$27 |
| SOL | +0.0096% | +0.0341% | +0.0245% | −$22 |
| NEAR | +0.0016% | +0.0032% | +0.0016% | −$61 |
| ZEC | +0.0104% | −0.0096% | +0.0200% | −$22 |
| XMR | +0.0104% | +0.0229% | +0.0125% | −$34 |
| XRP | +0.0104% | +0.0178% | +0.0074% | −$35 |
| BNB | +0.0104% | +0.0058% | +0.0046% | −$7 |
| PUMP | +0.0104% | +0.0749% | +0.0645% | −$83 |
| SUI | +0.0064% | −0.0053% | +0.0117% | −$20 |
| AAVE | +0.0104% | +0.0205% | +0.0101% | −$72 |
| ENA | +0.0104% | +0.0314% | +0.0210% | −$35 |
| LTC | +0.0104% | +0.0082% | +0.0022% | −$39 |
| ADA | +0.0104% | +0.0057% | +0.0047% | −$20 |
| TAO | +0.0104% | −0.0128% | +0.0232% | −$51 |
| FIL | +0.0088% | −0.0294% | +0.0382% | −$22 |
| ZRO | +0.0104% | +0.0046% | +0.0058% | $0 |
| LINK | +0.0104% | +0.0081% | +0.0023% | −$23 |
| LDO | +0.0104% | +0.0006% | +0.0098% | −$35 |
Only on Extended: 196
SP500 · LIT · SKHYNIX · GRAM · MSFT · SHOP · USDJPY · AMD · PLTR · CASHCAT · AERO · VVV · S · CHIP · UNITREE · USELESS · ORCL · DRAM · MEGA · EWY · PURR · CRWD · GRVT · CBRS · DELL · AVGO · TTWO · XPT · MARSCOIN · QCOM · TXN · BE · AZTEC · KSM · AKT · ADI · QNT · JP225 · TER · ORCA · AMAT · AMGN · AR · BTW · H · COHR · MRVL · TMUS · PIEVERSE · BABA · NOK · IBM · ASTS · NFLX · EDGE · GTC · CRWV · MRNA · KITE · BKNG · and 136 more
Only on Kraken Futures: 74
QQQ · SPY · GLD · QNT · SUSHI · PYTH · COMP · EGLD · XTZ · KAS · MUBARAK · ZK · GRT · MANA · IMX · SNX · NIGHT · CVX · BAT · RAY · 1INCH · SYN · RIVER · MOODENG · ALICE · MEW · USUAL · CAKE · RSR · BRETT · DEXE · CRO · SYRUP · SUPER · MOG · LPT · YFI · ACE · TRB · FLOW · GOAT · AGLD · IOTX · C98 · KAVA · 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 $7.01 on Extended and $11.13 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 $278 left after costs.
Which is bigger, Extended or Kraken Futures?
24-hour volume: Extended $489.5M, Kraken Futures $625.0M. Open interest as each reports it: $203.3M and $524.1M. 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.