Fees for Derivatives trading for EEA clients

This article is for clients residing in the European Economic Area (EEA). If you are located outside of the EEA, please see our articles here.

Fees on Kraken Derivatives are calculated as a percentage of the notional order value for a matched trade.

The fee schedule is based on your 30-day rolling volume meaning that the more you trade, the lower your fees are on subsequent trades.

30-Day Volume USD

Maker Fee

Taker Fee

$0 +

0.0200%

0.0500%

$2,500,000 +

0.0150%

0.0450%

$5,000,000 +

0.0125%

0.0400%

$10,000,000 +

0.0100%

0.0350%

$20,000,000 +

0.0075%

0.0300%

$30,000,000 +

0.0050%

0.0250%

$50,000,000 +

0.0030%

0.0200%

$75,000,000 +

0.0015%

0.0150%

$100,000,000 +

0.0000%

0.0125%

$250,000,000 +

-0.0015%

0.0100%

$500,000,000 +

-0.0030%

0.0100%

$1,000,000,000 +

-0.0050%

0.0100%

Multi-Collateral Fee Details

For Multi-Collateral contracts, fees are charged in USD.

If USD is unavailable in a trader’s account for fees, PnL, or funding payout, then available non-USD funds will be converted for a fee by prioritising converting assets by ascending order of collateral ‘haircut’.

e.g. if a Trader has EUR as collateral, fees will be taken out from its EUR balance.

Multi-Collateral contracts are subject to conversion fees and in some cases, interest on losses uncovered by USD collateral. For more info on Multi-Collateral fees, see Fees & Charges for Multi-Collateral Derivatives.

Example:

Assume that Traders A and B are trading Multi-Collateral BTC/USD contracts. Trader A sends a market order for 2 BTC that is matched against an existing limit order sitting in the order book of Trader B.

  • •

    The trade price is 50,000 USD/BTC

  • •

    The notional value of this trade in BTC terms is 2 BTC

  • •

    Trader A is charged a taker fee of 40 USD (0.04%) 

  • •

    Trader B is charged a maker fee of 15 USD (0.015%)

  • •

    Both amounts are transferred immediately upon matching

Fee amount for Trader A

Fee amount for Trader B

= Fee % * (Quantity * Entry Price) = 0.04% * 100,000 USD = 40 USD

= Fee % * (Quantity* Entry Price) = 0.015% * 100,000 USD = 15 USD

Frequently Asked Questions

If you submit an order that crosses the order book and is immediately matched, you pay the taker fee. If you submit an order that first sits in the order book before it is matched, you pay the maker fee.

On the legacy futures.kraken.com platform, you can look up the fees you have paid by navigating to the "Logs" tab in the left panel of the trading platform. On the Kraken Pro platform, you can look up the fees you have paid on Derivatives by navigating to the "History" tab at the top panel of the trading platform and then clicking on ‘Derivatives ledger’.

Conversions of non-USD collateral on multi-collateral Derivatives will incur conversion fees. Non-USD backed losses exceeding 30,000 USD will incur interest. Additionally, we charge a liquidation fee. See Fees for Multi-Collateral Derivatives for more detail.

  • •

    Positions that are settled in final settlement are treated as taker.

  • •

    Liquidations are treated as taker for the liquidated party and maker for the other party.

  • •

    Assignments are treated as taker for both parties.

  • •

    Terminations are treated as taker for the party causing the termination, and maker for the other party.

The volume discounts for Kraken spot markets will not carry over to Kraken Derivatives or vice versa.

You can transfer Kraken Fee Credits (FEE) to your Multi-Collateral (MC) Derivatives wallet. When you have a FEE balance inside your MC wallet it will be used as the preferred trading fee currency. It is worth highlighting that FEE will only be applied on trading fees and not other Multi-Collateral fees such as (Conversion Fees, Funding Payouts, Liquidation Fees, Interest Fees). 

The decimal and thousands separators shown in this article may differ from the formats displayed on our trading platforms. Review our article on how we use points and commas for more information.

Disclaimer:

Investment services in relation to derivatives are provided by Payward Europe Digital Solutions (CY) Limited (ex I.F. Greenfields Wealth Ltd) ("PEDSL-CY"). PEDSL-CY is authorised and approved by the Cyprus Securities and Exchange Commission (CySEC) for the provision of investment services. See Risk Disclosures here.

PEDSL-CY is authorised and regulated by the Cyprus Securities and Exchange Commission with licence number 342/17. PEDSL-CY is registered in Cyprus with registered number HE 356603 and registered office at Athalassas, 62, Mezzanine, Strovolos 2012, Nicosia, Cyprus


Multi-Collateral Fee Details
Frequently Asked Questions

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