Kraken Derivatives provide access to trading various futures contracts:
Category | UI Availability | Contract Specifications | Type | Collateral | PnL/Funding Payout/Settlement | Maturities | Venue |
|---|---|---|---|---|---|---|---|
Multi-Collateral | Linear | 25+ cash, stablecoin, and crypto assets | Default: US Dollar (USD) Optional: Derivatives collateral currencies | Perpetual | Payward Digital Solutions Ltd. | ||
Single-Collateral | Inverse | Base currency | Base currency | Perpetual, Monthly, Quarterly , Semiannual* | Crypto Facilities MTF |
*Semiannual maturity is available for single collateral Bitcoin-Dollar and Ether-Dollar contracts only
Single-Collateral
For inverse derivatives margin must be deposited in the base currency.
For example, Bitcoin must be deposited to trade Bitcoin-Dollar derivatives and Ether must be deposited to trade Ether-Dollar derivatives.
Multi-Collateral
For linear Multi-Collateral derivatives, multiple collateral currencies can be deposited as margin. See Derivatives Collateral Currencies for list of supported collateral.
Multi-Collateral futures allow for flexible profit payout in any one of the support collateral currencies.
For example, Cardano-Dollar derivatives could be traded using Euros and Bitcoin as collateral and realize profit in Ethereum.