Kraken Futures provide access to trading various futures contracts:
|Contract Specifications||Type||Collateral||PnL/Funding Payout/Settlement||Maturities||Venue|
|Multi-Collateral||Linear Multi-Collateral perpetual futures contract specifications||Linear||
US Dollar (USD)
|Perpetual||Payward Global Trading Pte Ltd|
|Single-Collateral||Legacy UI - futures.kraken.com||Inverse||Base currency||
|Perpetual, Monthly, Quarterly , Semiannual*||Crypto Facilities MTF|
*Semiannual maturity is available for single collateral Bitcoin-Dollar and Ether-Dollar contracts only
For inverse futures margin must be deposited in the base currency.
For example, Bitcoin must be deposited to trade Bitcoin-Dollar futures and Ether must be deposited to trade Ether-Dollar futures.
For linear Multi-Collateral futures, multiple collateral currencies can be deposited as margin. See Futures 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 futures could be traded using Euros and Bitcoin as collateral and realise profit in Ethereum.