Overview of fees on Kraken Futures

Below is a summary of all fees and fee-related questions for Kraken Futures.

Wallet transfers

Transferring funds to and from the Futures wallet is free :)

Trade fee

For any matched trades, the taker side pays a fee and the maker side receives a rebate.

Settlement fee

Holding a Fixed Maturity contract till maturity (settlement) results in a taker fee.

Funding rate

While not a fee that is charged by Kraken Futures, positions opened in Perpetual contracts will accumulate a funding rate as an unrealized profit/loss (UPL) which settles every 4 hours at end of the funding period, or when you change your net open position (whichever occurs first).

This is a user-to-user transfer.

If Average Premium > 0, then for the 4 hour period, those in Long positions will continuously pay out to Short positions. This is to incentivize more Short positions, which then push the price closer to the index rate.

If Average Premium < 0, then for the 4 hour period, those in Short positions will continuously pay out to Long positions. This is to incentivize more Long positions, which then push the price closer to the index rate.

Volume discounts

The volume discounts for Kraken spot and margin markets will not carry over to Kraken Futures.

However, Kraken Futures has a Revenue Sharing Program (RSP) in place. The RSP pays out 30% of revenue per Contract Type, with a total minimum of 25,000 USD every week.

Kraken Fee Credits (KFEE)

KFEE will not work on Kraken Futures.