Fees on Kraken Futures 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 - 100,000 |
0.0200% |
0.0500% |
100,001 - 1,000,000 |
0.0150% |
0.0400% |
1,000,001 - 5,000,000 |
0.0125% |
0.0300% |
5,000,001 - 10,000,000 |
0.0100% |
0.0250% |
10,000,001 - 20,000,000 |
0.0075% |
0.0200% |
20,000,001 - 50,000,000 |
0.0050% |
0.0150% |
50,000,001 - 100,000,000 |
0.0025% |
0.0125% |
100,000,001 + |
0.0000% |
0.0100% |
Maker Rebate Trial
New Maker Rebate Fee Tiers
From September 14 to December 14, 2023, we will be introducing maker rebates on a selection of contracts
Here are the full details of the Kraken Futures Super-Volume Rebate Tiers:
For BTC Perpetual Contracts (Single and Multi-collateral):
- $250M+ volume = -0.01% maker fee
For ETH Perpetual Contracts (Multi-collateral) + more:
- $250M+ volume = -0.00125% maker fee
- $500M+ volume = -0.0025% maker fee
- $1B+ volume = -0.005% maker fee
The goal is simple: We want to incentivize tight spreads and high liquidity. Maker rebates reward market makers for adding liquidity, which benefits all traders through better pricing.
Contracts Eligible for Maker Rebates:
These lists can be downloaded as an .xlsx file here for your convenience.
Eligible Contracts, Group 1:
30 Day Volume | Maker Fee | Taker Fee |
---|---|---|
$250,000,000+ | -0.01% | 0.01% |
Base | Quote | Contract Symbol | Type | Maturity | Wallet (API) | Wallet (UI) |
---|---|---|---|---|---|---|
BTC | USD | PF_XBTUSD | Linear | Perpetual | Flex | Multi-Collateral |
BTC | USD | PI_XBTUSD | Inverse | Perpetual | FI_XBTUSD | Single-Collateral |
Eligible Contracts, Group 2:
30 Day Volume | Maker Fee | Taker Fee |
---|---|---|
$250,000,000+ | -0.00125% | 0.01% |
$500,000,000+ | -0.0025% | 0.01% |
$1,000,000,000+ | -0.005% | 0.01% |
Base | Quote | Contract Symbol | Type | Maturity | Wallet (API) | Wallet (UI) |
---|---|---|---|---|---|---|
AAVE | USD | PF_AAVEUSD | Linear | Perpetual | Flex | Multi-Collateral |
ALICE | USD | PF_ALICEUSD | Linear | Perpetual | Flex | Multi-Collateral |
ANT | USD | PF_ANTUSD | Linear | Perpetual | Flex | Multi-Collateral |
APE | USD | PF_APEUSD | Linear | Perpetual | Flex | Multi-Collateral |
ARB | USD | PF_ARBUSD | Linear | Perpetual | Flex | Multi-Collateral |
ARPA | USD | PF_ARPAUSD | Linear | Perpetual | Flex | Multi-Collateral |
AUDIO | USD | PF_AUDIOUSD | Linear | Perpetual | Flex | Multi-Collateral |
AXS | USD | PF_AXSUSD | Linear | Perpetual | Flex | Multi-Collateral |
BAL | USD | PF_BALUSD | Linear | Perpetual | Flex | Multi-Collateral |
BAND | USD | PF_BANDUSD | Linear | Perpetual | Flex | Multi-Collateral |
BCH | USD | PI_BCHUSD | Inverse | Perpetual | FI_BCHUSD | Single-Collateral |
BCH | USD | FI_BCHUSD | Inverse | Month & Quarter | FI_BCHUSD | Single-Collateral |
BLUR | USD | PF_BLURUSD | Linear | Perpetual | Flex | Multi-Collateral |
CFX | USD | PF_CFXUSD | Linear | Perpetual | Flex | Multi-Collateral |
CHZ | USD | PF_CHZUSD | Linear | Perpetual | Flex | Multi-Collateral |
COMP | USD | PF_COMPUSD | Linear | Perpetual | Flex | Multi-Collateral |
DASH | USD | PF_DASHUSD | Linear | Perpetual | Flex | Multi-Collateral |
DOGE | USD | PF_DOGEUSD | Linear | Perpetual | Flex | Multi-Collateral |
DOT | USD | PF_DOTUSD | Linear | Perpetual | Flex | Multi-Collateral |
DYDX | USD | PF_DYDXUSD | Linear | Perpetual | Flex | Multi-Collateral |
EGLD | USD | PF_EGLDUSD | Linear | Perpetual | Flex | Multi-Collateral |
ENS | USD | PF_ENSUSD | Linear | Perpetual | Flex | Multi-Collateral |
ETC | USD | PF_ETCUSD | Linear | Perpetual | Flex | Multi-Collateral |
ETH | USD | PF_ETHUSD | Linear | Perpetual | Flex | Multi-Collateral |
ETH | USD | FI_ETHUSD | Inverse | Month, Quarter, Semi-annual | FI_ETHUSD | Single-Collateral |
ETHW | USD | PF_ETHWUSD | Linear | Perpetual | Flex | Multi-Collateral |
FET | USD | PF_FETUSD | Linear | Perpetual | Flex | Multi-Collateral |
FIL | USD | PF_FILUSD | Linear | Perpetual | Flex | Multi-Collateral |
FLOW | USD | PF_FLOWUSD | Linear | Perpetual | Flex | Multi-Collateral |
FLR | USD | PF_FLRUSD | Linear | Perpetual | Flex | Multi-Collateral |
FTM | USD | PF_FTMUSD | Linear | Perpetual | Flex | Multi-Collateral |
FXS | USD | PF_FXSUSD | Linear | Perpetual | Flex | Multi-Collateral |
GLMR | USD | PF_GLMRUSD | Linear | Perpetual | Flex | Multi-Collateral |
GMT | USD | PF_GMTUSD | Linear | Perpetual | Flex | Multi-Collateral |
GRT | USD | PF_GRTUSD | Linear | Perpetual | Flex | Multi-Collateral |
ICX | USD | PF_ICXUSD | Linear | Perpetual | Flex | Multi-Collateral |
IMX | USD | PF_IMXUSD | Linear | Perpetual | Flex | Multi-Collateral |
KAVA | USD | PF_KAVAUSD | Linear | Perpetual | Flex | Multi-Collateral |
LINA | USD | PF_LINAUSD | Linear | Perpetual | Flex | Multi-Collateral |
LTC | USD | PF_LTCUSD | Linear | Perpetual | Flex | Multi-Collateral |
LTC | USD | PI_LTCUSD | Inverse | Perpetual | FI_LTCUSD | Single-Collateral |
LTC | USD | FI_LTCUSD | Inverse | Month & Quarter | FI_LTCUSD | Single-Collateral |
LUNA2 | USD | PF_LUNA2USD | Linear | Perpetual | Flex | Multi-Collateral |
MANA | USD | PF_MANAUSD | Linear | Perpetual | Flex | Multi-Collateral |
NEAR | USD | PF_NEARUSD | Linear | Perpetual | Flex | Multi-Collateral |
OP | USD | PF_OPUSD | Linear | Perpetual | Flex | Multi-Collateral |
PAXG | USD | PF_PAXGUSD | Linear | Perpetual | Flex | Multi-Collateral |
PEPE | USD | PF_PEPEUSD | Linear | Perpetual | Flex | Multi-Collateral |
RLC | USD | PF_RLCUSD | Linear | Perpetual | Flex | Multi-Collateral |
RNDR | USD | PF_RNDRUSD | Linear | Perpetual | Flex | Multi-Collateral |
SAND | USD | PF_SANDUSD | Linear | Perpetual | Flex | Multi-Collateral |
SEI | USD | PF_SEIUSD | Linear | Perpetual | Flex | Multi-Collateral |
SHIB | USD | PF_SHIBUSD | Linear | Perpetual | Flex | Multi-Collateral |
STORJ | USD | PF_STORJUSD | Linear | Perpetual | Flex | Multi-Collateral |
SUSHI | USD | PF_SUSHIUSD | Linear | Perpetual | Flex | Multi-Collateral |
SXP | USD | PF_SXPUSD | Linear | Perpetual | Flex | Multi-Collateral |
THETA | USD | PF_THETAUSD | Linear | Perpetual | Flex | Multi-Collateral |
USDT | USD | PF_USDTUSD | Linear | Perpetual | Flex | Multi-Collateral |
WAVES | USD | PF_WAVESUSD | Linear | Perpetual | Flex | Multi-Collateral |
XBT | USD | FI_XBTUSD | Inverse | Month, Quarter, Semi-annual | FI_XBTUSD | Single-Collateral |
XLM | USD | PF_XLMUSD | Linear | Perpetual | Flex | Multi-Collateral |
XMR | USD | PF_XMRUSD | Linear | Perpetual | Flex | Multi-Collateral |
XRP | USD | PI_XRPUSD | Inverse | Perpetual | FI_XRPUSD | Single-Collateral |
XRP | USD | FI_XRPUSD | Inverse | Month & Quarter | FI_XRPUSD | Single-Collateral |
XTZ | USD | PF_XTZUSD | Linear | Perpetual | Flex | Multi-Collateral |
ZRX | USD | PF_ZRXUSD | Linear | Perpetual | Flex | Multi-Collateral |
Single-Collateral vs Multi-Collateral Fee Details
Click below to read more:
Single-Collateral
Note: Holding a Fixed Maturity contract until maturity (settlement) results in a taker fee.
Single-Collateral Futures contracts |
Bitcoin- USD |
Ether- USD |
Litecoin- USD |
BitcoinCash- USD |
Ripple- USD |
---|---|---|---|---|---|
Fee/Collateral Currency |
BTC |
ETH |
LTC |
BCH |
XRP |
There are no additional fees for Fixed Maturity Single-Collateral contracts.
There are no additional Kraken fees for Perpetual Single-Collateral contracts however there is the funding rate. For more info on the funding rate, see Inverse crypto-collateral perpetual contract specifications.
Example
Traders A and B are both at the second level of the fee schedule (taker of 0.04% and maker of 0.015%). Trader A sends a market order for 100,000 contracts (100,000 USD) of Bitcoin-USD Single-Collateral Futures 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 0.008 BTC (0.04%)
- Trader B is charged a maker fee of 0.003 BTC (0.015%)
- Both amounts are transferred immediately upon matching
Fee amount for Trader A |
Fee amount for Trader B |
---|---|
= 1 / Trade Price * (Fee %) * Quantity = 1 / 50,000 USD/BTC * 0.04% * 100,000 USD = 0.0008 BTC |
= 1 / Trade Price * (Fee %) * Quantity = 1 / 50,000 USD/BTC * 0.015% * 100,000 USD = 0.0003 BTC |
= (Fee %) * Notional Order Value = 0.04% * 2 BTC = 0.0008 BTC |
= (Fee %) * Notional Order Value = 0.015% * 2 BTC = 0.0003 BTC |
Multi-Collateral
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 and ETH as collateral, fees will be taken out from its EUR balance which bears a lower haircut than ETH.
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 Futures.
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
Click below to read more:
When am I a Taker, when am I a Maker?
Where can I see the fees I have paid?
Do you charge any other fees?
How are Settlements, Liquidations, Assignments and Terminations treated?
- 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.
Does my volume on Kraken Spot count towards my fee tier on Futures?
Note:
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.