Kraken Futures offers trading with distinct collateral wallet types depending on the contracts being traded.
The main differences are:
- Cross & Isolated Margin
- Collateral Currencies
- Haircuts & Conversion Fees
- Profit & Loss Currencies
Single-Collateral |
Multi-Collateral | |
---|---|---|
Collateral Currencies |
BTC, ETH, LTC, BCH, XRP | |
UI Availability |
Offered on the futures.kraken.com UI |
Offered on Kraken Pro as well futures.kraken.com UI |
Risk Management |
|
|
Contract Value |
USD denominated: 1 contract = $1 USD |
Coin denominated: 1 contract = 1 unit of cryptocurrency See contract specifications for decimal precision |
Contract Types |
Fixed & Perpetual |
Fixed & Perpetual |
Contract Specs | ||
Fees |
|
|
Profit Settlement |
Settled in contract’s collateral currency (e.g. BTC for BTC/USD) |
Settled in USD by default with option to choose from a supported futures collateral currency |
Aside from the differing characteristics detailed in the sections below, order types, trading fees and margining remain largely the same.
This article aims to help you choose which collateral wallet is best for your trading strategies and preferences. For details about which contracts are single-collateral or multi-collateral, visit product listing summary.