Kraken futures fees: maker, taker and VIP tiers
Kraken fees at a glance
- Taker fee, Tier 1
- 0.050% (5 bps)
- Maker fee, Tier 1
- 0.020% (2 bps)
- Lowest taker fee by volume
- 0.0125% at Pro 5, over $5B of 30-day volume
- Measured cost, $10,000 BTC buy
- 5.06 bps, rank 21 of 38 on October 16, 2026
- Funding interval
- 1 hour on every market
- BTC leverage cap
- 50x
Kraken reaches a 0.030% taker rate at $25M. That is number 2 of 12 ladders here, lowest volume first. The ladder continues into 5 Pro levels, and makers earn a rebate from Tier 11 ($250M). Tier 1 to Tier 5 cut the taker rate in even steps of 0.5 bps, from 0.050% to 0.030%.
Kraken fee tiers by 30-day volume
Makers pay less at each step and start to earn a rebate at Tier 11, from $250M. The largest taker cut is from Tier 1 to Tier 2: 0.050% to 0.045%.
| Level | 30-day volume from | Maker | Taker |
|---|---|---|---|
| Tier 1 | $0 | 0.020% | 0.050% |
| Tier 2 | $5M | 0.0175% | 0.045% |
| Tier 3 | $10M | 0.015% | 0.040% |
| Tier 4 | $15M | 0.0125% | 0.035% |
| Tier 5 | $25M | 0.010% | 0.030% |
| Tier 6 | $40M | 0.0075% | 0.0275% |
| Tier 7 | $50M | 0.005% | 0.025% |
| Tier 8 | $75M | 0.005% | 0.0225% |
| Tier 9 | $100M | 0% | 0.020% |
| Tier 10 | $150M | 0% | 0.018% |
| Tier 11 | $250M | -0.003% | 0.0175% |
| Tier 12 | $300M | -0.003% | 0.017% |
| Pro 1 | $400M | -0.003% | 0.016% |
| Pro 2 | $500M | -0.005% | 0.015% |
| Pro 3 | $1B | -0.006% | 0.0135% |
| Pro 4 | $2B | -0.006% | 0.013% |
| Pro 5 | over $5B | -0.006% | 0.0125% |
With $10M of 30-day volume, a Kraken account reaches Tier 3 and pays $4,000 in taker fees for that window.
| 30-day volume | Level | Fees, all taker | Fees, all maker |
|---|---|---|---|
| $1M | Tier 1, 0.050% taker | $500 | $200 |
| $10M | Tier 3, 0.040% taker | $4,000 | $1,500 |
| $100M | Tier 9, 0.020% taker | $20,000 | $0.00 |
| $1B | Pro 3, 0.0135% taker | $135,000 | -$60,000 |
Kraken fees vs Binance and Hyperliquid
On the base taker rate, Kraken sits level with Binance and 0.5 bps above Hyperliquid.
| Venue | Base maker | Base taker | Taker fee on $10,000 | Taker fee on $100,000 | Lowest ladder taker | Measured BTC buy, $10,000, bps | Measured BTC buy, $100,000, bps | Funding interval, hours |
|---|---|---|---|---|---|---|---|---|
| Kraken | 0.020% | 0.050% | $5.00 | $50.00 | 0.0125% from $5B | 5.06 | 5.98 | 1 |
| Binance | 0.020% | 0.050% | $5.00 | $50.00 | 0.017% from $25B | 5.01 | 5.01 | 8 |
| Hyperliquid | 0.015% | 0.045% | $4.50 | $45.00 | 0.024% from $7B | 4.56 | 4.56 | 1 |
Measured cost of a Kraken market buy
A $1,000,000 BTC buy cost 7.17 bps on Kraken, 2.11 bps more than the $10,000 buy. A $10,000 ETH buy cost 0.96 bps more than the BTC buy.
| Cost part | BTC $10,000 | BTC $100,000 | BTC $1,000,000 | ETH $10,000 | ETH $100,000 | ETH $1,000,000 |
|---|---|---|---|---|---|---|
| Place in the sweep | 21 of 38 | 23 of 37 | 20 of 33 | 32 of 39 | 29 of 38 | 21 of 33 |
| Taker fee, bps | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Half of the spread, bps | 0.06 | 0.06 | 0.06 | 1.02 | 1.23 | 1.23 |
| Price impact, bps | 0.00 | 0.92 | 2.11 | 0.00 | 0.71 | 2.50 |
| All-in cost, bps | 5.06 | 5.98 | 7.17 | 6.02 | 6.94 | 8.72 |
| All-in cost, USD | $5.06 | $59.85 | $716.62 | $6.02 | $69.40 | $872.24 |
Worked example: a $10,000 round trip on Kraken
Hypothetical: a $10,000 Kraken position opens and closes at one price, so only the trading fees apply.
| Leg | Taker + taker, Tier 1 | Maker + taker, Tier 1 | Taker + taker, Tier 9 ($100M) | Taker + taker, 10% referral discount |
|---|---|---|---|---|
| Fee to open | $5.00 | $2.00 | $2.00 | $4.50 |
| Fee to close | $5.00 | $5.00 | $2.00 | $4.50 |
| Fee for both legs | $10.00 | $7.00 | $4.00 | $9.00 |
Kraken discounts and fee conditions
- Kraken uses one tier across spot and futures. Volume in either market and assets on the platform can raise the tier. support.kraken.com, read September 13, 2026.
- Kraken Pro crypto spot at cross-platform Tier 1 pays 0.40% maker and 0.80% taker. Stablecoin pairs use a separate schedule. support.kraken.com, read September 13, 2026.
Our partner account sets a 10% trading-fee discount for Kraken accounts opened with the PerpFinder link. Kraken referral terms.
Kraken funding interval and leverage cap
Kraken settles funding every hour on every market. The Kraken BTC perpetual allows leverage of up to 50x.
- Consecutive PF_XBTUSD funding times are one hour apart. futures.kraken.com, read September 23, 2026.
Kraken fee questions
How much are Kraken futures fees?
At Tier 1, a Kraken taker order pays 0.050% and a maker order pays 0.020%.
That base taker rate equals the 0.050% median of 19 venues with a fee page.
Volume can lower the taker rate to 0.0125% at Pro 5, over $5B of 30-day volume.
How much does a $10,000 trade cost on Kraken?
A $10,000 taker order pays $5.00 in fees on Kraken at the base level, and a taker round trip pays $10.00.
The measured $10,000 BTC market buy cost 5.06 bps, or $5.06, on October 16, 2026. That placed Kraken 21 of 38.
Of that cost, 0.06 bps came from the spread and the price impact.
How does volume lower the Kraken fee?
More volume moves a Kraken account down a 17-level ladder, measured by 30-day trading volume.
The taker rate first falls at Tier 2, from $5M, to 0.045%.
Kraken uses one tier across spot and futures. Volume in either market and assets on the platform can raise the tier.
Can I pay lower Kraken fees?
Yes. Our partner account gives new Kraken accounts from the PerpFinder link a 10% trading-fee discount.
Is Kraken or Binance cheaper to trade?
Binance was cheaper on October 16, 2026: the $10,000 BTC buy cost 5.06 bps on Kraken and 5.01 bps on Binance.
At $100,000, the base taker fee is $50.00 on Kraken and $50.00 on Binance.
When does Kraken settle funding?
Kraken settles funding every hour on every market.
More on Kraken
Sources
- Base rates: kraken.com, read September 23, 2026
- Fee tiers: support.kraken.com, read September 13, 2026
- BTC leverage cap: kraken.com
- Funding interval: futures.kraken.com
- Measured cost: PerpFinder cost methodology