How are Kraken futures fees calculated?

Understanding Kraken Futures Fee Structure

Kraken futures fees are determined by a combination of factors including your trading volume, whether you're a maker or taker, and the specific contract type. The platform uses a tiered fee model based on 30-day rolling volume, meaning the more you trade, the lower your fees can become. Each tier corresponds to a specific fee rate for both maker and taker orders. For example, users in the lowest tier (0–$50,000 in volume) pay a taker fee of 0.02% and a maker fee of 0.01%. As volume increases, fees decrease—users above $50 million in volume can receive negative maker fees (rebates) and taker fees as low as 0.002%.

Making vs. Taking: What Determines Your Fee?

The distinction between maker and taker orders is crucial for calculating fees. A maker order adds liquidity to the order book—it sits and waits to be filled. These orders typically receive lower fees or even rebates. A taker order removes liquidity by immediately matching with an existing order. Taker fees are higher. On Kraken Futures, if your order is executed instantly against the order book, you’re charged the taker fee. If it sits in the book and gets filled later, you pay the maker fee. This dynamic can significantly impact your effective trading cost over time.

Step-by-Step Fee Calculation Example

To compute your actual fee, follow these steps:

• Identify your 30-day trading volume on Kraken Futures (visible in your account dashboard).
• Determine your current fee tier using Kraken’s published fee schedule.
• Check whether your order was maker or taker—this appears in your trade history.
• Multiply the contract value by the applicable fee rate (e.g., 0.01% for makers in Tier 1).

• Add any funding fees if holding a position overnight—these are separate from trading fees.

  For instance, if you open a $10,000 long position as a maker in Tier 1, your fee is $10,000 × 0.0001 = $1.00.

  Funding Rates and Their Role in Total Cost

  Futures fees on Kraken aren’t limited to entry and exit. If you hold a position past the funding interval (every 8 hours), you’ll pay or receive a funding fee based on the difference between perpetual contract prices and spot prices. This fee is paid to or by traders—not Kraken—and is calculated as:

  Funding Fee = Position Size × Funding Rate

  The rate is typically small (e.g., 0.01%) but compounds over time. Positions held for extended periods can accumulate meaningful funding costs or credits. Traders must monitor the funding rate indicator on Kraken’s futures interface to anticipate these charges.

  How to Check and Verify Fees in Your Account

  Kraken provides transparency through its interface:
• Navigate to the “Futures” tab in your account.
• Click “Trade History” to see individual trades with fee breakdowns (in USD or base currency).
• Use the “Funding Payments” section to review all past funding fees.
• Export CSV files for detailed analysis—each entry includes timestamp, fee type, amount, and currency.

  For example, a row labeled “Taker Fee” with “$0.50” confirms the exact cost of that trade. This level of detail helps traders audit their costs and optimize execution strategies.

  Common Misconceptions About Kraken Futures Fees

  Some users assume all futures fees are flat or that volume resets monthly—but Kraken uses a rolling 30-day window, so fees can change daily based on recent activity. Others overlook that funding fees are not part of Kraken’s trading fees—they’re peer-to-peer transfers. Also, some believe fees are only charged on entry; in reality, both opening and closing positions incur fees based on the same maker/taker logic. Recognizing these nuances prevents surprises in your profit and loss calculations.

  Frequently Asked Questions

  Do Kraken futures fees vary by cryptocurrency pair?No. Fees are standardized across all futures pairs (e.g., BTC/USD, ETH/USD). The same tiered structure applies regardless of the underlying asset.

  Can I reduce my fees without increasing volume?Yes. Focus on placing maker orders instead of taker orders. Even in the same tier, consistently adding liquidity can cut your effective fee rate in half or more.

  Are there hidden fees beyond trading and funding?No. Kraken Futures discloses all fees upfront. There are no deposit, withdrawal, or inactivity fees specific to futures trading. Everything is visible in your trade and funding history.

  How does Kraken calculate 30-day volume for fee tiers?It’s a rolling sum of all futures trades executed in the past 30 days, denominated in USD equivalent. This total updates in real time and determines your current fee tier instantly—not at month-end.