What are the fees and commissions associated with trading on Kraken Futures in the US?
ShirleyAug 02, 2022 · 3 years ago1 answers
Can you provide a detailed explanation of the fees and commissions that are associated with trading on Kraken Futures in the US? I would like to understand the costs involved before I start trading.
1 answers
- Rasanjana AravinduDec 08, 2021 · 4 years agoAs an expert in the field, I can tell you that Kraken Futures in the US has a transparent fee structure. The trading fee is based on your trading volume and ranges from 0.02% to 0.05%. The funding fee is charged every 8 hours for open positions and is based on the funding rate and the position size. It's worth noting that the funding fee can be positive or negative, depending on the market conditions. Additionally, there may be withdrawal fees for transferring your funds out of Kraken Futures. These fees vary depending on the cryptocurrency you are withdrawing. Overall, Kraken Futures offers competitive fees and commissions for traders in the US.
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