Fundedbit vs Kraken Prop
Fundedbit and Kraken Prop are not the same product at different prices. Below is every term each firm publishes, side by side, and the differences that decide which one suits a given trader.
The difference in two lines: Kraken Prop is $19 cheaper at the entry tier ($20 against $39). Fundedbit publishes the wider maximum drawdown at $25k (10% on 2-Step against 6% on Starter). Open Kraken Prop
| Term | Fundedbit | Kraken Prop |
|---|---|---|
| Cheapest evaluation | $39 | $20 |
| Size at that price | $5,000 | $5,000 |
| 25k fee | $153 | $95 |
| Profit split | 80% (up to 100% on Fast Track) | 80% (90% add-on) |
| Drawdown (25k) | 6% of the starting balance, applied as a trailing drawdown, 4% (1-Step) | 3% fixed at a set level below your starting balance, 3% in a single day (Advanced) |
| Profit target (25k) | 10% (1-Step) | 9% (Advanced) |
| KYC | Before activation | Before activation |
| Payout rail | Crypto payouts (firm's zero-denial policy) | USD to your Kraken wallet / USDG to your Kraken wallet |
| Payout speed | After the profit split day, on request | Typically 12 hours, guaranteed within 24 |
| Leverage | 1:30, with 2% maximum exposure per pair | Up to 5x on crypto |
| Allocation ceiling | $100,000 per account | $200,000 across all accounts |
| Instruments | Crypto pairs on Bybit | 60+ crypto pairs on perpetual-style contracts |
Each drawdown above is the rule of the plan its own $25k fee buys. The rest of the ladder at that size: Fundedbit: 2-Step at $146 (10% of room); Kraken Prop: Intermediate at $150 (5% of room) and Starter at $215 (6% of room).
Which is cheaper, size by size
Kraken Prop is cheaper at 3 of the 6 sizes where both publish a price. Comparing the entry tier alone hides that: fee ladders do not scale at the same rate, so the cheaper start can become the dearer account.
| Account size | Fundedbit | Kraken Prop | Cheaper |
|---|---|---|---|
| $5k | not sold | $20 | - |
| $10k | not sold | $40 | - |
| $25k | $153 | $95 | Kraken Prop |
| $50k | $314 | $180 | Kraken Prop |
| $100k | $475 | $330 | Kraken Prop |
| $200k | not sold | $660 | - |
What the fee buys, and what it takes back
The $58 gap is 0.6 cheap attempts at the Fundedbit fee. The fee is also only the entry cost: at the headline split, Fundedbit has to make $191 of profit before the attempt has paid for itself, and $106 at Kraken Prop.
| Measure | Fundedbit | Kraken Prop |
|---|---|---|
| Fee for a $25k attempt | $153 | $95 |
| Fee per $1,000 of account | $6.12 | $3.80 |
| Profit needed to win the fee back at the headline split | $191 | $106 |
| Account destroyed on a bad day (drawdown in dollars) | $1,500 (6%) | $750 (3%) |
| Drawdown type | Trailing | Static |
Cost per $1,000, the break-even profit and the cost of 1% of drawdown are our arithmetic from each firm's published fee, split and limit; each drawdown figure is the firm's own percentage for the plan that fee buys, applied to a $25,000 balance.
The rule that ends most attempts
Kraken Prop measures drawdown from a fixed floor, while Fundedbit trails it - so a profitable run can leave the second account closer to its line than the balance suggests. At $25k there is $750 more room at Fundedbit ($1,500 against $750), which is 3.0 percentage points of the account.
Getting the money out
Fundedbit pays Crypto payouts (firm's zero-denial policy), Kraken Prop pays USD to your Kraken wallet / USDG to your Kraken wallet. Timing is not the same either: After the profit split day, on request against Typically 12 hours, guaranteed within 24.
Worth checking against your own cash-flow: a fast rail that pays into an account you then have to move is not the same as one that lands where you spend it.
Where they actually differ
- Kraken Prop advertises the higher split ceiling (80% (90% add-on)).
- Payout rails are not the same: Fundedbit pays Crypto payouts (firm's zero-denial policy), Kraken Prop pays USD to your Kraken wallet / USDG to your Kraken wallet.
- clearing $25k means 10% (1-step) in profit at Fundedbit and 9% (Advanced) at Kraken Prop.
- how far each one scales, Fundedbit: $100,000 per account; Kraken Prop: $200,000 across all accounts.
The decision rule
At $25k, if you routinely risk more than 6% of the account in a session, Kraken Prop is the one that ends the attempt, not Fundedbit. If the first attempt is a test rather than a plan, Kraken Prop at $20 costs less to be wrong about.
Which one, and for whom
Choose Fundedbit if Traders already comfortable on Bybit who want a rulebook they can check against a live venue.
Choose Kraken Prop if Kraken users who want a no-time-limit one-step evaluation on 60+ pairs without leaving the exchange.
Both reviews carry the specific terms and the source pages: Fundedbit review and Kraken Prop review. If a figure here has changed since it was read, email research@cryptopropfirms.com and it will be re-checked against the firm's own page.