Head to head
the arrow points to the better figure| Pacifica | BingX | |
|---|---|---|
| Trading | ||
| $8.12 | ◀BTC trade, $10k | $10.04 |
| $1,676 | BTC trade, $1M▶ | $1,034 |
| $2.8M | BTC book depth▶ | $1.27B |
| 0.040%/0.015% | ◀Taker / maker | 0.050%/0.020% |
| 50x | Max leverage▶ | 500x |
| Size | ||
| $851.0M | Volume 24h▶ | $6.10B |
| $682.2M | Volume, 7-day average▶ | $5.92B |
| $140.1Mlongs + shorts | Open interest | $3.46Bone side |
| $25.7M | TVL | — |
| Markets | ||
| 77 | Markets▶ | 1252 |
| 24 | Stocks & RWA▶ | 234 |
| 1h | Funding paid every | 1h or 4h or 8h |
| +0.0100% | BTC funding /8h | +0.0049% |
| +0.724% | BTC longs paid, 30d | +0.554% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade ETH
| Size | Pacifica | BingX |
|---|---|---|
| $1k | $0.848.4 bp | $1.0110.1 bp |
| $10k | $8.378.4 bp | $10.1710.2 bp |
| $100k | $85.848.6 bp | $10210.2 bp |
| $1M | $2,74827.5 bp | $1,07710.8 bp |
| $5M | — | $6,02412.0 bp |
ZEC funding per day
pair pageSize
daily, last 90 daysVolume by asset class
last 90 daysOn both: 69
funding /8h · Net 7d at $10k| Asset | Pacifica | BingX | Spread | Net 7d |
|---|---|---|---|---|
| XAU | +0.0100% | +0.0060% | +0.0040% | −$49 |
| XAG | +0.0100% | +0.0242% | +0.0142% | +$4 |
| NVDA | +0.0100% | +0.0037% | +0.0063% | −$6 |
| SNDK | +0.0038% | +0.0050% | +0.0012% | −$18 |
| PLTR | +0.0100% | +0.0050% | +0.0050% | −$41 |
| CRCL | +0.0100% | +0.0484% | +0.0384% | −$34 |
| TSLA | +0.0100% | +0.0255% | +0.0155% | +$16 |
| MU | +0.0100% | +0.0050% | +0.0050% | −$46 |
| SKHYNIX | +0.0100% | +0.0314% | +0.0214% | +$12 |
| SPCX | +0.0119% | +0.0432% | +0.0313% | −$4 |
| SAMSUNG | +0.0100% | +0.0392% | +0.0292% | −$84 |
| MSTR | +0.0100% | +0.0208% | +0.0108% | — |
| HOOD | +0.0100% | +0.0471% | +0.0371% | — |
| GOOGL | +0.0100% | +0.0660% | +0.0560% | — |
| DRAM | +0.0100% | +0.0049% | +0.0051% | — |
| NATGAS | +0.0100% | +0.0690% | — | — |
| XPT | +0.0100% | +0.0228% | — | — |
| META | +0.0100% | +0.0086% | — | — |
| COPPER | +0.0100% | +0.0300% | — | — |
| URNM | +0.0100% | +0.0050% | — | — |
Only on BingX: 908
QNT · INJ · ONDO · MOVR · XAUT · SOON · GRASS · ETHFI · HBAR · POL · KITE · HUMA · FF · PIEVERSE · 0G · XLM · APT · RIVER · BLESS · BOME · BANK · CC · ALLO · MMT · HOME · BABY · AT · GIGGLE · EUL · ZKP · UAI · FIL · NIGHT · PENDLE · SYRUP · STX · FET · XPIN · BULLA · TRX · DASH · LYN · DOT · BEAT · NIL · AGT · BTW · FOLKS · OP · BR · ARK · SKYAI · MYX · AIN · BERA · CFX · ATOM · ALCH · INIT · W · and 848 more
Questions
Is Pacifica or BingX cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $8.12 on Pacifica and $10.04 on BingX right now, taker fee and order-book slippage together, so Pacifica is cheaper. Taker fees: 0.04% and 0.05%.
Which has more markets, Pacifica or BingX?
Pacifica lists 77 active markets and BingX 1252; 69 assets trade on both, 20 of them stocks, commodities or other real-world assets.
Does Pacifica or BingX require KYC?
Pacifica: No ID; blocked in the US, Canada, the UK, China, Russia, Ukraine, the Philippines and sanctioned countries. BingX: Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Can you arbitrage funding between Pacifica and BingX?
Yes: 3 of the assets on both paid more in funding over the last 7 days than a $10k round trip on both costs. The best was TSLA, long on Pacifica and short on BingX, with $16 left after costs.
Which is bigger, Pacifica or BingX?
24-hour volume: Pacifica $851.0M, BingX $6.10B. Open interest as each reports it: $140.1M and $3.46B. Pacifica reports open interest as longs plus shorts, both sides of every position; BingX reports one side. For the same positions Pacifica's figure reads about twice as large. TVL: $25.7M and none published.
More comparisons
allPacifica or BingX: which to use
Pacifica vs BingX is a decentralized exchange against a centralized one. On Pacifica you trade from your own wallet without ID, at 1.5 bp maker and 4 bp taker and up to 50x. BingX requires advanced KYC to deposit or trade, holds your funds in an account, and charges 2 bp maker and 5 bp taker, with up to 500x. BingX lists 1240 perp markets against Pacifica's 77. Custody, ID and market count decide it for most traders: Pacifica for a wallet and no ID, BingX for breadth and higher leverage.
How each exchange is built
Pacifica is a decentralized exchange (DEX) on Solana. You trade from a self-custody wallet. It matches orders on a central limit order book.
BingX is a centralized exchange (CEX): you open an account with the company, and the account holds your funds. It also matches orders on a central limit order book.
For the trader, the difference is custody. On Pacifica the funds stay in your wallet and you sign your trades. On BingX the funds sit in an account at the company.
Fees and what they mean
Pacifica's base tier is 1.5 bp (0.015%) maker and 4 bp (0.04%) taker, per Pacifica's fee page. BingX's base tier is 2 bp (0.02%) maker and 5 bp (0.05%) taker, per BingX's fee schedule.
A taker fee is paid when an order takes liquidity, such as a market order. A market order pays it to open and again to close: 8 bp per round trip on Pacifica, 10 bp on BingX. A limit order that rests on the book and is filled later pays the maker fee instead, 1.5 bp on Pacifica and 2 bp on BingX.
The fee is only part of a trade's cost. Slippage, the price you move by eating through the order book, grows with size. The round trip in the cost table above adds both at each size, and every exchange's trading cost is compared on one page.
Markets and leverage
As of 1 October 2026 BingX lists 1240 active perps, 234 of them stocks, commodities, FX or other real-world assets. Pacifica lists 77, 24 of them real-world assets. If you trade stocks, gold and FX perps, both exchanges have them, and BingX has more.
BingX allows up to 500x and Pacifica up to 50x on their highest-leverage markets; most markets allow less.
Pacifica pays funding every hour on every market. BingX pays every 1, 4 or 8 hours depending on the market, so check a market's interval before you hold it. Funding is the periodic payment between longs and shorts, and a positive rate means longs pay shorts. An hourly market settles 24 times a day, an 8-hour market three times, so a rate change reaches your position faster on an hourly market. The list further down this page shows the markets both exchanges have and each one's funding rate.
Who can use them
Pacifica asks for no ID. It blocks the US, Canada, the UK, China, Russia, Ukraine, the Philippines and sanctioned countries.
BingX requires advanced KYC to deposit or trade. Unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Tokens and points
Pacifica has no token yet, and as of 19 September 2026 its points and airdrop program was "Active". It runs no vault that arb.sh tracks. The current points programs are listed on one page.
Reading the numbers on this page
Pacifica publishes open interest as longs plus shorts, both sides of every position. BingX publishes one side of open positions. For the same positions Pacifica's figure reads about twice as large, so the open interest row and chart above are not a like-for-like comparison of size.
BingX publishes no TVL, as is usual for a centralized exchange, so that row and chart show Pacifica alone, as DefiLlama's figure for the deposits its bridge holds.
Which one fits you
- Pick Pacifica if you want to keep funds in your own wallet and trade without ID, from a region it does not block.
- Pick Pacifica if you trade with market orders: 4 bp taker against 5 bp.
- Pick Pacifica if you want every market on an hourly funding schedule.
- Pick Pacifica if you want a points program that is active.
- Pick BingX if you prefer an exchange account and accept advanced KYC.
- Pick BingX if you need more than 50x, or a wider choice than 77 markets, including 234 real-world asset markets.