Head to head
the arrow points to the better figure| Pacifica | Bluefin | |
|---|---|---|
| Trading | ||
| $8.13 | ◀BTC trade, $10k | $13.98 |
| $1,637 | BTC trade, $1M | — |
| $2.5M | ◀BTC book depth | $158K |
| 0.040%/0.015% | Taker / maker▶ | 0.035%/0.010% |
| 50x | ◀Max leverage | 40x |
| Size | ||
| $959.1M | ◀Volume 24h | $948K |
| $745.6M | ◀Volume, 7-day average | $827K |
| $110.7Mlongs + shorts | Open interest | $740Kone side |
| $27.2M | ◀TVL | $1.5M |
| Markets | ||
| 78 | ◀Markets | 8 |
| 24 | ◀Stocks & RWA | 1 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +0.841% | BTC longs paid, 30d | +2.207% |
| Access | ||
| No ID | KYC | No ID |
| none yet | Token | $BLUE |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Pacifica | Bluefin |
|---|---|---|
| $1k | $0.818.1 bp | $1.3613.6 bp |
| $10k | $8.138.1 bp | $13.9814.0 bp |
| $100k | $91.579.2 bp | $24524.5 bp |
| $1M | $1,63716.4 bp | — |
| $5M | — | — |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 6
funding /8h · Net 7d at $10k| Asset | Pacifica | Bluefin | Spread | Net 7d |
|---|---|---|---|---|
| HYPE | +0.0100% | +0.2371% | +0.2238% | $0 |
| SUI | +0.0100% | +0.0100% | 0.0000% | −$86 |
| BTC | +0.0100% | +0.0100% | 0.0000% | −$21 |
| SOL | +0.0100% | +0.0100% | — | — |
| ETH | +0.0100% | −0.0035% | — | — |
Only on Pacifica: 72
ZEC · BNB · PAXG · SKHYNIX · LIT · XAG · PUMP · NVDA · SP500 · AVAX · CL · XMR · LTC · NEAR · TSLA · MU · SNDK · XRP · CRV · ZRO · SPCX · MSTR · CRCL · AAVE · GOOGL · EUR · DRAM · UNI · ENA · PLTR · BP · WLFI · ICP · ADA · HOOD · TRUMP · FARTCOIN · DOGE · WLD · TAO · JUP · MON · USDJPY · ASTER · SAMSUNG · NATGAS · COPPER · LINK · META · BCH · XPL · PEPE · PENGU · VVV · ARB · XPT · WIF · 2Z · KAITO · CHIP · and 12 more
Questions
Is Pacifica or Bluefin cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $8.13 on Pacifica and $13.98 on Bluefin right now, taker fee and order-book slippage together, so Pacifica is cheaper. Taker fees: 0.04% and 0.035%.
Which has more markets, Pacifica or Bluefin?
Pacifica lists 78 active markets and Bluefin 8; 6 assets trade on both, 1 of them stocks, commodities or other real-world assets.
Does Pacifica or Bluefin require KYC?
Pacifica: No ID; blocked in the US, Canada, the UK, China, Russia, Ukraine, the Philippines and sanctioned countries. Bluefin: No ID (deposit addresses are sanctions-screened); not for the US, Canada, retail UK or sanctioned countries.
Can you arbitrage funding between Pacifica and Bluefin?
Yes: 1 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 HYPE, long on Pacifica and short on Bluefin, with $0 left after costs.
Which is bigger, Pacifica or Bluefin?
24-hour volume: Pacifica $959.1M, Bluefin $948K. Open interest as each reports it: $110.7M and $740K. Pacifica reports open interest as longs plus shorts, both sides of every position; Bluefin reports one side. For the same positions Pacifica's figure reads about twice as large. TVL: $27.2M and $1.5M.