Pacifica vs Bulk
Pacifica traded 25× Bulk's 24-hour volume ($959.1M vs $38.1M) and holds 7.0× its open interest.
Head to head
the arrow points to the better figure| Pacifica | Bulk | |
|---|---|---|
| Trading | ||
| $8.13 | BTC trade, $10k▶ | $7.00 |
| $1,565 | BTC trade, $1M▶ | $1,390 |
| $2.8M | ◀BTC book depth | $1.9M |
| 0.040%/0.015% | Taker / maker▶ | 0.035%/0.000% |
| 50x | ◀Max leverage | 40x |
| Size | ||
| $959.1M | ◀Volume 24h | $38.1M |
| $745.6M | ◀Volume, 7-day average | $32.4M |
| $110.4M | ◀Open interest | $15.8M |
| $27.2M | ◀TVL | $7.0M |
| Markets | ||
| 78 | ◀Markets | 19 |
| 24 | ◀Stocks & RWA | 8 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +0.841% | BTC longs paid, 30d | +0.811% |
| Access | ||
| No ID | KYC | No ID |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Pacifica | Bulk |
|---|---|---|
| $1k | $0.818.1 bp | $0.707.0 bp |
| $10k | $8.138.1 bp | $7.007.0 bp |
| $100k | $87.078.7 bp | $79.568.0 bp |
| $1M | $1,56515.7 bp | $1,39013.9 bp |
| $5M | — | — |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 18
funding /8h · Net 7d at $10k| Asset | Pacifica | Bulk | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0100% | 0.0000% | −$22 |
| ETH | +0.0100% | +0.0097% | +0.0003% | +$5 |
| SOL | +0.0100% | +0.0100% | 0.0000% | −$36 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$19 |
| PAXG | +0.0100% | +0.0031% | +0.0069% | −$31 |
| HYPE | +0.0100% | +0.0100% | 0.0000% | −$28 |
| LIT | +0.0100% | −0.0166% | +0.0266% | −$72 |
| NEAR | +0.0100% | +0.0100% | 0.0000% | −$41 |
| XRP | +0.0100% | +0.0100% | 0.0000% | −$30 |
| PUMP | +0.0100% | +0.0100% | 0.0000% | −$36 |
| MON | +0.0100% | −0.0363% | +0.0463% | −$140 |
Only on Pacifica: 60
BNB · XAU · XAG · SP500 · AVAX · CL · XMR · LTC · CRV · ZRO · SPCX · AAVE · GOOGL · EUR · DRAM · UNI · ENA · PLTR · BP · WLFI · ICP · ADA · HOOD · TRUMP · FARTCOIN · SUI · DOGE · WLD · TAO · JUP · USDJPY · ASTER · NATGAS · SAMSUNG · COPPER · LINK · META · BCH · XPL · PEPE · PENGU · VVV · ARB · XPT · 2Z · WIF · KAITO · CHIP · STRK · SHIB · ZK · PIPPIN · VIRTUAL · BONK · PONS · USELESS · MEGA · LDO · URNM · XTEN
Only on Bulk: 1
Questions
Is Pacifica or Bulk cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $8.13 on Pacifica and $7.00 on Bulk right now, taker fee and order-book slippage together, so Bulk is cheaper. Taker fees: 0.04% and 0.035%.
Which has more markets, Pacifica or Bulk?
Pacifica lists 78 active markets and Bulk 19; 18 assets trade on both, 7 of them stocks, commodities or other real-world assets.
Does Pacifica or Bulk require KYC?
Pacifica: No ID; blocked in the US, Canada, the UK, China, Russia, Ukraine, the Philippines and sanctioned countries. Bulk: No ID (the terms keep a right to checks); barred: the US, UK, Ontario, Australia, Japan, South Korea, Singapore, UAE and several EU countries.
Can you arbitrage funding between Pacifica and Bulk?
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 ETH, long on Bulk and short on Pacifica, with $5 left after costs.
Which is bigger, Pacifica or Bulk?
24-hour volume: Pacifica $959.1M, Bulk $38.1M. Open interest as each reports it: $110.4M and $15.8M. TVL: $27.2M and $7.0M.

