Pacifica vs Bullet
Pacifica traded 65× Bullet's 24-hour volume ($959.1M vs $14.8M) and holds 26× its open interest.
Head to head
the arrow points to the better figure| Pacifica | Bullet | |
|---|---|---|
| Trading | ||
| $8.13 | BTC trade, $10k▶ | $3.69 |
| $1,637 | ◀BTC trade, $1M | $21,991 |
| $2.5M | ◀BTC book depth | $1.6M |
| 0.040%/0.015% | Taker / maker▶ | 0.000%/0.000% |
| 50x | ◀Max leverage | 20x |
| Size | ||
| $959.1M | ◀Volume 24h | $14.8M |
| $745.6M | ◀Volume, 7-day average | $28.0M |
| $110.7M | ◀Open interest | $4.2M |
| $27.2M | TVL | — |
| Markets | ||
| 78 | ◀Markets | 30 |
| 24 | ◀Stocks & RWA | 14 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +0.841% | BTC longs paid, 30d | +0.392% |
| Access | ||
| No ID | KYC | No ID |
| none yet | Token | none yet |
| Active | Airdrop | Active |
Cost to trade BTC
| Size | Pacifica | Bullet |
|---|---|---|
| $1k | $0.818.1 bp | $0.222.2 bp |
| $10k | $8.138.1 bp | $3.693.7 bp |
| $100k | $91.579.2 bp | $12312.3 bp |
| $1M | $1,63716.4 bp | $21,991219.9 bp |
| $5M | — | — |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 23
funding /8h · Net 7d at $10k| Asset | Pacifica | Bullet | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0100% | 0.0000% | −$13 |
| SOL | +0.0100% | −0.0153% | +0.0253% | −$8 |
| ETH | +0.0100% | +0.0056% | +0.0044% | −$1 |
| LIT | +0.0100% | −0.0873% | +0.0973% | −$5 |
| HYPE | +0.0100% | +0.0100% | 0.0000% | −$16 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$17 |
| NEAR | +0.0100% | +0.0100% | 0.0000% | −$44 |
| XRP | +0.0100% | +0.0100% | 0.0000% | −$24 |
| UNI | +0.0100% | +0.0100% | 0.0000% | — |
| DOGE | +0.0100% | +0.0100% | 0.0000% | — |
| PUMP | +0.0100% | +0.0070% | +0.0030% | — |
| TAO | +0.0100% | +0.0099% | — | — |
| ENA | +0.0100% | +0.0100% | 0.0000% | — |
Only on Pacifica: 55
BNB · PAXG · AVAX · XMR · LTC · CRV · ZRO · MSTR · CRCL · AAVE · GOOGL · EUR · DRAM · PLTR · BP · WLFI · ICP · ADA · HOOD · TRUMP · FARTCOIN · SUI · WLD · JUP · MON · 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 · MEGA · USELESS · LDO · URNM · XTEN
Questions
Is Pacifica or Bullet cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $8.13 on Pacifica and $3.69 on Bullet right now, taker fee and order-book slippage together, so Bullet is cheaper. Taker fees: 0.04% and 0%.
Which has more markets, Pacifica or Bullet?
Pacifica lists 78 active markets and Bullet 30; 23 assets trade on both, 10 of them stocks, commodities or other real-world assets.
Does Pacifica or Bullet require KYC?
Pacifica: No ID; blocked in the US, Canada, the UK, China, Russia, Ukraine, the Philippines and sanctioned countries. Bullet: No ID (the terms keep a right to ask); not for US or Singapore residents or sanctioned countries.
Can you arbitrage funding between Pacifica and Bullet?
Yes: 4 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 MU, long on Pacifica and short on Bullet, with $79 left after costs.
Which is bigger, Pacifica or Bullet?
24-hour volume: Pacifica $959.1M, Bullet $14.8M. Open interest as each reports it: $110.7M and $4.2M. TVL: $27.2M and none published.

