Pacifica vs Coinbase International
Pacifica traded 1.3× Coinbase International's 24-hour volume ($808.0M vs $607.1M).
Head to head
the arrow points to the better figure| Pacifica | Coinbase International | |
|---|---|---|
| Trading | ||
| $8.14 | BTC trade, $10k | — |
| $1,712 | BTC trade, $1M | — |
| $4.5M | BTC book depth | — |
| 0.040%/0.015% | Taker / maker≈ | 0.040%/0.020% |
| 50x | Max leverage≈ | 50x |
| Size | ||
| $808.0M | ◀Volume 24h | $607.1M |
| $682.2M | Volume, 7-day average▶ | $5.87B |
| $138.5Mlongs + shorts | Open interest | $179.2Mone side |
| $25.7M | TVL | — |
| Markets | ||
| 77 | Markets▶ | 131 |
| 24 | Stocks & RWA▶ | 34 |
| 1h | Funding paid every | — |
| +0.0100% | BTC funding /8h | +0.0472% |
| +0.724% | BTC longs paid, 30d | +0.552% |
| Access | ||
| No ID | ◀KYC | Required |
| none yet | Token | none yet |
| Active | Airdrop | — |
Size
daily, last 90 daysVolume by asset class
last 90 daysOn both: 0
funding /8h · Net 7d at $10kOnly on Pacifica: 77
BTC · ETH · SOL · HYPE · ZEC · BNB · XAU · PAXG · JUP · LTC · LIT · NEAR · PUMP · XRP · SP500 · XAG · CRV · TAO · ZRO · CL · AAVE · ENA · NVDA · DOGE · SNDK · MON · LINK · PLTR · UNI · CRCL · WLFI · SUI · XMR · TSLA · AVAX · FARTCOIN · BP · XPL · ICP · MU · ADA · EUR · SKHYNIX · ASTER · SPCX · SAMSUNG · USDJPY · TRUMP · MSTR · WLD · PONS · HOOD · USELESS · GOOGL · PEPE · DRAM · VVV · PENGU · BCH · WIF · and 17 more
Only on Coinbase International: 0
Questions
Which has more markets, Pacifica or Coinbase International?
Pacifica lists 77 active markets and Coinbase International 131; 0 assets trade on both.
Does Pacifica or Coinbase International require KYC?
Pacifica: No ID; blocked in the US, Canada, the UK, China, Russia, Ukraine, the Philippines and sanctioned countries. Coinbase International: ID and a suitability check; perps are for eligible non-US countries, not for US or UK retail.
Can you arbitrage funding between Pacifica and Coinbase International?
Not profitably right now: none of the 0 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Pacifica or Coinbase International?
24-hour volume: Pacifica $808.0M, Coinbase International $607.1M. Open interest as each reports it: $138.5M and $179.2M. Pacifica reports open interest as longs plus shorts, both sides of every position; Coinbase International 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 Coinbase International: which to use
Pacifica vs Coinbase International is a decentralized exchange against a centralized one. On Pacifica you trade from a self-custody wallet without ID, at 1.5 bp maker and 4 bp taker. Coinbase International holds your funds in an account, requires ID and a suitability check, and charges 2 bp maker and 4 bp taker. Both offer up to 50x and hourly funding. Coinbase International lists 131 perp markets against Pacifica's 77. Custody, ID and market count decide it for most traders.
How each exchange is built
Pacifica is a decentralized exchange (DEX) on Solana. It matches orders on a central limit order book. You trade from a self-custody wallet, so you hold your own funds.
Coinbase International 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.
The cost table above reads each exchange's live order book for slippage. The difference for you is custody. On Pacifica you sign trades from your wallet. On Coinbase International you log in to an account.
Fees and what they mean
Pacifica's base tier is 1.5 bp maker and 4 bp taker, per Pacifica's fee page. Coinbase International's base tier is 2 bp maker and 4 bp taker, per Coinbase International's fee page.
The taker rate is the same. A market order pays it to open and again to close: 8 bp per round trip on both. A limit order that rests on the book pays the maker fee instead, 1.5 bp on Pacifica and 2 bp on Coinbase International. The gap shows up only for traders who use limit orders.
Fees are 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 includes both at each size from $1k to $5M, and every exchange's trading cost is compared on one page.
Markets and leverage
As of 1 October 2026 Coinbase International lists 131 active perps, 34 of them stocks, commodities, FX or other real-world assets. Pacifica lists 77, 24 of them real-world assets. Coinbase International has more markets in total and more real-world asset markets.
Both exchanges allow up to 50x on their highest-leverage market; most markets allow less. Both pay funding every hour on every market. An hourly interval means a position settles funding 24 times a day. 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.
Coinbase International requires ID and a suitability check. Its perps are for eligible non-US countries, and they are not for US or UK retail.
Check your country against each rule before you plan around either exchange.
Points, token and vaults
Pacifica has no token yet. Its points and airdrop program status was "Active" as of 19 September 2026, and points programs and token launches across exchanges are tracked on one page. arb.sh tracks no vault run by Pacifica.
Reading the numbers on this page
Pacifica publishes open interest as longs plus shorts, both sides of every position. Coinbase International publishes one side of open positions. For the same positions Pacifica's figure reads about twice as large. The open interest row and chart above are therefore not a like-for-like comparison of size.
Coinbase International publishes no TVL, as is usual for a centralized exchange. The TVL row and chart show Pacifica alone, as DefiLlama's figure for the exchange.
Which one fits you
- Pick Pacifica if you want to keep funds in your own wallet and trade without ID.
- Pick Pacifica if you place mostly limit orders: 1.5 bp maker against 2 bp.
- Pick Pacifica if you want to follow a points program, which was "Active" as of 19 September 2026.
- Pick Coinbase International if you prefer an exchange account and accept ID and a suitability check.
- Pick Coinbase International if you want more markets: 131 against 77, with 34 real-world asset markets against 24.