Pacifica vs Derive
Head to head
the arrow points to the better figure| Pacifica | Derive | |
|---|---|---|
| Trading | ||
| $8.13 | BTC trade, $10k | — |
| $1,565 | BTC trade, $1M | — |
| $2.8M | BTC book depth | — |
| 0.040%/0.015% | Taker / maker▶ | 0.030%/0.010% |
| 50x | ◀Max leverage | 15x |
| Size | ||
| $959.1M | ◀Volume 24h | — |
| $745.6M | Volume, 7-day average | — |
| $110.4Mlongs + shorts | Open interest | $84.6Mone side |
| $27.2M | ◀TVL | $295K |
| Markets | ||
| 78 | ◀Markets | 15 |
| 24 | ◀Stocks & RWA | 0 |
| 1h | Funding paid every | — |
| +0.0100% | BTC funding /8h | +0.0100% |
| +0.841% | BTC longs paid, 30d | +0.212% |
| Access | ||
| No ID | KYC | No ID |
| none yet | Token | none yet |
| Active | Airdrop | — |
Volume by asset class
last 90 daysOn both: 0
funding /8h · Net 7d at $10kOnly on Pacifica: 78
BTC · ETH · SOL · HYPE · ZEC · BNB · XAU · PAXG · SKHYNIX · LIT · XAG · PUMP · NVDA · SP500 · AVAX · CL · XMR · LTC · SNDK · NEAR · XRP · TSLA · MU · CRV · ZRO · SPCX · MSTR · CRCL · AAVE · GOOGL · EUR · DRAM · UNI · ENA · PLTR · BP · WLFI · ICP · ADA · HOOD · TRUMP · FARTCOIN · SUI · DOGE · WLD · TAO · JUP · USDJPY · MON · ASTER · NATGAS · SAMSUNG · COPPER · LINK · META · BCH · XPL · PEPE · PENGU · VVV · and 18 more
Only on Derive: 0
Questions
Which has more markets, Pacifica or Derive?
Pacifica lists 78 active markets and Derive 15; 0 assets trade on both.
Does Pacifica or Derive require KYC?
Pacifica: No ID; blocked in the US, Canada, the UK, China, Russia, Ukraine, the Philippines and sanctioned countries. Derive: No ID, the account is created by your first deposit; not for US persons, Australian tax residents, Ontario or sanctioned countries.
Can you arbitrage funding between Pacifica and Derive?
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 Derive?
24-hour volume: Pacifica $959.1M, Derive {vb}. Open interest as each reports it: $110.4M and $84.6M. Pacifica reports open interest as longs plus shorts, both sides of every position; Derive reports one side. For the same positions Pacifica's figure reads about twice as large. TVL: $27.2M and $295K.

