Head to head
the arrow points to the better figure| Pacifica | GRVT | |
|---|---|---|
| Trading | ||
| $10.56 | BTC trade, $10k▶ | $9.01 |
| $1,490 | BTC trade, $1M▶ | $1,069 |
| $4.3M | BTC book depth≈ | $4.6M |
| 0.040%/0.015% | ◀Taker / maker | 0.045%/0.000% |
| 50x | Max leverage≈ | 50x |
| Size | ||
| $567.5M | ◀Volume 24h | $457.5M |
| $697.7M | ◀Volume, 7-day average | $454.2M |
| $134.8Mlongs + shorts | Open interest | $481.7Mone side |
| $27.5M | TVL▶ | $34.4M |
| Markets | ||
| 77 | Markets▶ | 184 |
| 24 | Stocks & RWA▶ | 105 |
| 1h | Funding paid every | 4h or 8h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +0.725% | BTC longs paid, 30d | +0.718% |
| Access | ||
| No ID | KYC | No ID |
| none yet | Token | $GRVT |
| Active | Airdrop | Active |
Cost to trade BTC
| Size | Pacifica | GRVT |
|---|---|---|
| $1k | $1.0110.1 bp | $0.909.0 bp |
| $10k | $10.5610.6 bp | $9.019.0 bp |
| $100k | $11211.2 bp | $90.129.0 bp |
| $1M | $1,49014.9 bp | $1,06910.7 bp |
| $5M | — | — |
HYPE funding per day
pair pageSize
daily, last yearVolume by asset class
last yearOn both: 62
funding /8h · Net 7d at $10k| Asset | Pacifica | GRVT | Spread | Net 7d |
|---|---|---|---|---|
| XAU | +0.0100% | 0.0000% | +0.0100% | −$16 |
| XAG | +0.0100% | +0.0216% | +0.0116% | +$2 |
| TSLA | +0.0100% | +0.0482% | +0.0382% | −$14 |
| SKHYNIX | +0.0100% | 0.0000% | +0.0100% | −$37 |
| MSTR | +0.0100% | 0.0000% | +0.0100% | −$40 |
| HOOD | +0.0100% | 0.0000% | +0.0100% | — |
| DRAM | +0.0100% | 0.0000% | +0.0100% | — |
| CRCL | +0.0100% | +0.0988% | +0.0888% | −$96 |
| CL | +0.0100% | 0.0000% | +0.0100% | $0 |
| SAMSUNG | +0.0100% | −0.0066% | +0.0166% | — |
| MU | +0.0100% | 0.0000% | +0.0100% | −$22 |
| NVDA | +0.0100% | 0.0000% | +0.0100% | −$13 |
| SNDK | +0.0100% | 0.0000% | +0.0100% | −$10 |
| COPPER | +0.0100% | 0.0000% | — | — |
| PLTR | +0.0100% | 0.0000% | +0.0100% | −$48 |
| GOOGL | +0.0100% | 0.0000% | +0.0100% | — |
| NATGAS | +0.0100% | +0.0274% | — | — |
| XPT | +0.0100% | 0.0000% | — | — |
| META | +0.0100% | +0.0074% | — | — |
| URNM | +0.0100% | 0.0000% | — | — |
Only on Pacifica: 15
SP500 · ZRO · SPCX · BP · EUR · USELESS · USDJPY · 2Z · VVV · PONS · PEPE · SHIB · BONK · PIPPIN · CHIP
Only on GRVT: 122
H · POL · KPEPE · AXS · INTC · ATOM · EWY · PENDLE · EWJ · XLM · ZEN · ONDO · CFX · KSHIB · KAIA · HBAR · MOODENG · GRVT · QQQ · FIL · OP · KBONK · SEI · POPCAT · DOT · XPD · AVNT · PROVE · EIGEN · GIGGLE · SPY · W · LINEA · SAHARA · BARD · PAYP · BERA · STRC · BASED · CC · LA · SOXL · RIVER · MORPHO · BZ · AAPL · FLNC · MSFT · SPACEX · AMD · SKHY · TSM · AMZN · XLE · COIN · V · RKLB · ANTHROPIC · BE · BMNR · and 62 more
Questions
Is Pacifica or GRVT cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $10.56 on Pacifica and $9.01 on GRVT right now, taker fee and order-book slippage together, so GRVT is cheaper. Taker fees: 0.04% and 0.045%.
Which has more markets, Pacifica or GRVT?
Pacifica lists 77 active markets and GRVT 184; 62 assets trade on both, 20 of them stocks, commodities or other real-world assets.
Does Pacifica or GRVT require KYC?
Pacifica: No ID; blocked in the US, Canada, the UK, China, Russia, Ukraine, the Philippines and sanctioned countries. GRVT: No ID since Aug 2025 (AML reviews can still ask for documents); not for the US, Canada, Singapore, Hong Kong, Russia or sanctioned countries.
Can you arbitrage funding between Pacifica and GRVT?
Yes: 2 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 PAXG, long on Pacifica and short on GRVT, with $3 left after costs.
Which is bigger, Pacifica or GRVT?
24-hour volume: Pacifica $567.5M, GRVT $457.5M. Open interest as each reports it: $134.8M and $481.7M. Pacifica reports open interest as longs plus shorts, both sides of every position; GRVT reports one side. For the same positions Pacifica's figure reads about twice as large. TVL: $27.5M and $34.4M.

