Pacifica vs Lighter RH
Pacifica traded 1.5× Lighter RH's 24-hour volume ($959.1M vs $645.5M).
Head to head
the arrow points to the better figure| Pacifica | Lighter RH | |
|---|---|---|
| Trading | ||
| $8.13 | BTC trade, $10k▶ | $1.72 |
| $1,565 | BTC trade, $1M▶ | $1,066 |
| $2.8M | BTC book depth▶ | $3.7M |
| 0.040%/0.015% | Taker / maker▶ | 0.000%/0.000% |
| 50x | Max leverage≈ | 50x |
| Size | ||
| $959.1M | ◀Volume 24h | $645.5M |
| $745.6M | ◀Volume, 7-day average | $654.5M |
| $110.4Mlongs + shorts | Open interest | $169.1Mone side |
| $27.2M | TVL▶ | $112.4M |
| Markets | ||
| 78 | ◀Markets | 67 |
| 24 | Stocks & RWA▶ | 48 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0096% |
| +0.841% | BTC longs paid, 30d | +0.612% |
| Access | ||
| No ID | KYC | No ID |
| none yet | Token | $LIT |
| Active | Airdrop | Points live |
Cost to trade BTC
| Size | Pacifica | Lighter RH |
|---|---|---|
| $1k | $0.818.1 bp | $0.161.6 bp |
| $10k | $8.138.1 bp | $1.721.7 bp |
| $100k | $87.078.7 bp | $20.002.0 bp |
| $1M | $1,56515.7 bp | $1,06610.7 bp |
| $5M | — | — |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 28
funding /8h · Net 7d at $10k| Asset | Pacifica | Lighter RH | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0096% | +0.0004% | −$8 |
| ETH | +0.0100% | +0.0096% | +0.0004% | −$1 |
| HYPE | +0.0100% | +0.0096% | +0.0004% | −$19 |
| SOL | +0.0100% | +0.0032% | +0.0068% | −$7 |
| ZEC | +0.0100% | +0.0096% | +0.0004% | −$31 |
| LIT | +0.0100% | +0.0072% | +0.0028% | −$80 |
| NEAR | +0.0100% | +0.0096% | +0.0004% | −$19 |
| XRP | +0.0100% | +0.0096% | +0.0004% | −$8 |
| XMR | +0.0100% | +0.1184% | +0.1084% | −$1 |
| AAVE | +0.0100% | −0.0248% | +0.0348% | −$19 |
| UNI | +0.0100% | +0.0096% | +0.0004% | −$44 |
| SUI | +0.0100% | −0.0048% | +0.0148% | −$18 |
| LINK | +0.0100% | +0.0032% | +0.0068% | — |
| ZRO | +0.0100% | +0.0096% | +0.0004% | — |
| VVV | +0.0100% | +0.0080% | +0.0020% | −$61 |
| PONS | +0.0100% | +0.0096% | — | — |
| USELESS | +0.0100% | +0.0096% | — | — |
Only on Pacifica: 50
BNB · PAXG · SKHYNIX · PUMP · SP500 · AVAX · CL · LTC · CRV · MSTR · EUR · DRAM · ENA · BP · WLFI · ICP · ADA · HOOD · TRUMP · FARTCOIN · DOGE · WLD · TAO · JUP · USDJPY · MON · ASTER · NATGAS · SAMSUNG · COPPER · BCH · XPL · PEPE · PENGU · ARB · XPT · 2Z · WIF · KAITO · CHIP · STRK · SHIB · ZK · PIPPIN · VIRTUAL · BONK · MEGA · LDO · URNM · XTEN
Questions
Is Pacifica or Lighter RH cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $8.13 on Pacifica and $1.72 on Lighter RH right now, taker fee and order-book slippage together, so Lighter RH is cheaper. Taker fees: 0.04% and 0%. Lighter RH: 0 / 0 is the default Standard account, whose taker orders wait 300 ms; a Premium account (140 ms) pays 0.4 bp maker, 2.8 bp taker.
Which has more markets, Pacifica or Lighter RH?
Pacifica lists 78 active markets and Lighter RH 67; 28 assets trade on both, 11 of them stocks, commodities or other real-world assets.
Does Pacifica or Lighter RH require KYC?
Pacifica: No ID; blocked in the US, Canada, the UK, China, Russia, Ukraine, the Philippines and sanctioned countries. Lighter RH: No ID, wallet connect only; closed to 18 regions including the US, UK, Canada, China, Russia, Switzerland, Singapore and the UAE.
Can you arbitrage funding between Pacifica and Lighter RH?
Not profitably right now: none of the 28 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Pacifica or Lighter RH?
24-hour volume: Pacifica $959.1M, Lighter RH $645.5M. Open interest as each reports it: $110.4M and $169.1M. Pacifica reports open interest as longs plus shorts, both sides of every position; Lighter RH reports one side. For the same positions Pacifica's figure reads about twice as large. TVL: $27.2M and $112.4M.