Pacifica vs Ondo Perps
Pacifica traded 2.2× Ondo Perps's 24-hour volume ($959.1M vs $442.0M).
Head to head
the arrow points to the better figure| Pacifica | Ondo Perps | |
|---|---|---|
| Trading | ||
| $8.13 | BTC trade, $10k≈ | $8.03 |
| $1,565 | BTC trade, $1M | — |
| $2.8M | ◀BTC book depth | $589K |
| 0.040%/0.015% | Taker / maker▶ | 0.025%/0.010% |
| 50x | ◀Max leverage | 40x |
| Size | ||
| $959.1M | ◀Volume 24h | $442.0M |
| $745.6M | ◀Volume, 7-day average | $283.3M |
| $110.4Mlongs + shorts | Open interest | $83.3Mone side |
| $27.2M | TVL | — |
| Markets | ||
| 78 | Markets≈ | 77 |
| 24 | Stocks & RWA▶ | 65 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +0.841% | BTC longs paid, 30d | +0.693% |
| Access | ||
| No ID | KYC | No ID |
| none yet | Token | none yet |
| Active | Airdrop | Active |
Cost to trade BTC
| Size | Pacifica | Ondo Perps |
|---|---|---|
| $1k | $0.818.1 bp | $0.808.0 bp |
| $10k | $8.138.1 bp | $8.038.0 bp |
| $100k | $87.078.7 bp | $14014.0 bp |
| $1M | $1,56515.7 bp | — |
| $5M | — | — |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 33
funding /8h · Net 7d at $10k| Asset | Pacifica | Ondo Perps | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0100% | 0.0000% | −$22 |
| ETH | +0.0100% | +0.0100% | 0.0000% | −$59 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$44 |
| HYPE | +0.0100% | +0.0100% | 0.0000% | −$24 |
| SOL | +0.0100% | +0.0100% | 0.0000% | −$50 |
| LIT | +0.0100% | +0.0100% | 0.0000% | — |
| XRP | +0.0100% | +0.0100% | 0.0000% | — |
| ENA | +0.0100% | +0.0100% | 0.0000% | — |
| PUMP | +0.0100% | +0.0100% | 0.0000% | −$133 |
| NEAR | +0.0100% | +0.0100% | 0.0000% | −$63 |
Only on Pacifica: 45
BNB · PAXG · AVAX · XMR · LTC · CRV · ZRO · AAVE · UNI · BP · WLFI · ICP · ADA · TRUMP · FARTCOIN · SUI · DOGE · WLD · TAO · JUP · MON · ASTER · LINK · BCH · XPL · PEPE · PENGU · VVV · ARB · XPT · 2Z · WIF · KAITO · CHIP · STRK · SHIB · ZK · PIPPIN · VIRTUAL · BONK · PONS · USELESS · MEGA · LDO · XTEN
Only on Ondo Perps: 44
NAS100 · QQQ · SPY · AAPL · BZ · INTC · MSFT · AMZN · SOXL · EWY · SKHY · COIN · OPENAI · AMD · NBIS · ORCL · MRVL · CBRS · TTWO · BB · ARM · TSM · LITE · AVGO · CRWV · BABA · GLW · ONDO · UNITREE · PURR · NFLX · CXMT · BMNR · KORU · ZHIPU · MINIMAX · MRNA · DKNG · WEN · ASML · RDDT · IBM · NKE · PEARL
Questions
Is Pacifica or Ondo Perps cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $8.13 on Pacifica and $8.03 on Ondo Perps right now, taker fee and order-book slippage together: about the same. Taker fees: 0.04% and 0.025%.
Which has more markets, Pacifica or Ondo Perps?
Pacifica lists 78 active markets and Ondo Perps 77; 33 assets trade on both, 23 of them stocks, commodities or other real-world assets.
Does Pacifica or Ondo Perps require KYC?
Pacifica: No ID; blocked in the US, Canada, the UK, China, Russia, Ukraine, the Philippines and sanctioned countries. Ondo Perps: No ID (only third-party fiat on-ramps check identity); not for the US, Canada, Panama, Russia, Ukraine or sanctioned countries.
Can you arbitrage funding between Pacifica and Ondo Perps?
Not profitably right now: none of the 33 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Pacifica or Ondo Perps?
24-hour volume: Pacifica $959.1M, Ondo Perps $442.0M. Open interest as each reports it: $110.4M and $83.3M. Pacifica reports open interest as longs plus shorts, both sides of every position; Ondo Perps reports one side. For the same positions Pacifica's figure reads about twice as large. TVL: $27.2M and none published.