Head to head
the arrow points to the better figure| Pacifica | N1 | |
|---|---|---|
| Trading | ||
| $8.13 | ◀BTC trade, $10k | $11.93 |
| $1,637 | BTC trade, $1M | — |
| $2.5M | ◀BTC book depth | $388K |
| 0.040%/0.015% | Taker / maker▶ | 0.035%/0.010% |
| 50x | Max leverage≈ | 50x |
| Size | ||
| $959.1M | ◀Volume 24h | $2.6M |
| $745.6M | ◀Volume, 7-day average | $2.5M |
| $110.7Mlongs + shorts | Open interest | $854Kone side |
| $27.2M | TVL | — |
| Markets | ||
| 78 | ◀Markets | 40 |
| 24 | ◀Stocks & RWA | 0 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0064% |
| +0.841% | BTC longs paid, 30d | +0.505% |
| Access | ||
| No ID | KYC | No ID |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Pacifica | N1 |
|---|---|---|
| $1k | $0.818.1 bp | $1.0610.6 bp |
| $10k | $8.138.1 bp | $11.9311.9 bp |
| $100k | $91.579.2 bp | $24824.8 bp |
| $1M | $1,63716.4 bp | — |
| $5M | — | — |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 32
funding /8h · Net 7d at $10k| Asset | Pacifica | N1 | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0064% | +0.0036% | −$5 |
| ETH | +0.0100% | +0.0064% | +0.0036% | −$9 |
| HYPE | +0.0100% | +0.0208% | +0.0108% | −$1 |
| SOL | +0.0100% | +0.0096% | +0.0004% | −$54 |
| BNB | +0.0100% | +0.0040% | — | — |
| JUP | +0.0100% | 0.0000% | — | — |
| LIT | +0.0100% | −0.0680% | — | — |
| VVV | +0.0100% | +0.0360% | — | — |
| NEAR | +0.0100% | +0.0120% | — | — |
| AAVE | +0.0100% | −0.0040% | — | — |
| PAXG | +0.0100% | +0.0256% | — | — |
| ZEC | +0.0100% | +0.0208% | — | — |
| SUI | +0.0100% | −0.0200% | — | — |
| PUMP | +0.0100% | −0.0080% | — | — |
| XRP | +0.0100% | +0.0112% | — | — |
| ARB | +0.0100% | −0.0224% | — | — |
| ASTER | +0.0100% | +0.0088% | — | — |
| ENA | +0.0100% | −0.0136% | — | — |
| KAITO | +0.0100% | −0.0632% | — | — |
| MON | +0.0100% | −0.0248% | — | — |
Only on Pacifica: 46
XAU · SKHYNIX · XAG · NVDA · SP500 · AVAX · CL · SNDK · LTC · TSLA · MU · CRV · SPCX · MSTR · CRCL · GOOGL · EUR · DRAM · PLTR · BP · ICP · ADA · HOOD · TRUMP · USDJPY · NATGAS · SAMSUNG · COPPER · LINK · META · BCH · XPT · 2Z · WIF · CHIP · STRK · SHIB · ZK · PIPPIN · BONK · PONS · MEGA · USELESS · LDO · URNM · XTEN
Questions
Is Pacifica or N1 cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $8.13 on Pacifica and $11.93 on N1 right now, taker fee and order-book slippage together, so Pacifica is cheaper. Taker fees: 0.04% and 0.035%.
Which has more markets, Pacifica or N1?
Pacifica lists 78 active markets and N1 40; 32 assets trade on both.
Does Pacifica or N1 require KYC?
Pacifica: No ID; blocked in the US, Canada, the UK, China, Russia, Ukraine, the Philippines and sanctioned countries. N1: No ID; closed to residents and citizens of the US, Canada, Russia and sanctioned countries.
Can you arbitrage funding between Pacifica and N1?
Not profitably right now: none of the 32 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Pacifica or N1?
24-hour volume: Pacifica $959.1M, N1 $2.6M. Open interest as each reports it: $110.7M and $854K. Pacifica reports open interest as longs plus shorts, both sides of every position; N1 reports one side. For the same positions Pacifica's figure reads about twice as large. TVL: $27.2M and none published.