On December 25th, the Pacifica decentralized perpetual contract trading platform now supports viewing funding rate data from multiple platforms including Pacifica, Binance, Hyperliquid, Bybit, and Lighter, facilitating quick comparison of rate differences between platforms. Traders on Pacifica are already executing arbitrage strategies by simultaneously opening long and short hedging positions. According to Pacifica's real-time funding rate data, the mainstream cryptocurrencies with significant positive and negative rate differences (Pacifica compared to other platforms) are as follows:
- HYPE: Pacifica vs Bybit: -0.00188%
- BCH: Pacifica vs Binance: +0.00108%
- SOL: Pacifica vs Hyperliquid/Binance: -0.00215%
- WLFI: Pacifica vs Binance: +0.00337%
- 2Z: Pacifica vs Hyperliquid: +0.01%
For traders aiming to earn points through high-frequency trading and volume manipulation, funding rates can also serve as a basis for selecting trading pairs with manageable costs. The on-chain data analytics and copy trading tool Coinbob has now launched Coinbob Pacifica (@CoinbobPAC_bot), allowing users to copy the trading strategies of high-frequency traders, earn trading points, and prepare for potential airdrop opportunities.
