BlockBeats News, December 25th, Pacifica, a decentralized perpetual contract trading platform, currently supports viewing funding rate data from multiple platforms including Pacifica, Binance, Hyperliquid, Bybit, and Lighter, making it easy to quickly compare rate differences between different platforms. Traders on Pacifica have already executed arbitrage strategies by simultaneously opening long and short positions. According to real-time funding rate data from Pacifica, the major cryptocurrencies with significant positive or negative rate differences 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 engage in high-frequency trading and volume boosting to earn points, the funding rate can also serve as a basis for selecting trading pairs with manageable trading costs. The on-chain data analysis and copy trading tool Coinbob has now launched Coinbob Pacifica (@CoinbobPAC_bot), allowing users to copy high-frequency traders’ strategies, earn trading points, and prepare for potential airdrop opportunities.
