BlockBeats message, December 25, the Pacifica 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 the rate differences between different platforms. Traders on Pacifica have already implemented arbitrage strategies by simultaneously opening long and short hedge positions. According to real-time funding rate data from Pacifica, the current mainstream cryptocurrencies with significant positive and negative funding rate differences (Pacifica compared to other platforms):
- 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 for high-frequency trading and volume manipulation to earn points, the funding rate can also serve as a criterion for selecting trading pairs with controllable transaction costs. The current on-chain data analysis and copy trading tool Coinbob has launched Coinbob Pacifica (@CoinbobPAC_bot), allowing users to copy high-frequency traders and replicate their trading strategies to earn trading points and prepare for potential airdrop opportunities.
