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Pacifica Adds Extended to Funding Rate Comparison, Significant Discrepancies in LIT Rates Across Platforms
Summary: In a recent update, decentralized perpetual contract trading platform Pacifica has once again added Extended platform funding rate data, having previously supported data from Pacifica, Binance, Hyperliquid, Lighter, and other platforms. According to real-time funding rate data from Pacifica, the currencies with significant positive/negative rate differences within the past 1 hour (Pacifica compared to other ...
In a recent update, decentralized perpetual contract trading platform Pacifica has once again added Extended platform funding rate data, having previously supported data from Pacifica, Binance, Hyperliquid, Lighter, and other platforms.
According to real-time funding rate data from Pacifica, the currencies with significant positive/negative rate differences within the past 1 hour (Pacifica compared to other platforms) are:
LIT (Pacifica vs Hyperliquid): +0.01%
ZEC (Pacifica vs Binance): +0.0064%
HYPE (Pacifica vs Hyperliquid): -0.0023%
NVDA (Pacifica vs Hyperliquid): +0.0036%
Such rate variances provide opportunities for arbitrage. Some traders are already executing arbitrage strategies by opening long and short positions on Pacifica and simultaneously increasing trading volume. 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.
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Link: Pacifica Adds Extended to Funding Rate Comparison, Significant Discrepancies in LIT Rates Across Platforms [Copy]