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Pacifica has included Extended in the funding rate comparison, and currently, the LIT fee rate shows significant differences across platforms.
On December 30th, the decentralized perpetual contract trading platform Pacifica has once again added Extended platform funding rate data. Previously, data from platforms such as Pacifica, CEX, Hyperliquid, and Lighter were supported. According to real-time funding rate data from Pacifica, the current significant positive and negative rate differences within 1 hour among certain cryptocurrencies (Pacifica compared to other platforms): LIT (Pacifica vs Hyperliquid): +0.01% ZEC (Pacifica vs CEX): +0.0064% HYPE (Pacifica vs Hyperliquid): -0.0023% NVDA (Pacifica vs Hyperliquid): +0.0036% Such rate differences provide opportunities for hedging arbitrage. Currently, traders are executing arbitrage strategies on Pacifica by opening long and short hedge positions and simultaneously increasing trading volume. The on-chain data analysis and copy trading tool Coinbob is now live. Coinbob Pacifica (@CoinbobPAC_bot) allows users to copy high-frequency traders’ strategies, earn trading points, and prepare for potential airdrop opportunities.