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There is a spread between the Pacifica and Hyperliquid LIT perpetual contracts in the pre-market, and both funding rates are inverse.

2025.12.23 15:16:38

December 23rd — Official website data from Pacifica and Hyperliquid shows pre-market perpetual contracts for Lighter (LIT) are trading with price and funding rate discrepancies across the two platforms, prompting some traders to pursue arbitrage hedging. Currently, LIT trades at ~$3.94 on Pacifica, with a -0.0134% funding rate (shorts pay longs). On Hyperliquid, the token is priced ~$4.05, with a +0.0013% rate (longs pay shorts). The price gap is roughly 1%, and their funding rate directions are opposite. Earlier today, Hyperliquid launched LIT (Lighter) USDC perpetual contracts, supporting up to 3x leverage. On-chain data analysis and copy trading tool Coinbob has rolled out Coinbob Pacifica (@CoinbobPAC_bot), letting users copy high-frequency traders’ strategies, earn trading points, and gear up for potential airdrop opportunities.
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