There is a price difference between Pacifica and Hyperliquid for the LIT perpetual contract, and both funding rates are inverse

BlockBeats News, December 23rd, according to Pacifica and Hyperliquid official website data, price and funding rate differences appeared in the pre-market perpetual contract of Lighter (LIT) between the two major platforms, and some traders conducted hedge arbitrage.

Currently, the price of LIT on Pacifica is approximately $3.94, with a funding rate of -0.0134% (shorts pay longs); while the price on Hyperliquid is around $4.05, with a funding rate of +0.0013% (longs pay shorts). The price difference between the two is about 1%, and the funding rate directions are opposite.

According to early today news, Hyperliquid has newly launched LIT (Lighter) USDC perpetual contract trading, supporting up to 3 times leverage.

On-chain data analysis and copy trading tool Coinbob has now launched Coinbob Pacifica (@CoinbobPAC_bot), where users can copy high-frequency traders' trading strategies, earn trading points, and prepare for potential airdrop opportunities.