The joint ESA/NASA LISA mission consists in three spacecraft on heliocentric
orbits, flying in a triangular formation of 5 Mkm each side, linked by infrared
optical beams. The aim of the mission is to detect gravitational waves in a low
frequency band. For properly processing the science data, the propagation
delays between spacecraft must be accurately known. We thus analyse the
propagation of light between spacecraft in order to systematically derive the
relativistic effects due to the static curvature of the Schwarzschild spacetime
in which the spacecraft are orbiting with time-varying light-distances. In
particular, our analysis allows to evaluate rigorously the Sagnac effect, and
the gravitational (Einstein) redshift.Comment: 6 figures; accepted for publication in PR