B2 arbitrage explained
Right now BSquared Network (B2) trades on 8 venues we scan: 8 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on Bitget perp at $0.4506 and the highest bid on MEXC perp at $0.4512.
The widest B2 perpetual spread is between Bitget and Binance: long B2 on Bitget at $0.4506 and short on Binance at $0.4512 for +0.13% gross, or -0.03% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is 0.000% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best B2 route is to buy spot on Gate and short the perpetual on Binance: +0.11% gross, -0.09% net, with +0.030% a day of funding on the short leg.
Spot–spot B2 arbitrage (buy on Gate, withdraw, deposit and sell on KuCoin) shows 0.00% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.
Small B2 gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.
Related: B2 funding rates · B2 spread charts · BSquared Network price · arbitrage scanner for all coins.