ArbiLayer

BARD arbitrage

live

Live Lombard price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.14%Bitget → Bybit · Perp–Perp
Best perp–perp spread+0.02%Bitget → Bybit
Markets tracked169 venues · 9 perp · 7 spot · 0 DEX
Price range0.30%$0.1252 – $0.1256

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bitget logoBitget$0.1253Bybit logoBybit$0.1253 +0.02%-0.14% +0.02%— -0.001%— LS Chart →
OKX logoOKX$0.1253Bybit logoBybit$0.1253 +0.02%-0.14% +0.02%— -0.001%— LS Chart →
Bitget logoBitget$0.1253Binance logoBinance$0.1253 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Bitget logoBitget$0.1253MEXC logoMEXC$0.1253 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Bitget logoBitget$0.1253Gate logoGate$0.1253 0.00%-0.16% 0.00%— 0.000%— LS Chart →
OKX logoOKX$0.1253Binance logoBinance$0.1253 0.00%-0.16% 0.00%— 0.000%— LS Chart →
OKX logoOKX$0.1253MEXC logoMEXC$0.1253 0.00%-0.16% 0.00%— 0.000%— LS Chart →
OKX logoOKX$0.1253Gate logoGate$0.1253 0.00%-0.16% 0.00%— 0.000%— LS Chart →
Binance logoBinance$0.1254Bybit logoBybit$0.1253 -0.06%-0.22% -0.06%— -0.001%— LS Chart →
MEXC logoMEXC$0.1254Bybit logoBybit$0.1253 -0.06%-0.22% -0.06%— -0.001%— LS Chart →
Gate logoGate$0.1254Bybit logoBybit$0.1253 -0.06%-0.22% -0.06%— -0.001%— LS Chart →
Aster logoAster$0.1254Bybit logoBybit$0.1253 -0.06%-0.22% -0.06%— -0.001%— LS Chart →
Binance logoBinance$0.1254MEXC logoMEXC$0.1253 -0.08%-0.24% -0.08%— 0.000%— LS Chart →
Binance logoBinance$0.1254Gate logoGate$0.1253 -0.08%-0.24% -0.08%— 0.000%— LS Chart →
MEXC logoMEXC$0.1254Binance logoBinance$0.1253 -0.08%-0.24% -0.08%— 0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

BARD price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
OKX logoOKXPerpetual · BARD-USDT-SWAPPerpetual $0.1252$0.1253$0.1253-0.12% +0.030%$494.8K
Bybit logoBybitPerpetual · BARDUSDTPerpetual $0.1253$0.1255$0.1254+0.00% +0.029%$483.1K
Bybit logoBybitSpot · BARDUSDTSpot $0.1255$0.1256$0.1256+0.12% —$203.4K
MEXC logoMEXCPerpetual · BARD_USDTPerpetual $0.1253$0.1254$0.1254-0.04% +0.030%$162.5K
KuCoin logoKuCoinPerpetual · BARDUSDTMPerpetual $0.1252$0.1256$0.1254-0.02% +0.030%$155.4K
Bitget logoBitgetPerpetual · BARDUSDTPerpetual $0.1251$0.1253$0.1252-0.16% +0.030%$146.3K
OKX logoOKXSpot · BARD-USDTSpot $0.1254$0.1255$0.1255+0.04% —$65.8K
Bitget logoBitgetSpot · BARDUSDTSpot $0.1255$0.1256$0.1256+0.14% —$43.1K
Gate logoGatePerpetual · BARD_USDTPerpetual $0.1253$0.1254$0.1254-0.04% +0.030%$40.9K
Gate logoGateSpot · BARD_USDTSpot $0.1254$0.1256$0.1255+0.08% —$23.2K
Variational logoVariationalPerpetual · BARDPerpetual $0.1252$0.1257$0.1255+0.04% +0.030%$16.9K
KuCoin logoKuCoinSpot · BARD-USDTSpot $0.1248$0.126$0.1254-0.00% —$6.8K
Binance logoBinancePerpetual · BARDUSDTPerpetual $0.1253$0.1254$0.1254-0.04% +0.030%—
Aster logoAsterPerpetual · BARDUSDTPerpetual $0.1252$0.1254$0.1253-0.08% +0.030%—
Binance logoBinanceSpot · BARDUSDTSpot $0.1254$0.1256$0.1255+0.08% ——
MEXC logoMEXCSpot · BARDUSDTSpot $0.1254$0.1255$0.1255+0.04% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

BARD arbitrage explained

Right now Lombard (BARD) trades on 9 venues we scan: 9 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on OKX perp at $0.1253 and the highest bid on Bitget spot at $0.1255.

The widest BARD perpetual spread is between Bitget and Bybit: long BARD on Bitget at $0.1253 and short on Bybit at $0.1253 for +0.02% gross, or -0.14% 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 -0.001% per day, which the position pays while it is open.

For a spot–perpetual (cash-and-carry) trade, the best BARD route is to buy spot on OKX and short the perpetual on Bybit: -0.14% gross, -0.34% net, with +0.029% a day of funding on the short leg.

Spot–spot BARD arbitrage (buy on OKX, withdraw, deposit and sell on Bitget) shows +0.02% 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 BARD 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: BARD funding rates · BARD spread charts · Lombard price · arbitrage scanner for all coins.

Is there a BARD arbitrage opportunity right now?

The best BARD route right now is to buy on Bitget → sell on Bybit (Perp–Perp): +0.02% gross and -0.14% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest BARD?

OKX (perp) has the lowest BARD ask at $0.1253, and Bitget (spot) the highest bid at $0.1255. Prices update every 15 seconds on this page.

How many exchanges list BARD?

ArbiLayer tracks 16 BARD markets on 9 venues: 9 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage BARD without transferring coins?

Use two perpetual contracts: go long BARD on the cheaper exchange (Bitget now) and short it on the more expensive one (Bybit), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins