ArbiLayer

BARD arbitrage

live

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

Best net spread-0.09%Bitget → Bybit · Perp–Perp
Best perp–perp spread+0.07%Bitget → Bybit
Markets tracked169 venues · 9 perp · 7 spot · 0 DEX
Price range0.39%$0.1269 – $0.1274

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
OKX logoOKXspot$0.127Binance logoBinancespot$0.1271 +0.08%-0.12% +0.08%— 0.000%— LS Chart →
OKX logoOKXspot$0.127Bybit logoBybitspot$0.1271 +0.08%-0.12% +0.08%— 0.000%— LS Chart →
OKX logoOKXspot$0.127Bitget logoBitgetspot$0.127 +0.02%-0.18% +0.02%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.1271Binance logoBinancespot$0.1271 +0.01%-0.19% +0.01%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.1271Bybit logoBybitspot$0.1271 +0.01%-0.19% +0.01%— 0.000%— LS Chart →
OKX logoOKXspot$0.127MEXC logoMEXCspot$0.127 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Gate logoGatespot$0.1271Binance logoBinancespot$0.1271 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Gate logoGatespot$0.1271Bybit logoBybitspot$0.1271 0.00%-0.20% 0.00%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.1271Binance logoBinancespot$0.1271 0.00%-0.20% 0.00%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.1271Bybit logoBybitspot$0.1271 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Gate logoGatespot$0.1271Bitget logoBitgetspot$0.127 -0.06%-0.26% -0.06%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.1271Bitget logoBitgetspot$0.127 -0.06%-0.26% -0.06%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.1271MEXC logoMEXCspot$0.127 -0.07%-0.27% -0.07%— 0.000%— LS Chart →
Binance logoBinancespot$0.1272Bybit logoBybitspot$0.1271 -0.08%-0.28% -0.08%— 0.000%— LS Chart →
Bybit logoBybitspot$0.1272Binance logoBinancespot$0.1271 -0.08%-0.28% -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
Bybit logoBybitPerpetual · BARDUSDTPerpetual $0.127$0.1271$0.127+0.06% -0.005%$349.4K
OKX logoOKXPerpetual · BARD-USDT-SWAPPerpetual $0.1268$0.1269$0.1269-0.08% -0.008%$295.3K
MEXC logoMEXCPerpetual · BARD_USDTPerpetual $0.1269$0.127$0.1270.00% +0.030%$154.7K
Bybit logoBybitSpot · BARDUSDTSpot $0.1271$0.1272$0.1271+0.16% —$120.1K
Bitget logoBitgetPerpetual · BARDUSDTPerpetual $0.1268$0.1269$0.1269-0.08% +0.030%$88.4K
Bitget logoBitgetSpot · BARDUSDTSpot $0.127$0.1271$0.1271+0.08% —$58.5K
OKX logoOKXSpot · BARD-USDTSpot $0.1269$0.127$0.1270.00% —$39.9K
Variational logoVariationalPerpetual · BARDPerpetual $0.1267$0.1271$0.1269-0.04% +0.030%$34.0K
Gate logoGatePerpetual · BARD_USDTPerpetual $0.1268$0.127$0.1269-0.04% +0.030%$26.9K
KuCoin logoKuCoinPerpetual · BARDUSDTMPerpetual $0.1267$0.127$0.1269-0.06% +0.030%$20.0K
Gate logoGateSpot · BARD_USDTSpot $0.1269$0.1271$0.127+0.04% —$17.7K
KuCoin logoKuCoinSpot · BARD-USDTSpot $0.1267$0.128$0.1274+0.32% —$1.4K
Binance logoBinancePerpetual · BARDUSDTPerpetual $0.1269$0.127$0.1270.00% +0.030%—
Aster logoAsterPerpetual · BARDUSDTPerpetual $0.1268$0.127$0.1269-0.04% +0.030%—
Binance logoBinanceSpot · BARDUSDTSpot $0.1271$0.1272$0.1271+0.16% ——
MEXC logoMEXCSpot · BARDUSDTSpot $0.127$0.1271$0.1271+0.08% ——
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 $0.1269 and the highest bid on Bybit spot at $0.1271.

The widest BARD perpetual spread is between Bitget and Bybit: long BARD on Bitget at $0.1269 and short on Bybit at $0.127 for +0.07% gross, or -0.09% 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 -0.035% 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: -0.01% gross, -0.21% net, with -0.005% a day of funding on the short leg.

Spot–spot BARD arbitrage (buy on OKX, withdraw, deposit and sell on Binance) shows +0.08% 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): +0.07% gross and -0.09% 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 $0.1269, and Bybit (spot) the highest bid at $0.1271. 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