ArbiLayer

BAY arbitrage

live

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

Best net spread+1.67%MEXC → Bitget · Spot–Spot
Best perp–perp spread—no perp pair
Markets tracked33 venues · 1 perp · 2 spot · 0 DEX
Price range2.68%$0.0361 – $0.0371

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
MEXC logoMEXCspot$0.0363Aster logoAster$0.0336 -7.64%-7.84% -7.64%— +0.030%— 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.

BAY price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bitget logoBitgetSpot · BAYUSDTSpot $0.037$0.0371$0.0371+2.49% —$287.3K
Aster logoAsterPerpetual · BAYUSDTPerpetual $0.0336$0.0386$0.0361-0.19% +0.030%—
MEXC logoMEXCSpot · BAYUSDTSpot $0.036$0.0363$0.03620.00% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

BAY arbitrage explained

Right now Marina Protocol (BAY) trades on 3 venues we scan: 1 perpetual market, 2 spot markets and 0 DEX pools. The lowest ask is on MEXC spot at $0.0363 and the highest bid on Bitget spot at $0.037.

For a spot–perpetual (cash-and-carry) trade, the best BAY route is to buy spot on MEXC and short the perpetual on Aster: -7.64% gross, -7.84% net, with +0.030% a day of funding on the short leg.

Spot–spot BAY arbitrage (buy on MEXC, withdraw, deposit and sell on Bitget) shows +1.87% 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 BAY 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: BAY funding rates · BAY spread charts · Marina Protocol price · arbitrage scanner for all coins.

Is there a BAY arbitrage opportunity right now?

The best BAY route right now is to buy on MEXC spot → sell on Bitget spot (Spot–Spot): +1.87% gross and +1.67% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest BAY?

MEXC (spot) has the lowest BAY ask at $0.0363, and Bitget (spot) the highest bid at $0.037. Prices update every 15 seconds on this page.

How many exchanges list BAY?

ArbiLayer tracks 3 BAY markets on 3 venues: 1 perpetual, 2 spot and 0 DEX pools.

How do I arbitrage BAY without transferring coins?

Open a long perpetual on the cheaper exchange and a short on the more expensive one, then close both when the prices converge. BAY currently has fewer than two perpetual venues in the scanner.

Arbitrage for other coins