ArbiLayer

BEL arbitrage

live

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

Best net spread-0.08%MEXC → Bybit · Perp–Perp
Best perp–perp spread+0.08%MEXC → Bybit
Markets tracked117 venues · 7 perp · 4 spot · 0 DEX
Price range0.18%$0.1197 – $0.1199

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Binance logoBinancespot$0.1199Bybit logoBybit$0.1199 -0.03%-0.23% -0.02%— +0.030%— LS Chart →
MEXC logoMEXCspot$0.1199Bybit logoBybit$0.1199 -0.06%-0.26% -0.05%— +0.030%— LS Chart →
Gate logoGatespot$0.12Bybit logoBybit$0.1199 -0.08%-0.28% -0.07%— +0.030%— LS Chart →
Binance logoBinancespot$0.1199Gate logoGate$0.1197 -0.14%-0.34% -0.13%— +0.030%— LS Chart →
MEXC logoMEXCspot$0.1199Gate logoGate$0.1197 -0.17%-0.37% -0.16%— +0.030%— LS Chart →
Bybit logoBybitspot$0.1201Bybit logoBybit$0.1199 -0.17%-0.37% -0.16%— +0.030%— LS Chart →
Gate logoGatespot$0.12Gate logoGate$0.1197 -0.18%-0.38% -0.17%— +0.030%— LS Chart →
Binance logoBinancespot$0.1199MEXC logoMEXC$0.1197 -0.20%-0.40% -0.19%— +0.030%— LS Chart →
MEXC logoMEXCspot$0.1199MEXC logoMEXC$0.1197 -0.23%-0.43% -0.22%— +0.030%— LS Chart →
Binance logoBinancespot$0.1199Binance logoBinance$0.1196 -0.23%-0.43% -0.22%— +0.030%— LS Chart →
Gate logoGatespot$0.12MEXC logoMEXC$0.1197 -0.24%-0.44% -0.23%— +0.030%— LS Chart →
MEXC logoMEXCspot$0.1199Binance logoBinance$0.1196 -0.25%-0.45% -0.24%— +0.030%— LS Chart →
Binance logoBinancespot$0.1199Variational logoVariational$0.1196 -0.25%-0.45% -0.24%— +0.030%— LS Chart →
Gate logoGatespot$0.12Binance logoBinance$0.1196 -0.27%-0.47% -0.26%— +0.030%— LS Chart →
MEXC logoMEXCspot$0.1199Variational logoVariational$0.1196 -0.28%-0.48% -0.27%— +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.

BEL price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Gate logoGatePerpetual · BEL_USDTPerpetual $0.1197$0.1198$0.1198-0.02% +0.030%$187.6K
MEXC logoMEXCPerpetual · BEL_USDTPerpetual $0.1197$0.1198$0.1197-0.07% +0.030%$100.3K
Bybit logoBybitPerpetual · BELUSDTPerpetual $0.1199$0.12$0.1199+0.10% +0.030%$96.1K
KuCoin logoKuCoinPerpetual · BELUSDTMPerpetual $0.1194$0.1203$0.1199+0.04% +0.030%$38.7K
Bybit logoBybitSpot · BELUSDTSpot $0.1197$0.1201$0.1199+0.08% —$6.0K
Gate logoGateSpot · BEL_USDTSpot $0.1196$0.12$0.1198-0.03% —$920
Variational logoVariationalPerpetual · BELPerpetual $0.1196$0.12$0.11980.00% +0.030%$173
Binance logoBinancePerpetual · BELUSDTPerpetual $0.1196$0.1198$0.1197-0.08% +0.030%—
Aster logoAsterPerpetual · BELUSDTPerpetual $0.1196$0.1199$0.1197-0.07% +0.030%—
Binance logoBinanceSpot · BELUSDTSpot $0.1198$0.1199$0.1199+0.04% ——
MEXC logoMEXCSpot · BELUSDTSpot $0.1198$0.1199$0.1199+0.05% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

BEL arbitrage explained

Right now Bella Protocol (BEL) trades on 7 venues we scan: 7 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on MEXC perp at $0.1198 and the highest bid on Bybit perp at $0.1199.

The widest BEL perpetual spread is between MEXC and Bybit: long BEL on MEXC at $0.1198 and short on Bybit at $0.1199 for +0.08% gross, or -0.08% 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 BEL route is to buy spot on Binance and short the perpetual on Bybit: -0.03% gross, -0.23% net, with +0.030% a day of funding on the short leg.

Spot–spot BEL arbitrage (buy on Binance, withdraw, deposit and sell on MEXC) shows -0.10% 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 BEL 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: BEL funding rates · BEL spread charts · Bella Protocol price · arbitrage scanner for all coins.

Is there a BEL arbitrage opportunity right now?

The best BEL route right now is to buy on MEXC → sell on Bybit (Perp–Perp): +0.08% gross and -0.08% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest BEL?

MEXC (perp) has the lowest BEL ask at $0.1198, and Bybit (perp) the highest bid at $0.1199. Prices update every 15 seconds on this page.

How many exchanges list BEL?

ArbiLayer tracks 11 BEL markets on 7 venues: 7 perpetual, 4 spot and 0 DEX pools.

How do I arbitrage BEL without transferring coins?

Use two perpetual contracts: go long BEL on the cheaper exchange (MEXC 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

BLAST +17.63%CRO +15.63%POWER +15.46%UPC +7.61%OPENAI +6.14%ONE +5.76%ESPORTS +5.53%FLYBRAIN +5.49%COOL +3.63%ANTHROPIC +3.46%SPCX +3.34%EGLD +3.16%ZIL +2.99%OURA +2.85%STAMP +2.77%CATE +2.72%H100 +2.33%AI +2.31%