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-0.02%Binance → Bybit · Perp–Perp
Best perp–perp spread+0.14%Binance → Bybit
Markets tracked117 venues · 7 perp · 4 spot · 0 DEX
Price range0.20%$0.1223 – $0.1225

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybitspot$0.1225Binance logoBinancespot$0.1224 -0.04%-0.24% -0.04%— 0.000%— LS Chart →
Bybit logoBybitspot$0.1225MEXC logoMEXCspot$0.1224 -0.04%-0.24% -0.04%— 0.000%— LS Chart →
Binance logoBinancespot$0.1225MEXC logoMEXCspot$0.1224 -0.08%-0.28% -0.08%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.1225Binance logoBinancespot$0.1224 -0.09%-0.29% -0.09%— 0.000%— LS Chart →
Bybit logoBybitspot$0.1225Gate logoGatespot$0.1223 -0.14%-0.34% -0.14%— 0.000%— LS Chart →
Gate logoGatespot$0.1226Binance logoBinancespot$0.1224 -0.15%-0.35% -0.15%— 0.000%— LS Chart →
Gate logoGatespot$0.1226MEXC logoMEXCspot$0.1224 -0.15%-0.35% -0.15%— 0.000%— LS Chart →
Binance logoBinancespot$0.1225Gate logoGatespot$0.1223 -0.18%-0.38% -0.18%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.1225Gate logoGatespot$0.1223 -0.19%-0.39% -0.19%— 0.000%— LS Chart →
Binance logoBinancespot$0.1225Bybit logoBybitspot$0.1221 -0.35%-0.55% -0.35%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.1225Bybit logoBybitspot$0.1221 -0.36%-0.56% -0.36%— 0.000%— LS Chart →
Gate logoGatespot$0.1226Bybit logoBybitspot$0.1221 -0.42%-0.62% -0.42%— 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.

BEL price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Gate logoGatePerpetual · BEL_USDTPerpetual $0.1222$0.1224$0.1223-0.09% +0.702%$110.6K
MEXC logoMEXCPerpetual · BEL_USDTPerpetual $0.1222$0.1223$0.1223-0.11% +0.030%$108.3K
Bybit logoBybitPerpetual · BELUSDTPerpetual $0.1225$0.1226$0.1225+0.09% +0.030%$92.2K
KuCoin logoKuCoinPerpetual · BELUSDTMPerpetual $0.122$0.1228$0.12240.00% +0.030%$27.5K
Bybit logoBybitSpot · BELUSDTSpot $0.1221$0.1225$0.1223-0.11% —$4.3K
Gate logoGateSpot · BEL_USDTSpot $0.1223$0.1226$0.1224+0.03% —$779
Variational logoVariationalPerpetual · BELPerpetual $0.1223$0.1227$0.1225+0.08% +0.030%$192
Binance logoBinancePerpetual · BELUSDTPerpetual $0.1222$0.1223$0.1223-0.11% +0.030%—
Aster logoAsterPerpetual · BELUSDTPerpetual $0.1221$0.1224$0.1223-0.09% +0.030%—
Binance logoBinanceSpot · BELUSDTSpot $0.1224$0.1225$0.1225+0.04% ——
MEXC logoMEXCSpot · BELUSDTSpot $0.1224$0.1225$0.1225+0.04% ——
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 $0.1223 and the highest bid on Bybit perp at $0.1225.

The widest BEL perpetual spread is between Binance and Bybit: long BEL on Binance at $0.1223 and short on Bybit at $0.1225 for +0.14% gross, or -0.02% 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 Bybit and short the perpetual on Bybit: +0.01% gross, -0.19% net, with +0.030% a day of funding on the short leg.

Spot–spot BEL arbitrage (buy on Bybit, withdraw, deposit and sell on Binance) shows -0.04% 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 Binance → sell on Bybit (Perp–Perp): +0.14% gross and -0.02% 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 $0.1223, and Bybit (perp) the highest bid at $0.1225. 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 (Binance 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

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