ArbiLayer

BOBA arbitrage

live

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

Best net spread-0.20%Bybit → Gate · Spot–Spot
Best perp–perp spread-0.14%Bybit → MEXC
Markets tracked75 venues · 3 perp · 4 spot · 0 DEX
Price range0.33%$0.0211 – $0.0211

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybit$0.0211MEXC logoMEXC$0.0211 -0.14%-0.30% -0.14%— 0.000%— LS Chart →
MEXC logoMEXC$0.0211Bybit logoBybit$0.0211 -0.14%-0.30% -0.14%— 0.000%— LS Chart →
Bybit logoBybit$0.0211Variational logoVariational$0.021 -0.33%-0.49% -0.33%— -0.000%— LS Chart →
MEXC logoMEXC$0.0211Variational logoVariational$0.021 -0.33%-0.49% -0.33%— -0.000%— LS Chart →
Variational logoVariational$0.0211Bybit logoBybit$0.0211 -0.38%-0.54% -0.38%— +0.000%— LS Chart →
Variational logoVariational$0.0211MEXC logoMEXC$0.0211 -0.38%-0.54% -0.38%— +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.

BOBA price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · BOBAUSDTPerpetual $0.0211$0.0211$0.0211-0.02% +0.030%$145.6K
MEXC logoMEXCPerpetual · BOBA_USDTPerpetual $0.0211$0.0211$0.0211-0.02% +0.030%$92.1K
Gate logoGateSpot · BOBA_USDTSpot $0.0211$0.0211$0.0211+0.14% —$23.8K
Bybit logoBybitSpot · BOBAUSDTSpot $0.0211$0.0211$0.0211-0.07% —$22.1K
KuCoin logoKuCoinSpot · BOBA-USDTSpot $0.0211$0.0212$0.0211+0.26% —$13.9K
Variational logoVariationalPerpetual · BOBAPerpetual $0.021$0.0211$0.02110.00% +0.030%$4.5K
MEXC logoMEXCSpot · BOBAUSDTSpot $0.0211$0.0212$0.0211+0.12% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

BOBA arbitrage explained

Right now Boba Network (BOBA) trades on 5 venues we scan: 3 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on Bybit spot at $0.0211 and the highest bid on Gate spot at $0.0211.

The widest BOBA perpetual spread is between Bybit and MEXC: long BOBA on Bybit at $0.0211 and short on MEXC at $0.0211 for -0.14% gross, or -0.30% 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 BOBA route is to buy spot on Bybit and short the perpetual on Bybit: -0.09% gross, -0.29% net, with +0.030% a day of funding on the short leg.

Spot–spot BOBA arbitrage (buy on Bybit, withdraw, deposit and sell on Gate) shows 0.00% 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 BOBA 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: BOBA funding rates · BOBA spread charts · Boba Network price · arbitrage scanner for all coins.

Is there a BOBA arbitrage opportunity right now?

The best BOBA route right now is to buy on Bybit spot → sell on Gate spot (Spot–Spot): 0.00% gross and -0.20% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest BOBA?

Bybit (spot) has the lowest BOBA ask at $0.0211, and Gate (spot) the highest bid at $0.0211. Prices update every 15 seconds on this page.

How many exchanges list BOBA?

ArbiLayer tracks 7 BOBA markets on 5 venues: 3 perpetual, 4 spot and 0 DEX pools.

How do I arbitrage BOBA without transferring coins?

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

Arbitrage for other coins