ArbiLayer

BZ arbitrage

live

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

Best net spread+0.00%Gate → Variational · Perp–Perp
Best perp–perp spread+0.16%Gate → Variational
Markets tracked88 venues · 8 perp · 0 spot · 0 DEX
Price range0.19%$101.06 – $101.25

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Gate logoGate$101.06Variational logoVariational$101.22 +0.16%+0.00% +0.20%— -0.023%— LS Chart →
Gate logoGate$101.06Bitget logoBitget$101.21 +0.15%-0.01% +0.19%— -0.023%— LS Chart →
Gate logoGate$101.06Binance logoBinance$101.20 +0.14%-0.02% +0.18%— -0.033%— LS Chart →
Gate logoGate$101.06Aster logoAster$101.20 +0.14%-0.02% +0.18%— -0.034%— LS Chart →
Gate logoGate$101.06OKX logoOKX$101.17 +0.11%-0.05% +0.14%— -0.094%— LS Chart →
Gate logoGate$101.06KuCoin logoKuCoin$101.16 +0.10%-0.06% +0.13%— -0.102%— LS Chart →
Bybit logoBybit$101.13Variational logoVariational$101.22 +0.09%-0.07% +0.24%— +0.303%— LS Chart →
Bybit logoBybit$101.13Bitget logoBitget$101.21 +0.08%-0.08% +0.23%— +0.303%— LS Chart →
Bybit logoBybit$101.13Binance logoBinance$101.20 +0.07%-0.09% +0.22%— +0.293%— LS Chart →
Bybit logoBybit$101.13Aster logoAster$101.20 +0.07%-0.09% +0.22%— +0.292%— LS Chart →
Gate logoGate$101.06Bybit logoBybit$101.12 +0.06%-0.10% -0.05%— -0.326%— LS Chart →
KuCoin logoKuCoin$101.17Variational logoVariational$101.22 +0.05%-0.11% +0.06%— +0.079%— LS Chart →
OKX logoOKX$101.18Variational logoVariational$101.22 +0.04%-0.12% +0.05%— +0.071%— LS Chart →
Bybit logoBybit$101.13OKX logoOKX$101.17 +0.04%-0.12% +0.18%— +0.232%— LS Chart →
KuCoin logoKuCoin$101.17Bitget logoBitget$101.21 +0.04%-0.12% +0.05%— +0.079%— 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.

BZ price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
OKX logoOKXPerpetual · BZ-USDT-SWAPPerpetual $101.17$101.18$101.18-0.01% -0.383%$42.96M
Bitget logoBitgetPerpetual · BZUSDTPerpetual $101.21$101.22$101.22+0.02% -0.312%$37.42M
Gate logoGatePerpetual · BZ_USDTPerpetual $101.05$101.06$101.06-0.13% -0.289%$31.66M
Bybit logoBybitPerpetual · BZUSDTPerpetual $101.12$101.13$101.13-0.06% -0.615%$21.85M
Variational logoVariationalPerpetual · BZPerpetual $101.22$101.28$101.25+0.06% -0.312%$6.80M
KuCoin logoKuCoinPerpetual · BZUSDTMPerpetual $101.16$101.17$101.16-0.02% -0.391%$1.21M
Binance logoBinancePerpetual · BZUSDTPerpetual $101.20$101.21$101.21+0.01% -0.322%—
Aster logoAsterPerpetual · BZUSDTPerpetual $101.20$101.21$101.21+0.01% -0.323%—
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

BZ arbitrage explained

Right now BZ trades on 8 venues we scan: 8 perpetual markets, 0 spot markets and 0 DEX pools. The lowest ask is on Gate perp at $101.06 and the highest bid on Variational perp at $101.22.

The widest BZ perpetual spread is between Gate and Variational: long BZ on Gate at $101.06 and short on Variational at $101.22 for +0.16% gross, or +0.00% 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 -0.023% per day, which the position pays while it is open.

Small BZ 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: BZ funding rates · BZ spread charts · arbitrage scanner for all coins.

Is there a BZ arbitrage opportunity right now?

The best BZ route right now is to buy on Gate → sell on Variational (Perp–Perp): +0.16% gross and +0.00% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest BZ?

Gate (perp) has the lowest BZ ask at $101.06, and Variational (perp) the highest bid at $101.22. Prices update every 15 seconds on this page.

How many exchanges list BZ?

ArbiLayer tracks 8 BZ markets on 8 venues: 8 perpetual, 0 spot and 0 DEX pools.

How do I arbitrage BZ without transferring coins?

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

Arbitrage for other coins

CRO +18.26%BDX +7.08%ONE +6.79%BLAST +6.74%ESPORTS +6.53%OPENAI +5.07%FLYBRAIN +4.64%AI +4.06%SPCX +3.72%ANTHROPIC +3.56%EGLD +3.50%CATE +3.44%OURA +3.05%ZIL +3.04%SNEK +3.02%H100 +2.81%STAMP +2.44%BEN +2.38%