BASED arbitrage
BASED on 16 exchanges spot and 20 in futures: live routes, past spreads and how long they last.
Prices at · open routes a minute older; real time in the scanners on paid plans · How we count
- Price
- $0.051755
- 24h volume
- $11.7M
- Exchanges
- 27
- 16 spot · 20 futures
- Routes now
- 2
- 0 take · 2 risky
- Gaps in 7 days
- 6,286
- 1,197 over a minute
BASED right now
BASED is cheapest on Bybit ($0.05174) and dearest on Hyperliquid ($0.051822): 0.16% apart across 13 exchanges with a liquid spot market, before fees.
WEEX lists another token on spot under the BASED ticker: its spot is left out of the price and the spot exchange count (perps are counted on their own).
2 routes in profit after fees are worth a look ("take" or "risky"); the best: Bybit → XT, 0.03%.
Over 7 days a spread in profit opened 6,286 times, and 1,197 of them lasted a minute or longer; one usually closed within 3.0 s.
Funding per 8 hours runs from −0.0072% on Deepcoin to 0.0100% on KuCoin, across 12 exchanges (outliers, markets under $50k a day and exchanges publishing no volume left out).
BASED arbitrage opportunities now
Spot and futures, no transfer
| Long | Short | Spread | Size at best price | Verdict |
|---|---|---|---|---|
| Bybit perp | XT | 0.031% | $39 | Risky |
| Bybit perp | MEXC | 0.014% | — | Risky |
BASED arbitrage strategy
No BASED route worth taking with an open transfer right now. Gaps of a minute or longer open several times a week, though — here is how to catch the next one:
- Watch Hyperliquid BASED/USDC → OKX: the spread opened there 12 times in 7 days, 9 of them for a minute or longer; it usually lasts 1 min 59 s.
- Check the transfer in advance: Hyperliquid or OKX does not publish its network status.
- Set an alert on the route: you hear when the spread pays after fees. Then buy on Hyperliquid and sell on OKX.
BASED price on every exchange
Refreshed every 10 seconds. The best buy and sell prices are highlighted.
Spot · 16
| Exchange | Bid | Ask | Book spread | 24h volume |
|---|---|---|---|---|
| OKXBASED/USDT | 0.051740 | 0.051780 | 0.08% | $504.3K |
| WhiteBITBASED/USDT | 0.051660 | 0.051840 | 0.35% | $468.9K |
| BybitBASED/USDT | 0.051710 | 0.051770 | 0.12% | $225.3K |
| MEXCBASED/USDT | 0.051710 | 0.051800 | 0.17% | $136K |
| ToobitBASED/USDT | 0.051720 | 0.051830 | 0.21% | $132K |
| WEEXBASED/USDTanother token | 0.044070 | 0.044530 | 1.04% | $95.5K |
| XTBASED/USDT | 0.051710 | 0.051810 | 0.19% | $75.6K |
| BitrueBASED/USDT | 0.051660 | 0.051850 | 0.37% | $53.4K |
| BingXBASED/USDT | 0.051680 | 0.051820 | 0.27% | $47.3K |
| DigiFinexBASED/USDT | 0.051700 | 0.051800 | 0.19% | $47.2K |
| HyperliquidBASED/USDC | 0.051559 | 0.051965 | 0.78% | $24.9K |
| KrakenBASED/USD | 0.051650 | 0.051740 | 0.17% | $18.3K |
Perpetual futures · 20
| Exchange | Bid | Ask | Book spread | Funding | 24h volume |
|---|---|---|---|---|---|
| OKXBASED/USDT | 0.051710 | 0.051720 | 0.02% | −0.0010%/4h | $2.4M |
| KuCoinBASED/USDT | 0.051790 | 0.051860 | 0.14% | 0.0050%/4h | $1.9M |
| BingXBASED/USDT | 0.051730 | 0.051740 | 0.02% | 0.0050%/4h | $1.7M |
| WhiteBITBASED/USDT | 0.051510 | 0.052270 | 1.46% | 0.0050%/4h | $937.2K |
| DeepcoinBASED/USDT | 0.051750 | 0.051770 | 0.04% | −0.0036%/4h | $724.1K |
| BybitBASED/USDT | 0.051650 | 0.051710 | 0.12% | 0.0050%/4h | $647.9K |
| GateBASED/USDT | 0.051750 | 0.051760 | 0.02% | 0.0050%/4h | $614.1K |
| ToobitBASED/USDT | 0.051780 | 0.051800 | 0.04% | 0.0050%/4h | $430.4K |
| BTSEBASED/USDT | 0.051700 | 0.051800 | 0.19% | 0.0050%/4h | $212.5K |
| BitgetBASED/USDT | 0.051740 | 0.051780 | 0.08% | 0.0050%/4h | $171.7K |
| MEXCBASED/USDT | 0.051780 | 0.051800 | 0.04% | 0.0050%/4h | $126.4K |
| XTBASED/USDT | 0.051820 | 0.051850 | 0.06% | 0.0050%/4h | $74.9K |
How often BASED spreads open
Exchange pairs between which the price drifted apart with a profit after fees over 7 days. “Over a minute” counts the gaps that held for a minute or longer: those can be caught. The rest are flashes of seconds that close before an order arrives.
| Market | Route | Over a minute | Gaps | Median lifetime |
|---|---|---|---|---|
| perp ↔ perp | OKX perp → MEXC perp | 159 | 246 | 2 min 08 s |
| perp ↔ perp | Bybit perp → MEXC perp | 155 | 230 | 2 min 08 s |
| perp ↔ perp | BingX perp → MEXC perp | 48 | 159 | 6.0 s |
| perp ↔ perp | OKX perp → XT perp | 47 | 91 | 1 min 09 s |
| spot → spot | WEEX spot → WhiteBIT spot | 43 | 43 | 14 min 32 s |
| perp ↔ perp | MEXC perp → Gate perp | 42 | 107 | 27 s |
| perp ↔ perp | OKX perp → Gate perp | 40 | 91 | 42 s |
| spot ↔ perp | WEEX spot → MEXC perp | 37 | 40 | 10 min 29 s |
| spot ↔ perp | WEEX spot → WhiteBIT perp | 37 | 39 | 7 min 48 s |
| perp ↔ perp | Bybit perp → XT perp | 36 | 92 | 21 s |
| perp ↔ perp | Gate perp → MEXC perp | 33 | 124 | 6.0 s |
| perp ↔ perp | Bybit perp → Gate perp | 25 | 61 | 27 s |
| perp ↔ perp | OKX perp → Toobit perp | 22 | 78 | 6.0 s |
| perp ↔ perp | XT perp → MEXC perp | 21 | 77 | 3.0 s |
| spot → spot | WEEX spot → DigiFinex spot | 21 | 31 | 4 min 48 s |
| perp ↔ perp | OKX perp → Binance perp | 18 | 50 | 30 s |
| perp ↔ perp | BingX perp → Gate perp | 18 | 47 | 36 s |
| perp ↔ perp | MEXC perp → KuCoin perp | 17 | 74 | 3.0 s |
| spot ↔ perp | WEEX spot → Extended perp | 16 | 17 | 12 min 05 s |
| perp ↔ perp | Bybit perp → Toobit perp | 15 | 61 | 6.0 s |
Networks, deposits and withdrawals
Whether the coin can be moved between exchanges: withdrawals open where you buy and deposits open where you sell. Refreshed every 5 minutes.
| Network | Exchange | Deposit | Withdraw | Withdrawal fee |
|---|---|---|---|---|
| BASED | DigiFinex | open | open | 0.0006 BASED |
| BSC | MEXC | open | closed | 2 BASED |
| ETH | Bitrue | open | open | 13 BASED |
| Bybit | open | open | 15 BASED | |
| CEX.IOethereum | open | open | 20 BASED | |
| Gate | closed | closed | — | |
| HitBTC | open | open | 456.5 BASED | |
| HTXbased | open | open | 34.74 BASED | |
| KuCoineth | open | open | 12 BASED | |
| LBankerc20 | n/a | open | 19.49 BASED | |
| MEXC | open | open | 8 BASED | |
| OKXBASED-ERC20 | open | open | 4.5 BASED | |
| Phemex | n/a | n/a | — | |
| Toobit | open | open | 8 BASED | |
| WEEX | open | closed | 30 BASED | |
| WhiteBITERC20 | open | open | 57.5 BASED | |
| XTEthereum | open | open | 136 BASED |
Gaps of a minute or longer, last 7 days
| When (UTC) | Market | Route | Spread | Lasted | Transfer |
|---|---|---|---|---|---|
| Oct 25, 12:59 AM | perp ↔ perp | OKX → MEXC | 0.131% | 4 min 27 s | — |
| Oct 25, 12:53 AM | perp ↔ perp | XT → MEXC | 0.112% | 6 min 24 s | — |
| Oct 25, 12:40 AM | perp ↔ perp | XT → MEXC | 0.110% | 2 min 30 s | — |
| Oct 25, 12:34 AM | perp ↔ perp | Gate → MEXC | 0.209% | 1 min 30 s | — |
| Oct 25, 12:00 AM | perp ↔ perp | OKX → MEXC | 0.114% | 5 min 24 s | — |
| Oct 24, 11:53 PM | perp ↔ perp | Bybit → XT | 0.111% | 4 min 06 s | — |
| Oct 24, 11:31 PM | spot → spot | Hyperliquid → MEXC | 0.116% | 5 min 54 s | Transfer status unknown |
| Oct 24, 11:31 PM | spot → spot | Hyperliquid → OKX | 0.144% | 6 min 30 s | Transfer status unknown |
| Oct 24, 11:31 PM | perp ↔ perp | XT → MEXC | 0.133% | 1 min 12 s | — |
| Oct 24, 11:25 PM | perp ↔ perp | XT → MEXC | 0.113% | 2 min 33 s | — |
| Oct 24, 11:11 PM | perp ↔ perp | OKX → Binance | 0.132% | 1 min 12 s | — |
| Oct 24, 11:02 PM | spot → spot | Hyperliquid → MEXC | 0.155% | 5 min 39 s | Transfer status unknown |
| Oct 24, 11:02 PM | spot → spot | Hyperliquid → BingX | 0.124% | 5 min 06 s | Transfer status unknown |
| Oct 24, 11:00 PM | perp ↔ perp | OKX → MEXC | 0.192% | 28 min 03 s | — |
| Oct 24, 10:42 PM | perp ↔ perp | Bybit → MEXC | 0.191% | 1 h 23 min | — |
| Oct 24, 10:39 PM | perp ↔ perp | OKX → MEXC | 0.174% | 8 min 39 s | — |
| Oct 24, 09:51 PM | perp ↔ perp | XT → MEXC | 0.152% | 3 min 03 s | — |
| Oct 24, 09:46 PM | perp ↔ perp | OKX → XT | 0.112% | 2 min 00 s | — |
| Oct 24, 09:41 PM | perp ↔ perp | OKX → MEXC | 0.114% | 52 min 18 s | — |
| Oct 24, 09:33 PM | perp ↔ perp | OKX → MEXC | 0.115% | 1 min 03 s | — |
| Oct 24, 09:30 PM | perp ↔ perp | XT → MEXC | 0.114% | 2 min 12 s | — |
| Oct 24, 09:19 PM | perp ↔ perp | OKX → Binance | 0.134% | 1 min 39 s | — |
| Oct 24, 09:00 PM | perp ↔ perp | OKX → XT | 0.113% | 8 min 00 s | — |
| Oct 24, 08:45 PM | perp ↔ perp | XT → MEXC | 0.152% | 2 min 30 s | — |
| Oct 24, 08:02 PM | perp ↔ perp | OKX → MEXC | 0.348% | 1 h 28 min | — |
| Oct 24, 07:52 PM | perp ↔ perp | XT → MEXC | 0.155% | 3 min 00 s | — |
| Oct 24, 07:36 PM | perp ↔ perp | OKX → MEXC | 0.115% | 24 min 30 s | — |
| Oct 24, 07:31 PM | perp ↔ perp | Bybit → XT | 0.154% | 3 min 45 s | — |
| Oct 24, 07:27 PM | perp ↔ perp | XT → MEXC | 0.116% | 2 min 57 s | — |
| Oct 24, 06:52 PM | perp ↔ perp | Bybit → Toobit | 0.252% | 1 h 34 min | — |
| Oct 24, 05:09 PM | perp ↔ perp | Bybit → MEXC | 0.367% | 5 h 31 min | — |
| Oct 24, 04:57 PM | perp ↔ perp | Bybit → MEXC | 0.133% | 9 min 48 s | — |
| Oct 24, 04:45 PM | perp ↔ perp | Bybit → MEXC | 0.114% | 1 min 30 s | — |
| Oct 24, 04:31 PM | perp ↔ perp | OKX → XT | 0.116% | 1 min 09 s | — |
| Oct 24, 04:29 PM | perp ↔ perp | Bybit → MEXC | 0.136% | 6 min 12 s | — |
| Oct 24, 04:27 PM | perp ↔ perp | OKX → MEXC | 0.137% | 5 min 50 s | — |
| Oct 24, 04:19 PM | perp ↔ perp | Bitget → Gate | 0.134% | 2 min 12 s | — |
| Oct 24, 04:19 PM | perp ↔ perp | Bybit → Gate | 0.193% | 2 min 45 s | — |
| Oct 24, 04:17 PM | perp ↔ perp | OKX → MEXC | 0.215% | 6 min 00 s | — |
| Oct 24, 04:17 PM | perp ↔ perp | OKX → XT | 0.155% | 5 min 57 s | — |
| Oct 24, 03:59 PM | perp ↔ perp | Gate → MEXC | 0.151% | 1 min 45 s | — |
| Oct 24, 03:59 PM | perp ↔ perp | OKX → XT | 0.168% | 3 min 15 s | — |
| Oct 24, 03:58 PM | perp ↔ perp | BingX → MEXC | 0.131% | 4 min 09 s | — |
| Oct 24, 03:51 PM | perp ↔ perp | OKX → MEXC | 0.151% | 23 min 54 s | — |
| Oct 24, 03:46 PM | perp ↔ perp | BTSE → MEXC | 0.161% | 1 min 06 s | — |
| Oct 24, 03:34 PM | perp ↔ perp | Bybit → MEXC | 0.210% | 48 min 36 s | — |
| Oct 24, 03:24 PM | perp ↔ perp | Bybit → MEXC | 0.290% | 6 min 33 s | — |
| Oct 24, 03:24 PM | perp ↔ perp | BingX → MEXC | 0.271% | 3 min 51 s | — |
| Oct 24, 03:16 PM | perp ↔ perp | Binance → MEXC | 0.112% | 3 min 27 s | — |
| Oct 24, 03:16 PM | perp ↔ perp | Bitget → MEXC | 0.287% | 1 min 27 s | — |
Spread at the peak after taker fees. Lifetime is measured to about 3 s.
More on BASED
BASED funding rates by exchange →
BASED trades on: OKX, KuCoin, BingX, WhiteBIT, Bybit, Deepcoin, Gate, Toobit, MEXC, BTSE, Bitget, XT and 14 more
FAQ
- Why is the BASED spread so high on some exchanges?
WEEX quotes another token on spot under the BASED ticker; those markets are left out of the price. 2 routes in profit after fees are worth a look ("take" or "risky"); the engine's commonest warnings: even when the prices meet, closing crosses each leg's bid-ask spread, and that eats the profit; profit under $1. We have no network status from BingX, Hyperliquid and Kraken +1, so a transfer there cannot be checked.
- Where is BASED cheapest to buy?
Cheapest now on Bybit: $0.05174; dearest on Hyperliquid: $0.051822, 0.16% apart. 13 exchanges with a liquid BASED market compared, at the mid between bid and ask.
- Can I transfer BASED between Bybit and HTX?
Yes: withdrawals from Bybit and deposits to HTX are open now on ETH, a withdrawal fee of 15 BASED. The networks' status is checked every 5 minutes; every network is in the table below.
- Is there an arbitrage opportunity in BASED right now?
Yes, in futures (no transfer: a long and a short): 2 routes are worth a look ("take" or "risky"), the first Bybit → XT, 0.03%, marked "risky".
Not on spot after fees: no spot route earns right now. The widest price gap is 0.16% (Bybit → Hyperliquid), and trading fees and the withdrawal eat it. In 7 days, gaps of a minute or longer opened most often between Hyperliquid and OKX: 9 times.
- What is the BASED spread now?
0.16% between the cheapest (Bybit) and the dearest (Hyperliquid) exchange, before fees. No route worth taking with an open transfer right now.