ArbiLayer

BIRB arbitrage

live

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

Best net spread-0.07%Bybit → Gate · Spot–Perp
Best perp–perp spread+0.06%MEXC → Gate
Markets tracked127 venues · 7 perp · 5 spot · 0 DEX
Price range0.26%$0.0626 – $0.0627

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
MEXC logoMEXC$0.0626Gate logoGate$0.0627 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.0626Gate logoGate$0.0627 +0.06%-0.10% +0.06%— 0.000%— LS Chart →
MEXC logoMEXC$0.0626Bitget logoBitget$0.0627 +0.03%-0.13% +0.05%— +0.101%— LS Chart →
KuCoin logoKuCoin$0.0626Bitget logoBitget$0.0627 +0.03%-0.13% +0.05%— +0.101%— LS Chart →
Binance logoBinance$0.0627Gate logoGate$0.0627 +0.03%-0.13% +0.03%— 0.000%— LS Chart →
Bybit logoBybit$0.0627Gate logoGate$0.0627 +0.03%-0.13% +0.04%— +0.050%— LS Chart →
Binance logoBinance$0.0627Bitget logoBitget$0.0627 0.00%-0.16% +0.02%— +0.101%— LS Chart →
Bybit logoBybit$0.0627Bitget logoBitget$0.0627 0.00%-0.16% +0.03%— +0.151%— LS Chart →
Aster logoAster$0.0627Gate logoGate$0.0627 -0.02%-0.18% -0.02%— 0.000%— LS Chart →
MEXC logoMEXC$0.0626Binance logoBinance$0.0626 -0.02%-0.18% -0.02%— 0.000%— LS Chart →
MEXC logoMEXC$0.0626Bybit logoBybit$0.0626 -0.02%-0.18% -0.02%— -0.050%— LS Chart →
MEXC logoMEXC$0.0626KuCoin logoKuCoin$0.0626 -0.02%-0.18% -0.02%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.0626Binance logoBinance$0.0626 -0.02%-0.18% -0.02%— 0.000%— LS Chart →
KuCoin logoKuCoin$0.0626Bybit logoBybit$0.0626 -0.02%-0.18% -0.02%— -0.050%— LS Chart →
KuCoin logoKuCoin$0.0626MEXC logoMEXC$0.0626 -0.03%-0.19% -0.03%— 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.

BIRB price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
MEXC logoMEXCPerpetual · BIRB_USDTPerpetual $0.0626$0.0626$0.0626-0.02% +0.030%$96.4K
Bybit logoBybitPerpetual · BIRBUSDTPerpetual $0.0626$0.0627$0.0626+0.00% -0.020%$82.3K
Bitget logoBitgetPerpetual · BIRBUSDTPerpetual $0.0627$0.0628$0.0627+0.10% +0.131%$64.6K
Bybit logoBybitSpot · BIRBUSDTSpot $0.0626$0.0626$0.0626-0.09% —$56.7K
KuCoin logoKuCoinPerpetual · BIRBUSDTMPerpetual $0.0626$0.0626$0.0626-0.01% +0.030%$35.2K
Bitget logoBitgetSpot · BIRBUSDTSpot $0.0626$0.0627$0.0626-0.00% —$22.4K
Gate logoGatePerpetual · BIRB_USDTPerpetual $0.0627$0.0628$0.0627+0.14% +0.030%$9.3K
KuCoin logoKuCoinSpot · BIRB-USDTSpot $0.0626$0.0628$0.0627+0.12% —$4.2K
Gate logoGateSpot · BIRB_USDTSpot $0.0627$0.0628$0.0627+0.15% —$1.0K
Binance logoBinancePerpetual · BIRBUSDTPerpetual $0.0626$0.0627$0.0626+0.00% +0.030%—
Aster logoAsterPerpetual · BIRBUSDTPerpetual $0.0626$0.0627$0.0626-0.04% +0.030%—
MEXC logoMEXCSpot · BIRBUSDTSpot $0.0623$0.0629$0.0626-0.11% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

BIRB arbitrage explained

Right now Moonbirds (BIRB) trades on 7 venues we scan: 7 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on Bybit spot at $0.0626 and the highest bid on Gate perp at $0.0627.

The widest BIRB perpetual spread is between MEXC and Gate: long BIRB on MEXC at $0.0626 and short on Gate at $0.0627 for +0.06% gross, or -0.10% 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 BIRB route is to buy spot on Bybit and short the perpetual on Gate: +0.13% gross, -0.07% net, with +0.030% a day of funding on the short leg.

Spot–spot BIRB arbitrage (buy on Bybit, withdraw, deposit and sell on Gate) shows +0.11% 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 BIRB 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: BIRB funding rates · BIRB spread charts · Moonbirds price · arbitrage scanner for all coins.

Is there a BIRB arbitrage opportunity right now?

The best BIRB route right now is to buy on Bybit spot → sell on Gate (Spot–Perp): +0.13% gross and -0.07% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest BIRB?

Bybit (spot) has the lowest BIRB ask at $0.0626, and Gate (perp) the highest bid at $0.0627. Prices update every 15 seconds on this page.

How many exchanges list BIRB?

ArbiLayer tracks 12 BIRB markets on 7 venues: 7 perpetual, 5 spot and 0 DEX pools.

How do I arbitrage BIRB without transferring coins?

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

Arbitrage for other coins

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