ArbiLayer

BR arbitrage

live

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

Best net spread+0.04%Variational → HTX · Perp–Perp
Best perp–perp spread+0.20%Variational → HTX
Markets tracked149 venues · 9 perp · 5 spot · 0 DEX
Price range0.44%$0.5795 – $0.582

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Variational logoVariational$0.5801HTX logoHTX$0.5813 +0.20%+0.04% +0.20%— -0.015%— LS Chart →
Gate logoGate$0.5802HTX logoHTX$0.5813 +0.18%+0.02% +0.22%— +0.218%— LS Chart →
Binance logoBinance$0.5804HTX logoHTX$0.5813 +0.16%-0.00% +0.18%— +0.163%— LS Chart →
MEXC logoMEXC$0.5804HTX logoHTX$0.5813 +0.15%-0.01% +0.18%— +0.161%— LS Chart →
KuCoin logoKuCoin$0.5805HTX logoHTX$0.5813 +0.13%-0.03% +0.18%— +0.278%— LS Chart →
Bitget logoBitget$0.5806HTX logoHTX$0.5813 +0.12%-0.04% +0.13%— +0.057%— LS Chart →
Variational logoVariational$0.5801Bybit logoBybit$0.5808 +0.12%-0.04% +0.08%— -0.236%— LS Chart →
Gate logoGate$0.5802Bybit logoBybit$0.5808 +0.09%-0.07% +0.09%— -0.002%-1.57% LS Chart →
Binance logoBinance$0.5804Bybit logoBybit$0.5808 +0.07%-0.09% +0.06%— -0.058%-3.78% LS Chart →
MEXC logoMEXC$0.5804Bybit logoBybit$0.5808 +0.07%-0.09% +0.06%— -0.059%— LS Chart →
Aster logoAster$0.5809HTX logoHTX$0.5813 +0.06%-0.10% +0.08%— +0.083%— LS Chart →
Bybit logoBybit$0.5809HTX logoHTX$0.5813 +0.06%-0.10% +0.10%— +0.221%— LS Chart →
KuCoin logoKuCoin$0.5805Bybit logoBybit$0.5808 +0.05%-0.11% +0.06%— +0.057%-1.06% LS Chart →
Variational logoVariational$0.5801MEXC logoMEXC$0.5803 +0.04%-0.12% +0.01%— -0.176%— LS Chart →
Bitget logoBitget$0.5806Bybit logoBybit$0.5808 +0.03%-0.13% +0.01%— -0.164%-0.54% 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.

BR price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
MEXC logoMEXCPerpetual · BR_USDTPerpetual $0.5803$0.5804$0.5804-0.05% -0.146%$72.39M
Bybit logoBybitPerpetual · BRUSDTPerpetual $0.5808$0.5809$0.5809+0.04% -0.206%$56.28M
Bitget logoBitgetPerpetual · BRUSDTPerpetual $0.5801$0.5806$0.5804-0.05% -0.042%$54.84M
KuCoin logoKuCoinPerpetual · BRUSDTMPerpetual $0.5796$0.5805$0.5801-0.10% -0.263%$19.66M
Bybit logoBybitSpot · BRUSDTSpot $0.5817$0.5818$0.5818+0.19% —$12.15M
Gate logoGateSpot · BR_USDTSpot $0.581$0.5813$0.5812+0.09% —$5.94M
Gate logoGatePerpetual · BR_USDTPerpetual $0.58$0.5802$0.5801-0.09% -0.203%$2.88M
KuCoin logoKuCoinSpot · BR-USDTSpot $0.5807$0.5818$0.5813+0.11% —$2.75M
HTX logoHTXPerpetual · BR-USDTPerpetual $0.5813$0.5818$0.5815+0.16% +0.015%$1.87M
Bitget logoBitgetSpot · BRUSDTSpot $0.5814$0.5826$0.582+0.23% —$1.72M
Variational logoVariationalPerpetual · BRPerpetual $0.5788$0.5801$0.5795-0.20% +0.030%$781.3K
Binance logoBinancePerpetual · BRUSDTPerpetual $0.5802$0.5804$0.5803-0.07% -0.148%—
Aster logoAsterPerpetual · BRUSDTPerpetual $0.5799$0.5809$0.5804-0.04% -0.068%—
MEXC logoMEXCSpot · BRUSDTSpot $0.5796$0.5829$0.5813+0.11% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

BR arbitrage explained

Right now Bedrock (BR) trades on 9 venues we scan: 9 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on Variational perp at $0.5801 and the highest bid on Bybit spot at $0.5817.

The widest BR perpetual spread is between Variational and HTX: long BR on Variational at $0.5801 and short on HTX at $0.5813 for +0.20% gross, or +0.04% 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 -0.015% per day, which the position pays while it is open.

For a spot–perpetual (cash-and-carry) trade, the best BR route is to buy spot on Gate and short the perpetual on HTX: -0.01% gross, -0.21% net, with +0.015% a day of funding on the short leg.

Spot–spot BR arbitrage (buy on Gate, withdraw, deposit and sell on Bybit) shows +0.06% 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 BR 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: BR funding rates · BR spread charts · Bedrock price · arbitrage scanner for all coins.

Is there a BR arbitrage opportunity right now?

The best BR route right now is to buy on Variational → sell on HTX (Perp–Perp): +0.20% gross and +0.04% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest BR?

Variational (perp) has the lowest BR ask at $0.5801, and Bybit (spot) the highest bid at $0.5817. Prices update every 15 seconds on this page.

How many exchanges list BR?

ArbiLayer tracks 14 BR markets on 9 venues: 9 perpetual, 5 spot and 0 DEX pools.

How do I arbitrage BR without transferring coins?

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

Arbitrage for other coins

CRO +22.59%ONE +7.82%BDX +7.15%UPC +7.05%ESPORTS +6.28%AI +6.27%OPENAI +5.51%H100 +3.95%ANTHROPIC +3.81%FLYBRAIN +3.74%CATE +3.57%STAMP +3.40%OURA +3.39%ZIL +3.01%BEN +2.97%SNEK +2.96%SPCX +2.53%BONER +2.41%