ArbiLayer

BR arbitrage

live

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

Best net spread+0.38%Binance → Variational · Perp–Perp
Best perp–perp spread+0.54%Binance → Variational
Markets tracked149 venues · 9 perp · 5 spot · 0 DEX
Price range0.68%$0.5662 – $0.57

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bybit logoBybitspot$0.5668Gate logoGatespot$0.5691 +0.41%+0.21% +0.41%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.5682Gate logoGatespot$0.5691 +0.17%-0.03% +0.17%— 0.000%— LS Chart →
Bybit logoBybitspot$0.5668Bitget logoBitgetspot$0.5674 +0.11%-0.09% +0.11%— 0.000%— LS Chart →
Bybit logoBybitspot$0.5668KuCoin logoKuCoinspot$0.5673 +0.09%-0.11% +0.09%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.5686Gate logoGatespot$0.5691 +0.09%-0.11% +0.09%— 0.000%— LS Chart →
Bybit logoBybitspot$0.5668MEXC logoMEXCspot$0.5672 +0.08%-0.12% +0.08%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.5694Gate logoGatespot$0.5691 -0.05%-0.25% -0.05%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.5682Bitget logoBitgetspot$0.5674 -0.13%-0.33% -0.13%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.5682MEXC logoMEXCspot$0.5672 -0.17%-0.37% -0.17%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.5686KuCoin logoKuCoinspot$0.5673 -0.23%-0.43% -0.23%— 0.000%— LS Chart →
Bitget logoBitgetspot$0.5686MEXC logoMEXCspot$0.5672 -0.25%-0.45% -0.25%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.5682Bybit logoBybitspot$0.5664 -0.31%-0.51% -0.31%— 0.000%— LS Chart →
Gate logoGatespot$0.5692Bitget logoBitgetspot$0.5674 -0.32%-0.52% -0.32%— 0.000%— LS Chart →
Gate logoGatespot$0.5692KuCoin logoKuCoinspot$0.5673 -0.34%-0.54% -0.34%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.5694Bitget logoBitgetspot$0.5674 -0.35%-0.55% -0.35%— 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.

BR price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
MEXC logoMEXCPerpetual · BR_USDTPerpetual $0.568$0.568$0.568+0.04% -0.222%$71.71M
Bybit logoBybitPerpetual · BRUSDTPerpetual $0.5659$0.5665$0.5662-0.27% -0.251%$56.83M
Bitget logoBitgetPerpetual · BRUSDTPerpetual $0.5662$0.5665$0.5663-0.25% -0.104%$55.42M
KuCoin logoKuCoinPerpetual · BRUSDTMPerpetual $0.5656$0.5667$0.5662-0.28% -0.315%$20.52M
Bybit logoBybitSpot · BRUSDTSpot $0.5664$0.5668$0.5666-0.21% —$12.49M
Gate logoGateSpot · BR_USDTSpot $0.5691$0.5692$0.5692+0.25% —$6.20M
Gate logoGatePerpetual · BR_USDTPerpetual $0.5677$0.5679$0.5678+0.01% -0.276%$3.00M
KuCoin logoKuCoinSpot · BR-USDTSpot $0.5673$0.5682$0.5677-0.01% —$2.81M
HTX logoHTXPerpetual · BR-USDTPerpetual $0.5664$0.5694$0.5679+0.02% +0.015%$1.87M
Bitget logoBitgetSpot · BRUSDTSpot $0.5674$0.5686$0.568+0.04% —$1.69M
Variational logoVariationalPerpetual · BRPerpetual $0.5693$0.5707$0.57+0.40% -0.120%$826.8K
Binance logoBinancePerpetual · BRUSDTPerpetual $0.5662$0.5663$0.5662-0.27% -0.223%—
Aster logoAsterPerpetual · BRUSDTPerpetual $0.5659$0.5667$0.5663-0.26% -0.156%—
MEXC logoMEXCSpot · BRUSDTSpot $0.5672$0.5694$0.5683+0.10% ——
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 Binance perp at $0.5663 and the highest bid on Variational perp at $0.5693.

The widest BR perpetual spread is between Binance and Variational: long BR on Binance at $0.5663 and short on Variational at $0.5693 for +0.54% gross, or +0.38% 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 +0.104% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best BR route is to buy spot on Bybit and short the perpetual on Variational: +0.45% gross, +0.25% net, with -0.120% a day of funding on the short leg.

Spot–spot BR arbitrage (buy on Bybit, withdraw, deposit and sell on Gate) shows +0.41% 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 Binance → sell on Variational (Perp–Perp): +0.54% gross and +0.38% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest BR?

Binance (perp) has the lowest BR ask at $0.5663, and Variational (perp) the highest bid at $0.5693. 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 (Binance 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