ArbiLayer

BTR arbitrage

live

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

Best net spread-0.00%Gate → Bybit · Spot–Perp
Best perp–perp spread0.00%MEXC → Bybit
Markets tracked107 venues · 7 perp · 3 spot · 0 DEX
Price range0.68%$0.046 – $0.0463

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Gate logoGatespot$0.046KuCoin logoKuCoinspot$0.046 -0.02%-0.22% -0.02%— 0.000%— LS Chart →
Gate logoGatespot$0.046MEXC logoMEXCspot$0.0459 -0.17%-0.37% -0.17%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.0461KuCoin logoKuCoinspot$0.046 -0.24%-0.44% -0.24%— 0.000%— LS Chart →
MEXC logoMEXCspot$0.0461Gate logoGatespot$0.046 -0.33%-0.53% -0.33%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.0462Gate logoGatespot$0.046 -0.41%-0.61% -0.41%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$0.0462MEXC logoMEXCspot$0.0459 -0.48%-0.68% -0.48%— 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.

BTR price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · BTRUSDTPerpetual $0.0461$0.0461$0.0461+0.04% +0.030%$953.0K
Gate logoGatePerpetual · BTR_USDTPerpetual $0.0461$0.0461$0.04610.00% +0.136%$478.7K
Gate logoGateSpot · BTR_USDTSpot $0.046$0.046$0.046-0.24% —$331.0K
MEXC logoMEXCPerpetual · BTR_USDTPerpetual $0.0461$0.0461$0.04610.00% +0.114%$225.5K
HTX logoHTXPerpetual · BTR-USDTPerpetual $0.0461$0.0465$0.0463+0.44% +0.132%$175.9K
KuCoin logoKuCoinPerpetual · BTRUSDTMPerpetual $0.0461$0.0462$0.0461+0.02% +0.073%$132.1K
KuCoin logoKuCoinSpot · BTR-USDTSpot $0.046$0.0462$0.0461-0.04% —$57.9K
Binance logoBinancePerpetual · BTRUSDTPerpetual $0.0461$0.0461$0.0461+0.01% +0.114%—
Aster logoAsterPerpetual · BTRUSDTPerpetual $0.0461$0.0461$0.0461-0.02% +0.053%—
MEXC logoMEXCSpot · BTRUSDTSpot $0.0459$0.0461$0.046-0.16% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

BTR arbitrage explained

Right now Bitlayer (BTR) trades on 7 venues we scan: 7 perpetual markets, 3 spot markets and 0 DEX pools. The lowest ask is on Gate spot at $0.046 and the highest bid on Bybit perp at $0.0461.

The widest BTR perpetual spread is between MEXC and Bybit: long BTR on MEXC at $0.0461 and short on Bybit at $0.0461 for 0.00% gross, or -0.16% 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 -0.084% per day, which the position pays while it is open.

For a spot–perpetual (cash-and-carry) trade, the best BTR route is to buy spot on Gate and short the perpetual on Bybit: +0.20% gross, -0.00% net, with +0.030% a day of funding on the short leg.

Spot–spot BTR arbitrage (buy on Gate, withdraw, deposit and sell on KuCoin) shows -0.02% 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 BTR 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: BTR funding rates · BTR spread charts · Bitlayer price · arbitrage scanner for all coins.

Is there a BTR arbitrage opportunity right now?

The best BTR route right now is to buy on Gate spot → sell on Bybit (Spot–Perp): +0.20% gross and -0.00% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest BTR?

Gate (spot) has the lowest BTR ask at $0.046, and Bybit (perp) the highest bid at $0.0461. Prices update every 15 seconds on this page.

How many exchanges list BTR?

ArbiLayer tracks 10 BTR markets on 7 venues: 7 perpetual, 3 spot and 0 DEX pools.

How do I arbitrage BTR without transferring coins?

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

Arbitrage for other coins