AEON arbitrage explained
Right now AEON trades on 7 venues we scan: 6 perpetual markets, 5 spot markets and 0 DEX pools. The lowest ask is on MEXC spot at $0.0715 and the highest bid on Bybit perp at $0.0718.
The widest AEON perpetual spread is between Bitget and Bybit: long AEON on Bitget at $0.0716 and short on Bybit at $0.0718 for +0.29% gross, or +0.13% 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 +0.161% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best AEON route is to buy spot on MEXC and short the perpetual on Bybit: +0.41% gross, +0.21% net, with +0.191% a day of funding on the short leg.
Spot–spot AEON arbitrage (buy on MEXC, withdraw, deposit and sell on Gate) shows +0.24% 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 AEON 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: AEON funding rates · AEON spread charts · AEON price · arbitrage scanner for all coins.