AIGENSYN arbitrage explained
Right now AIGENSYN trades on 6 venues we scan: 6 perpetual markets, 2 spot markets and 0 DEX pools. The lowest ask is on KuCoin perp at $0.0208 and the highest bid on Bybit perp at $0.0208.
The widest AIGENSYN perpetual spread is between Gate and Bybit: long AIGENSYN on Gate at $0.0208 and short on Bybit at $0.0208 for +0.10% gross, or -0.06% 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 AIGENSYN route is to buy spot on Binance and short the perpetual on Bybit: -0.05% gross, -0.25% net, with +0.030% a day of funding on the short leg.
Spot–spot AIGENSYN arbitrage (buy on Gate, withdraw, deposit and sell on Binance) shows -0.05% 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 AIGENSYN 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: AIGENSYN funding rates · AIGENSYN spread charts · arbitrage scanner for all coins.