AIN arbitrage explained
Right now Infinity Ground (AIN) trades on 6 venues we scan: 5 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on MEXC perp at $0.0422 and the highest bid on Gate spot at $0.0425.
The widest AIN perpetual spread is between Binance and KuCoin: long AIN on Binance at $0.0422 and short on KuCoin at $0.0423 for +0.28% gross, or +0.12% 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 -0.550% per day, which the position pays while it is open.
For a spot–perpetual (cash-and-carry) trade, the best AIN route is to buy spot on KuCoin and short the perpetual on KuCoin: +0.09% gross, -0.11% net, with -0.227% a day of funding on the short leg.
Spot–spot AIN arbitrage (buy on KuCoin, withdraw, deposit and sell on Gate) shows +0.40% 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 AIN 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: AIN funding rates · AIN spread charts · Infinity Ground price · arbitrage scanner for all coins.