AIO arbitrage explained
Right now OlaXBT (AIO) trades on 7 venues we scan: 7 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on Bitget spot at $0.0431 and the highest bid on Bybit perp at $0.0432.
The widest AIO perpetual spread is between Bitget and Binance: long AIO on Bitget at $0.0432 and short on Binance at $0.0432 for +0.09% gross, or -0.07% 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 AIO route is to buy spot on Bitget and short the perpetual on Binance: +0.12% gross, -0.08% net, with +0.030% a day of funding on the short leg.
Spot–spot AIO arbitrage (buy on Bitget, withdraw, deposit and sell on Gate) 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 AIO 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: AIO funding rates · AIO spread charts · OlaXBT price · arbitrage scanner for all coins.