AT arbitrage explained
Right now Apro (AT) trades on 8 venues we scan: 8 perpetual markets, 3 spot markets and 0 DEX pools. The lowest ask is on Gate spot at $0.1323 and the highest bid on KuCoin perp at $0.1327.
The widest AT perpetual spread is between Bitget and KuCoin: long AT on Bitget at $0.1326 and short on KuCoin at $0.1327 for +0.08% gross, or -0.08% 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 AT route is to buy spot on Gate and short the perpetual on KuCoin: +0.31% gross, +0.11% net, with +0.030% a day of funding on the short leg.
Spot–spot AT arbitrage (buy on Gate, withdraw, deposit and sell on Binance) shows +0.08% 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 AT 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: AT funding rates · AT spread charts · Apro price · arbitrage scanner for all coins.