Most traders hear “arbitrage” and think about buying an asset cheaper on one exchange and selling it higher on another. But in perp markets, one of the bigger opportunities comes from funding-rate differences across exchanges. That is where @ArbitronApp becomes interesting. — The same asset can trade on @binance, @Bybit_Official, @okx and @HyperliquidX, while funding rates differ across each venue. Instead of betting on whether price goes up or down, a trader can take opposing positions across two exchanges and try to capture that difference while reducing directional exposure. For example: • Long on Exchange A • Short on Exchange B You can hedge price exposure and capture the funding spread. The same idea also works with spot/perp arbitrage. — The harder part is finding these opportunities consistently. There are hundreds of markets, changing spreads, funding rates, fees and liquidity conditions. Arbitron solves this by scanning across 21 integrated exchanges and supporting: • Linear perpetual arbitrage • Inverse perpetual arbitrage • Perp/perp funding arbitrage • Spot/perp funding arbitrage So the workflow becomes: Scan -> Filter -> Execute -> Monitor Instead of manually checking different exchanges, calculating the trade and opening both sides yourself. — What makes the latest update more interesting is the AI layer. Arbitron strategies can now be read by AI assistants through MCP. So you can ask something like: “Is my $SOL spread strategy set up correctly?” The AI can review your settings, live spread and backtest data, then point out things like fees eating too much of the trade or parameters that may need adjusting. Importantly, the connection is read-only. The AI can analyze the strategy, but it cannot trade. — That gives Arbitron a broader structure: Discover the opportunity -> Execute the trade -> Track performance -> Let AI analyze the strategy So it is becoming less of a simple arbitrage bot and more of an end-to-end system for running market-neutral strategies. Of course, arbitrage is not risk-free. Funding can change, spreads can move, liquidity matters and exchange risk still exists. But the real advantage here is having discovery, execution, monitoring and analysis connected in one place.