Q arbitrage explained
Right now Quack AI (Q) trades on 8 venues we scan: 8 perpetual markets, 4 spot markets and 0 DEX pools. The lowest ask is on Gate spot at $0.0212 and the highest bid on Binance perp at $0.0213.
The widest Q perpetual spread is between Gate and Binance: long Q on Gate at $0.0212 and short on Binance at $0.0213 for +0.14% gross, or -0.02% 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 +0.020% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best Q route is to buy spot on Gate and short the perpetual on Binance: +0.14% gross, -0.06% net, with +0.050% a day of funding on the short leg.
Spot–spot Q arbitrage (buy on Gate, withdraw, deposit and sell on KuCoin) shows +0.01% 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 Q 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: Q funding rates · Q spread charts · Quack AI price · arbitrage scanner for all coins.