QNT arbitrage explained
Right now Quant (QNT) trades on 10 venues we scan: 9 perpetual markets, 6 spot markets and 1 DEX pool. The lowest ask is on KuCoin perp at $252.21 and the highest bid on Bybit spot at $252.61.
The widest QNT perpetual spread is between KuCoin and Bybit: long QNT on KuCoin at $252.21 and short on Bybit at $252.43 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 -0.066% per day, which the position pays while it is open.
For a spot–perpetual (cash-and-carry) trade, the best QNT route is to buy spot on Bitget and short the perpetual on Bybit: +0.04% gross, -0.16% net, with -0.095% a day of funding on the short leg.
Spot–spot QNT arbitrage (buy on Bitget, withdraw, deposit and sell on Bybit) shows +0.11% 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 QNT 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: QNT funding rates · QNT spread charts · Quant price · arbitrage scanner for all coins.