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 Bitget perp at $251.47 and the highest bid on Bitget spot at $251.81.
The widest QNT perpetual spread is between Bitget and Bybit: long QNT on Bitget at $251.47 and short on Bybit at $251.75 for +0.11% gross, or -0.05% 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 collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best QNT route is to buy spot on Binance and short the perpetual on Bybit: -0.01% gross, -0.21% net, with +0.030% a day of funding on the short leg.
Spot–spot QNT arbitrage (buy on Binance, withdraw, deposit and sell on Bitget) 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 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.