Binance:APE/FDUSD-Binance:FDUSD/USDC-Kraken:USDC/APE

-1.1% APE-FDUSD-USDC-APE

		M	Price	1 APE
Binance APE/FDUSD	Sell		1.121	1.1199 FDUSD
Binance FDUSD/USDC	Sell	M	1	1.1188 USDC
Not liquid Kraken APE/USDC	Buy		1.128	0.98923 APE
			Profit	-1.1%

-1.0% APE-USDC-FDUSD-APE

		M	Price	1 APE
Not liquid Kraken APE/USDC	Sell		1.1165	1.1136 USDC
Binance FDUSD/USDC	Buy	M	1.0001	1.1124 FDUSD
Binance APE/FDUSD	Buy		1.123	0.98955 APE
			Profit	-1.0%

Similar routes

-0.5% APE-FDUSD-USDC-APE

		M	Price	1 APE
Binance APE/FDUSD	Sell		1.121	1.1199 FDUSD
Binance FDUSD/USDC	Sell	M	1	1.1188 USDC
Not liquid Kucoin APE/USDC	Buy		1.123	0.99523 APE
			Profit	-0.5%

-0.5% APE-FDUSD-USDC-APE

		M	Price	1 APE
Binance APE/FDUSD	Sell		1.121	1.1199 FDUSD
Binance FDUSD/USDC	Sell	M	1	1.1188 USDC
Binance APE/USDC	Buy	M	1.123	0.99523 APE
			Profit	-0.5%

-0.5% APE-FDUSD-USDC-APE

		M	Price	1 APE
Binance APE/FDUSD	Sell		1.121	1.1199 FDUSD
Binance FDUSD/USDC	Sell	M	1	1.1188 USDC
Okx APE/USDC	Buy		1.1226	0.99508 APE
			Profit	-0.5%