Binance:BTC/FDUSD-Binance:FDUSD/SAND-Kraken:SAND/BTC

-0.7% BTC-FDUSD-SAND-BTC

		M	Price	1 BTC
Binance BTC/FDUSD	Sell	M	98220	98122 FDUSD
Binance SAND/FDUSD	Buy		0.3445	284540 SAND
Kraken SAND/BTC	Sell		0.0000035	0.9933 BTC
			Profit	-0.7%

-0.6% BTC-SAND-FDUSD-BTC

		M	Price	1 BTC
Kraken SAND/BTC	Buy		0.00000351	284160 SAND
Binance SAND/FDUSD	Sell		0.3443	97738 FDUSD
Binance BTC/FDUSD	Buy	M	98224	0.99406 BTC
			Profit	-0.6%

Similar routes

-0.5% BTC-FDUSD-SAND-BTC

		M	Price	1 BTC
Binance BTC/FDUSD	Sell	M	98220	98122 FDUSD
Binance SAND/FDUSD	Buy		0.3445	284540 SAND
Binance SAND/BTC	Sell	M	0.0000035	0.99489 BTC
			Profit	-0.5%

-4.0% BTC-FDUSD-SAND-BTC

		M	Price	1 BTC
Binance BTC/FDUSD	Sell	M	98220	98122 FDUSD
Binance SAND/FDUSD	Buy		0.3445	284540 SAND
Not liquid Poloniex SAND/BTC	Sell		0.00000338	0.96025 BTC
			Profit	-4.0%