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Binance:FDUSD/USDC-Binance:USDC/RAY-Binance:RAY/FDUSD

-0.5% FDUSD-USDC-RAY-FDUSD
M Price 1 FDUSD
Binance FDUSD/USDC Sell M 0.9992 0.9982 USDC
Binance RAY/USDC Buy M 5.549 0.17971 RAY
Binance RAY/FDUSD Sell 5.544 0.99531 FDUSD
      Profit -0.5%
 
-0.5% FDUSD-RAY-USDC-FDUSD
M Price 1 FDUSD
Binance RAY/FDUSD Buy 5.559 0.17971 RAY
Binance RAY/USDC Sell M 5.546 0.99567 USDC
Binance FDUSD/USDC Buy M 0.9993 0.99537 FDUSD
      Profit -0.5%