Binance:FDUSD/USDC-Kraken:USDC/PENGU-Binance:PENGU/FDUSD

-18.1% FDUSD-USDC-PENGU-FDUSD

		M	Price	1 FDUSD
Binance FDUSD/USDC	Sell	M	0.9994	0.9984 USDC
Not liquid Kraken PENGU/USDC	Buy		0.01561	63.793 PENGU
Binance PENGU/FDUSD	Sell	M	0.012857	0.81936 FDUSD
			Profit	-18.1%

-4.1% FDUSD-PENGU-USDC-FDUSD

		M	Price	1 FDUSD
Binance PENGU/FDUSD	Buy	M	0.012903	77.424 PENGU
Not liquid Kraken PENGU/USDC	Sell		0.01242	0.9591 USDC
Binance FDUSD/USDC	Buy	M	0.9995	0.95862 FDUSD
			Profit	-4.1%

Similar routes

-0.5% FDUSD-USDC-PENGU-FDUSD

		M	Price	1 FDUSD
Binance FDUSD/USDC	Sell	M	0.9994	0.9984 USDC
Binance PENGU/USDC	Buy	M	0.012879	77.444 PENGU
Binance PENGU/FDUSD	Sell	M	0.012857	0.9947 FDUSD
			Profit	-0.5%

-0.9% FDUSD-USDC-PENGU-FDUSD

		M	Price	1 FDUSD
Binance FDUSD/USDC	Sell	M	0.9994	0.9984 USDC
Exmo PENGU/USDC	Buy		0.012894	77.121 PENGU
Binance PENGU/FDUSD	Sell	M	0.012857	0.99055 FDUSD
			Profit	-0.9%