Bitfinex:BTC/ETH-Kraken:ETH/JPY-Binance:JPY/BTC

-0.5% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Bitfinex ETH/BTC	Buy	M	0.031995	31.192 ETH
Not liquid Kraken ETH/JPY	Sell		380700	11844000 JPY
Not liquid Binance BTC/JPY	Buy		11893000	0.99485 BTC
			Profit	-0.5%

-0.7% BTC-JPY-ETH-BTC

		M	Price	1 BTC
Not liquid Binance BTC/JPY	Sell		11893000	11881000 JPY
Not liquid Kraken ETH/JPY	Buy		381010	31.103 ETH
Bitfinex ETH/BTC	Sell	M	0.031994	0.99313 BTC
			Profit	-0.7%

Similar routes

-0.3% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Coinbase ETH/BTC	Buy		0.031996	31.223 ETH
Not liquid Binance ETH/JPY	Sell		380420	11866000 JPY
Not liquid Binance BTC/JPY	Buy		11893000	0.9967 BTC
			Profit	-0.3%

-0.3% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Kucoin ETH/BTC	Buy	M	0.032	31.219 ETH
Not liquid Binance ETH/JPY	Sell		380420	11865000 JPY
Not liquid Binance BTC/JPY	Buy		11893000	0.99658 BTC
			Profit	-0.3%

-0.3% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Binance ETH/BTC	Buy	M	0.032	31.219 ETH
Not liquid Binance ETH/JPY	Sell		380420	11865000 JPY
Not liquid Binance BTC/JPY	Buy		11893000	0.99658 BTC
			Profit	-0.3%

-0.4% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Okx ETH/BTC	Buy		0.032	31.203 ETH
Not liquid Binance ETH/JPY	Sell		380420	11859000 JPY
Not liquid Binance BTC/JPY	Buy		11893000	0.99608 BTC
			Profit	-0.4%

-0.4% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Coinbase ETH/BTC	Buy		0.031996	31.223 ETH
Not liquid Kraken ETH/JPY	Sell		380700	11855000 JPY
Not liquid Binance BTC/JPY	Buy		11893000	0.99581 BTC
			Profit	-0.4%

-0.4% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Bitfinex ETH/BTC	Buy	M	0.031995	31.192 ETH
Not liquid Binance ETH/JPY	Sell		380420	11854000 JPY
Not liquid Binance BTC/JPY	Buy		11893000	0.99574 BTC
			Profit	-0.4%

-0.4% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Kucoin ETH/BTC	Buy	M	0.032	31.219 ETH
Not liquid Kraken ETH/JPY	Sell		380700	11854000 JPY
Not liquid Binance BTC/JPY	Buy		11893000	0.99569 BTC
			Profit	-0.4%

-0.4% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Binance ETH/BTC	Buy	M	0.032	31.219 ETH
Not liquid Kraken ETH/JPY	Sell		380700	11854000 JPY
Not liquid Binance BTC/JPY	Buy		11893000	0.99569 BTC
			Profit	-0.4%

-0.5% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Gate ETH/BTC	Buy		0.032009	31.179 ETH
Not liquid Binance ETH/JPY	Sell		380420	11849000 JPY
Not liquid Binance BTC/JPY	Buy		11893000	0.9953 BTC
			Profit	-0.5%

-0.5% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Okx ETH/BTC	Buy		0.032	31.203 ETH
Not liquid Kraken ETH/JPY	Sell		380700	11848000 JPY
Not liquid Binance BTC/JPY	Buy		11893000	0.99519 BTC
			Profit	-0.5%

-0.5% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Kraken ETH/BTC	Buy		0.031995	31.174 ETH
Not liquid Binance ETH/JPY	Sell		380420	11847000 JPY
Not liquid Binance BTC/JPY	Buy		11893000	0.99514 BTC
			Profit	-0.5%

-0.6% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Gate ETH/BTC	Buy		0.032009	31.179 ETH
Not liquid Kraken ETH/JPY	Sell		380700	11839000 JPY
Not liquid Binance BTC/JPY	Buy		11893000	0.99441 BTC
			Profit	-0.6%