Bitfinex:BTC/JPY-Bitfinex:JPY/USDT-Bitstamp:USDT/BTC

-5.3% BTC-JPY-USDT-BTC

		M	Price	1 BTC
Not liquid Bitfinex BTC/JPY	Sell	M	17306000	17271000 JPY
Not liquid Bitfinex JPY/USDT	Sell		0.0065	112040 USDT
Bitstamp BTC/USDT	Buy		117710	0.94708 BTC
			Profit	-5.3%

-8.8% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Bitstamp BTC/USDT	Sell		117690	117100 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0071	16460000 JPY
Not liquid Bitfinex BTC/JPY	Buy	M	18014000	0.91193 BTC
			Profit	-8.8%

Similar routes

-0.5% BTC-JPY-USDT-BTC

		M	Price	1 BTC
Binance BTC/JPY	Sell		17500000	17482000 JPY
Not liquid Kraken USDT/JPY	Buy		148.79	117190 USDT
Coinbase BTC/USDT	Buy		117650	0.99505 BTC
			Profit	-0.5%

-0.5% BTC-JPY-USDT-BTC

		M	Price	1 BTC
Binance BTC/JPY	Sell		17500000	17482000 JPY
Not liquid Kraken USDT/JPY	Buy		148.79	117190 USDT
Binance BTC/USDT	Buy	M	117650	0.99503 BTC
			Profit	-0.5%

-0.5% BTC-JPY-USDT-BTC

		M	Price	1 BTC
Binance BTC/JPY	Sell		17500000	17482000 JPY
Not liquid Kraken USDT/JPY	Buy		148.79	117190 USDT
Kucoin BTC/USDT	Buy	M	117680	0.99485 BTC
			Profit	-0.5%

-0.5% BTC-JPY-USDT-BTC

		M	Price	1 BTC
Binance BTC/JPY	Sell		17500000	17482000 JPY
Not liquid Kraken USDT/JPY	Buy		148.79	117190 USDT
Poloniex BTC/USDT	Buy	M	117650	0.99453 BTC
			Profit	-0.5%

-0.6% BTC-JPY-USDT-BTC

		M	Price	1 BTC
Binance BTC/JPY	Sell		17500000	17482000 JPY
Not liquid Kraken USDT/JPY	Buy		148.79	117190 USDT
Bitfinex BTC/USDT	Buy	M	117610	0.9944 BTC
			Profit	-0.6%

-0.6% BTC-JPY-USDT-BTC

		M	Price	1 BTC
Binance BTC/JPY	Sell		17500000	17482000 JPY
Not liquid Kraken USDT/JPY	Buy		148.79	117190 USDT
Okx BTC/USDT	Buy		117670	0.99436 BTC
			Profit	-0.6%

-0.6% BTC-JPY-USDT-BTC

		M	Price	1 BTC
Binance BTC/JPY	Sell		17500000	17482000 JPY
Not liquid Kraken USDT/JPY	Buy		148.79	117190 USDT
Huobi BTC/USDT	Buy	M	117660	0.99397 BTC
			Profit	-0.6%

-0.6% BTC-JPY-USDT-BTC

		M	Price	1 BTC
Binance BTC/JPY	Sell		17500000	17482000 JPY
Not liquid Kraken USDT/JPY	Buy		148.79	117190 USDT
Gate BTC/USDT	Buy		117670	0.99392 BTC
			Profit	-0.6%

-0.7% BTC-JPY-USDT-BTC

		M	Price	1 BTC
Kraken BTC/JPY	Sell		17500000	17454000 JPY
Not liquid Kraken USDT/JPY	Buy		148.79	117000 USDT
Coinbase BTC/USDT	Buy		117650	0.99347 BTC
			Profit	-0.7%

-0.7% BTC-JPY-USDT-BTC

		M	Price	1 BTC
Kraken BTC/JPY	Sell		17500000	17454000 JPY
Not liquid Kraken USDT/JPY	Buy		148.79	117000 USDT
Binance BTC/USDT	Buy	M	117650	0.99345 BTC
			Profit	-0.7%

-0.7% BTC-JPY-USDT-BTC

		M	Price	1 BTC
Binance BTC/JPY	Sell		17500000	17482000 JPY
Not liquid Kraken USDT/JPY	Buy		148.79	117190 USDT
Kraken BTC/USDT	Buy		117670	0.99328 BTC
			Profit	-0.7%

-0.7% BTC-JPY-USDT-BTC

		M	Price	1 BTC
Kraken BTC/JPY	Sell		17500000	17454000 JPY
Not liquid Kraken USDT/JPY	Buy		148.79	117000 USDT
Kucoin BTC/USDT	Buy	M	117680	0.99326 BTC
			Profit	-0.7%