Bitfinex:JPY/USDT-Bitstamp:USDT/USD-Kraken:USD/JPY

+2.8% JPY-USDT-USD-JPY

		M	Price	1 JPY
Not liquid Bitfinex JPY/USDT	Sell		0.007	0.006986 USDT
Bitstamp USDT/USD	Sell		0.99951	0.0069477 USD
Kraken USD/JPY	Sell		148.36	1.0281 JPY
			Profit	2.8%

-14.5% JPY-USD-USDT-JPY

		M	Price	1 JPY
Kraken USD/JPY	Buy		148.8	0.0067028 USD
Bitstamp USDT/USD	Buy		0.99952	0.0066725 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.00779	0.85484 JPY
			Profit	-14.5%

Similar routes

+4.7% JPY-USDT-USD-JPY

		M	Price	1 JPY
Not liquid Bitfinex JPY/USDT	Sell		0.007	0.006986 USDT
Exmo USDT/USD	Sell		1.0165	0.007073 USD
Kraken USD/JPY	Sell		148.36	1.0466 JPY
			Profit	4.7%

+3.2% JPY-USDT-USD-JPY

		M	Price	1 JPY
Not liquid Bitfinex JPY/USDT	Sell		0.007	0.006986 USDT
Coinbase USDT/USD	Sell		0.99949	0.0069755 USD
Kraken USD/JPY	Sell		148.36	1.0322 JPY
			Profit	3.2%

+3.2% JPY-USDT-USD-JPY

		M	Price	1 JPY
Not liquid Bitfinex JPY/USDT	Sell		0.007	0.006986 USDT
Okx USDT/USD	Sell		0.9995	0.006972 USD
Kraken USD/JPY	Sell		148.36	1.0317 JPY
			Profit	3.2%

+3.1% JPY-USDT-USD-JPY

		M	Price	1 JPY
Not liquid Bitfinex JPY/USDT	Sell		0.007	0.006986 USDT
lag 1 min Bitfinex USDT/USD	Sell	M	0.99921	0.0069665 USD
Kraken USD/JPY	Sell		148.36	1.0309 JPY
			Profit	3.1%

+3.1% JPY-USDT-USD-JPY

		M	Price	1 JPY
Not liquid Bitfinex JPY/USDT	Sell		0.007	0.006986 USDT
Not liquid Cex USDT/USD	Sell		0.9995	0.0069651 USD
Kraken USD/JPY	Sell		148.36	1.0306 JPY
			Profit	3.1%

+3.0% JPY-USDT-USD-JPY

		M	Price	1 JPY
Not liquid Bitfinex JPY/USDT	Sell		0.007	0.006986 USDT
Kraken USDT/USD	Sell		0.99946	0.0069641 USD
Kraken USD/JPY	Sell		148.36	1.0305 JPY
			Profit	3.0%

0.8% JPY-USDT-USD-JPY

		M	Price	1 JPY
Not liquid Kraken USDT/JPY	Buy		148.29	0.006726 USDT
Exmo USDT/USD	Sell		1.0165	0.0068097 USD
Kraken USD/JPY	Sell		148.36	1.0077 JPY
			Profit	0.8%

-0.6% JPY-USDT-USD-JPY

		M	Price	1 JPY
Not liquid Kraken USDT/JPY	Buy		148.29	0.006726 USDT
Coinbase USDT/USD	Sell		0.99949	0.0067158 USD
Kraken USD/JPY	Sell		148.36	0.99375 JPY
			Profit	-0.6%

-0.7% JPY-USDT-USD-JPY

		M	Price	1 JPY
Not liquid Kraken USDT/JPY	Buy		148.29	0.006726 USDT
Okx USDT/USD	Sell		0.9995	0.0067125 USD
Kraken USD/JPY	Sell		148.36	0.99327 JPY
			Profit	-0.7%

-0.8% JPY-USDT-USD-JPY

		M	Price	1 JPY
Not liquid Kraken USDT/JPY	Buy		148.29	0.006726 USDT
lag 1 min Bitfinex USDT/USD	Sell	M	0.99921	0.0067072 USD
Kraken USD/JPY	Sell		148.36	0.99248 JPY
			Profit	-0.8%

-0.8% JPY-USDT-USD-JPY

		M	Price	1 JPY
Not liquid Kraken USDT/JPY	Buy		148.29	0.006726 USDT
Not liquid Cex USDT/USD	Sell		0.9995	0.0067058 USD
Kraken USD/JPY	Sell		148.36	0.99227 JPY
			Profit	-0.8%

-0.8% JPY-USDT-USD-JPY

		M	Price	1 JPY
Not liquid Kraken USDT/JPY	Buy		148.29	0.006726 USDT
Kraken USDT/USD	Sell		0.99946	0.0067049 USD
Kraken USD/JPY	Sell		148.36	0.99213 JPY
			Profit	-0.8%