Bitfinex:USD/USDQ-Kraken:USDQ/USDC-Binance:USDC/USD

-3.9% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Bitfinex USDQ/USD	Buy		1.0005	0.9975 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9669	0.96198 USDC
Binance USDC/USD	Sell		0.99969	0.96072 USD
			Profit	-3.9%

-0.8% USD-USDC-USDQ-USD

		M	Price	1 USD
Binance USDC/USD	Buy		0.9997	0.9993 USDC
Not liquid Kraken USDQ/USDC	Buy		1.0012	0.99551 USDQ
Not liquid Bitfinex USDQ/USD	Sell		0.998	0.99153 USD
			Profit	-0.8%

Similar routes

-3.7% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Kraken USDQ/USD	Buy		0.9973	1.0001 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9669	0.96448 USDC
Binance USDC/USD	Sell		0.99969	0.96322 USD
			Profit	-3.7%

-3.7% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Kraken USDQ/USD	Buy		0.9973	1.0001 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9669	0.96448 USDC
Bitfinex USDC/USD	Sell		1.0006	0.96313 USD
			Profit	-3.7%

-3.8% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Kraken USDQ/USD	Buy		0.9973	1.0001 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9669	0.96448 USDC
Kraken USDC/USD	Sell		0.9997	0.96169 USD
			Profit	-3.8%

-3.9% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Bitfinex USDQ/USD	Buy		1.0005	0.9975 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9669	0.96198 USDC
Bitfinex USDC/USD	Sell		1.0006	0.96063 USD
			Profit	-3.9%

-4.0% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Kraken USDQ/USD	Buy		0.9973	1.0001 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9669	0.96448 USDC
Not liquid Exmo USDC/USD	Sell		0.9993	0.95995 USD
			Profit	-4.0%

-4.1% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Kraken USDQ/USD	Buy		0.9973	1.0001 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9669	0.96448 USDC
Bitstamp USDC/USD	Sell		0.99977	0.95944 USD
			Profit	-4.1%

-4.1% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Bitfinex USDQ/USD	Buy		1.0005	0.9975 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9669	0.96198 USDC
Kraken USDC/USD	Sell		0.9997	0.95919 USD
			Profit	-4.1%

-4.3% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Bitfinex USDQ/USD	Buy		1.0005	0.9975 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9669	0.96198 USDC
Not liquid Exmo USDC/USD	Sell		0.9993	0.95746 USD
			Profit	-4.3%

-4.3% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Bitfinex USDQ/USD	Buy		1.0005	0.9975 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9669	0.96198 USDC
Bitstamp USDC/USD	Sell		0.99977	0.95695 USD
			Profit	-4.3%

-100.0% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Bitfinex USDQ/USD	Buy		1.0005	0.9975 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9669	0.96198 USDC
Not liquid Cex USDC/USD	Sell		0	0 USD
			Profit	-100.0%

-100.0% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Kraken USDQ/USD	Buy		0.9973	1.0001 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9669	0.96448 USDC
Not liquid Cex USDC/USD	Sell		0	0 USD
			Profit	-100.0%