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

-3.5% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Bitfinex USDQ/USD	Buy		0.99899	0.99901 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9705	0.96702 USDC
lag 1 min Bitfinex USDC/USD	Sell		0.9997	0.96479 USD
			Profit	-3.5%

-0.9% USD-USDC-USDQ-USD

		M	Price	1 USD
lag 1 min Bitfinex USDC/USD	Buy		0.99977	0.99823 USDC
Not liquid Kraken USDQ/USDC	Buy		1.0011	0.99454 USDQ
Not liquid Bitfinex USDQ/USD	Sell		0.998	0.99057 USD
			Profit	-0.9%

Similar routes

-3.3% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Bitfinex USDQ/USD	Buy		0.99899	0.99901 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9705	0.96702 USDC
Exmo USDC/USD	Sell		1.0044	0.96739 USD
			Profit	-3.3%

-3.4% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Bitfinex USDQ/USD	Buy		0.99899	0.99901 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9705	0.96702 USDC
Binance USDC/USD	Sell		1.0003	0.96634 USD
			Profit	-3.4%

-3.4% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Kraken USDQ/USD	Buy		1.0001	0.9973 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9705	0.96536 USDC
Exmo USDC/USD	Sell		1.0044	0.96573 USD
			Profit	-3.4%

-3.5% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Kraken USDQ/USD	Buy		1.0001	0.9973 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9705	0.96536 USDC
Binance USDC/USD	Sell		1.0003	0.96469 USD
			Profit	-3.5%

-3.6% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Bitfinex USDQ/USD	Buy		0.99899	0.99901 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9705	0.96702 USDC
Kraken USDC/USD	Sell		0.9998	0.96431 USD
			Profit	-3.6%

-3.7% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Kraken USDQ/USD	Buy		1.0001	0.9973 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9705	0.96536 USDC
lag 1 min Bitfinex USDC/USD	Sell		0.9997	0.96314 USD
			Profit	-3.7%

-3.7% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Kraken USDQ/USD	Buy		1.0001	0.9973 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9705	0.96536 USDC
Kraken USDC/USD	Sell		0.9998	0.96266 USD
			Profit	-3.7%

-3.8% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Bitfinex USDQ/USD	Buy		0.99899	0.99901 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9705	0.96702 USDC
Bitstamp USDC/USD	Sell		0.99982	0.96201 USD
			Profit	-3.8%

-4.0% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Kraken USDQ/USD	Buy		1.0001	0.9973 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9705	0.96536 USDC
Bitstamp USDC/USD	Sell		0.99982	0.96036 USD
			Profit	-4.0%

-100.0% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Bitfinex USDQ/USD	Buy		0.99899	0.99901 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9705	0.96702 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		1.0001	0.9973 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9705	0.96536 USDC
Not liquid Cex USDC/USD	Sell		0	0 USD
			Profit	-100.0%