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

-1.4% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Bitstamp ETH/BTC	Buy		0.018797	52.934 ETH
Not liquid Kraken ETH/JPY	Sell		226970	11983000 JPY
Not liquid Bitfinex BTC/JPY	Buy	M	12130000	0.98594 BTC
			Profit	-1.4%

-15.3% BTC-JPY-ETH-BTC

		M	Price	1 BTC
Not liquid Bitfinex BTC/JPY	Sell	M	10326000	10305000 JPY
Not liquid Kraken ETH/JPY	Buy		226990	45.283 ETH
Bitstamp ETH/BTC	Sell		0.01879	0.8466 BTC
			Profit	-15.3%

Similar routes

-0.3% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Binance ETH/BTC	Buy	M	0.0188	53.138 ETH
Not liquid Kraken ETH/JPY	Sell		226970	12030000 JPY
Binance BTC/JPY	Buy		12053000	0.99706 BTC
			Profit	-0.3%

-0.3% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Kucoin ETH/BTC	Buy	M	0.0188	53.138 ETH
Not liquid Kraken ETH/JPY	Sell		226970	12030000 JPY
Binance BTC/JPY	Buy		12053000	0.99706 BTC
			Profit	-0.3%

-0.3% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Binance ETH/BTC	Buy	M	0.0188	53.138 ETH
Binance ETH/JPY	Sell		226500	12024000 JPY
Binance BTC/JPY	Buy		12053000	0.99657 BTC
			Profit	-0.3%

-0.3% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Kucoin ETH/BTC	Buy	M	0.0188	53.138 ETH
Binance ETH/JPY	Sell		226500	12024000 JPY
Binance BTC/JPY	Buy		12053000	0.99657 BTC
			Profit	-0.3%

-0.3% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Okx ETH/BTC	Buy		0.0188	53.112 ETH
Not liquid Kraken ETH/JPY	Sell		226970	12024000 JPY
Binance BTC/JPY	Buy		12053000	0.99656 BTC
			Profit	-0.3%

-0.3% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Coinbase ETH/BTC	Buy		0.01881	53.11 ETH
Not liquid Kraken ETH/JPY	Sell		226970	12023000 JPY
Binance BTC/JPY	Buy		12053000	0.99653 BTC
			Profit	-0.3%

-0.3% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Poloniex ETH/BTC	Buy	M	0.0188	53.109 ETH
Not liquid Kraken ETH/JPY	Sell		226970	12023000 JPY
Binance BTC/JPY	Buy		12053000	0.99651 BTC
			Profit	-0.3%

-0.4% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Gate ETH/BTC	Buy		0.018796	53.096 ETH
Not liquid Kraken ETH/JPY	Sell		226970	12020000 JPY
Binance BTC/JPY	Buy		12053000	0.99627 BTC
			Profit	-0.4%

-0.4% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Huobi ETH/BTC	Buy		0.018799	53.088 ETH
Not liquid Kraken ETH/JPY	Sell		226970	12018000 JPY
Binance BTC/JPY	Buy		12053000	0.99611 BTC
			Profit	-0.4%

-0.4% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Okx ETH/BTC	Buy		0.0188	53.112 ETH
Binance ETH/JPY	Sell		226500	12018000 JPY
Binance BTC/JPY	Buy		12053000	0.99607 BTC
			Profit	-0.4%

-0.4% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Coinbase ETH/BTC	Buy		0.01881	53.11 ETH
Binance ETH/JPY	Sell		226500	12017000 JPY
Binance BTC/JPY	Buy		12053000	0.99604 BTC
			Profit	-0.4%

-0.4% BTC-ETH-JPY-BTC

		M	Price	1 BTC
Poloniex ETH/BTC	Buy	M	0.0188	53.109 ETH
Binance ETH/JPY	Sell		226500	12017000 JPY
Binance BTC/JPY	Buy		12053000	0.99602 BTC
			Profit	-0.4%