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

+4.6% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Bitstamp BTC/USDT	Sell		70069	69719 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11597000 JPY
Not liquid Binance BTC/JPY	Buy		11073000	1.0462 BTC
			Profit	4.6%

-21.6% BTC-JPY-USDT-BTC

		M	Price	1 BTC
Not liquid Binance BTC/JPY	Sell		11070000	11059000 JPY
Not liquid Bitfinex JPY/USDT	Sell		0.005	55183 USDT
Bitstamp BTC/USDT	Buy		70072	0.78359 BTC
			Profit	-21.6%

Similar routes

+5.0% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Binance BTC/USDT	Sell	M	70071	70001 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11643000 JPY
Not liquid Binance BTC/JPY	Buy		11073000	1.0505 BTC
			Profit	5.0%

+5.0% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kucoin BTC/USDT	Sell	M	70069	69999 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11643000 JPY
Not liquid Binance BTC/JPY	Buy		11073000	1.0505 BTC
			Profit	5.0%

+5.0% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Coinbase BTC/USDT	Sell		70037	69967 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11638000 JPY
Not liquid Binance BTC/JPY	Buy		11073000	1.05 BTC
			Profit	5.0%

+5.0% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Okx BTC/USDT	Sell		70068	69963 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11637000 JPY
Not liquid Binance BTC/JPY	Buy		11073000	1.0499 BTC
			Profit	5.0%

+4.9% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Poloniex BTC/USDT	Sell	M	70039	69930 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11632000 JPY
Not liquid Binance BTC/JPY	Buy		11073000	1.0494 BTC
			Profit	4.9%

+4.9% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Gate BTC/USDT	Sell		70070	69930 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11632000 JPY
Not liquid Binance BTC/JPY	Buy		11073000	1.0494 BTC
			Profit	4.9%

+4.9% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Huobi BTC/USDT	Sell	M	70062	69921 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11630000 JPY
Not liquid Binance BTC/JPY	Buy		11073000	1.0493 BTC
			Profit	4.9%

+4.9% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Bitfinex BTC/USDT	Sell	M	70045	69905 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11628000 JPY
Not liquid Binance BTC/JPY	Buy		11073000	1.049 BTC
			Profit	4.9%

+4.9% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kraken BTC/USDT	Sell		70059	69877 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11623000 JPY
Not liquid Binance BTC/JPY	Buy		11073000	1.0486 BTC
			Profit	4.9%

+4.7% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Cex BTC/USDT	Sell		69917	69742 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11600000 JPY
Not liquid Binance BTC/JPY	Buy		11073000	1.0466 BTC
			Profit	4.7%

+4.7% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Exmo BTC/USDT	Sell		70016	69736 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11599000 JPY
Not liquid Binance BTC/JPY	Buy		11073000	1.0465 BTC
			Profit	4.7%

+4.6% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Latoken BTC/USDT	Sell		70069	69726 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11598000 JPY
Not liquid Binance BTC/JPY	Buy		11073000	1.0464 BTC
			Profit	4.6%