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

-1.3% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Bitstamp BTC/USDT	Sell		78733	78339 USDT
Not liquid Kraken USDT/JPY	Sell		154.3	12057000 JPY
Not liquid Binance BTC/JPY	Buy		12205000	0.98688 BTC
			Profit	-1.3%

Similar routes

+3.6% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kucoin BTC/USDT	Sell	M	78736	78657 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0061999	12661000 JPY
Not liquid Binance BTC/JPY	Buy		12205000	1.0364 BTC
			Profit	3.6%

+3.6% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Binance BTC/USDT	Sell	M	78728	78649 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0061999	12660000 JPY
Not liquid Binance BTC/JPY	Buy		12205000	1.0363 BTC
			Profit	3.6%

+3.6% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Coinbase BTC/USDT	Sell		78706	78627 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0061999	12657000 JPY
Not liquid Binance BTC/JPY	Buy		12205000	1.036 BTC
			Profit	3.6%

+3.6% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Poloniex BTC/USDT	Sell	M	78732	78610 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0061999	12654000 JPY
Not liquid Binance BTC/JPY	Buy		12205000	1.0358 BTC
			Profit	3.6%

+3.6% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Okx BTC/USDT	Sell		78728	78610 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0061999	12654000 JPY
Not liquid Binance BTC/JPY	Buy		12205000	1.0357 BTC
			Profit	3.6%

+3.6% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Bitfinex BTC/USDT	Sell	M	78765	78607 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0061999	12653000 JPY
Not liquid Binance BTC/JPY	Buy		12205000	1.0357 BTC
			Profit	3.6%

+3.5% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Gate BTC/USDT	Sell		78731	78573 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0061999	12648000 JPY
Not liquid Binance BTC/JPY	Buy		12205000	1.0353 BTC
			Profit	3.5%

+3.5% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Huobi BTC/USDT	Sell	M	78719	78561 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0061999	12646000 JPY
Not liquid Binance BTC/JPY	Buy		12205000	1.0351 BTC
			Profit	3.5%

+3.5% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kraken BTC/USDT	Sell		78724	78520 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0061999	12639000 JPY
Not liquid Binance BTC/JPY	Buy		12205000	1.0346 BTC
			Profit	3.5%

+3.3% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Exmo BTC/USDT	Sell		78681	78367 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0061999	12615000 JPY
Not liquid Binance BTC/JPY	Buy		12205000	1.0325 BTC
			Profit	3.3%

+3.2% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Bitstamp BTC/USDT	Sell		78733	78339 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0061999	12610000 JPY
Not liquid Binance BTC/JPY	Buy		12205000	1.0322 BTC
			Profit	3.2%

+3.2% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Cex BTC/USDT	Sell		78489	78293 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0061999	12603000 JPY
Not liquid Binance BTC/JPY	Buy		12205000	1.0316 BTC
			Profit	3.2%