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

+7.1% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Bitstamp ETH/USDT	Sell		2309.2	2297.7 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	395350 JPY
Not liquid Binance ETH/JPY	Buy		368810	1.0709 ETH
			Profit	7.1%

-20.8% ETH-JPY-USDT-ETH

		M	Price	1 ETH
Not liquid Binance ETH/JPY	Sell		368810	368440 JPY
Not liquid Bitfinex JPY/USDT	Sell		0.005	1838.5 USDT
Bitstamp ETH/USDT	Buy		2310.9	0.79161 ETH
			Profit	-20.8%

Similar routes

+7.6% ETH-USDT-JPY-ETH

		M	Price	1 ETH
lag 1 min Bitfinex ETH/USDT	Sell	M	2313.1	2308.5 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	397220 JPY
Not liquid Binance ETH/JPY	Buy		368810	1.0759 ETH
			Profit	7.6%

+7.6% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Kucoin ETH/USDT	Sell	M	2310.4	2308 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	397140 JPY
Not liquid Binance ETH/JPY	Buy		368810	1.0757 ETH
			Profit	7.6%

+7.5% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Binance ETH/USDT	Sell	M	2309.4	2307.1 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	396990 JPY
Not liquid Binance ETH/JPY	Buy		368810	1.0753 ETH
			Profit	7.5%

+7.5% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Okx ETH/USDT	Sell		2310.4	2306.9 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	396950 JPY
Not liquid Binance ETH/JPY	Buy		368810	1.0752 ETH
			Profit	7.5%

+7.5% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Poloniex ETH/USDT	Sell	M	2310	2306.4 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	396860 JPY
Not liquid Binance ETH/JPY	Buy		368810	1.075 ETH
			Profit	7.5%

+7.5% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Coinbase ETH/USDT	Sell		2307.9	2305.6 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	396720 JPY
Not liquid Binance ETH/JPY	Buy		368810	1.0746 ETH
			Profit	7.5%

+7.5% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Huobi ETH/USDT	Sell	M	2310.2	2305.6 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	396720 JPY
Not liquid Binance ETH/JPY	Buy		368810	1.0746 ETH
			Profit	7.5%

+7.4% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Gate ETH/USDT	Sell		2309.5	2304.9 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	396600 JPY
Not liquid Binance ETH/JPY	Buy		368810	1.0743 ETH
			Profit	7.4%

+7.4% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Not liquid Cex ETH/USDT	Sell		2310	2304.2 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	396490 JPY
Not liquid Binance ETH/JPY	Buy		368810	1.074 ETH
			Profit	7.4%

+7.4% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Kraken ETH/USDT	Sell		2309.5	2303.5 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	396360 JPY
Not liquid Binance ETH/JPY	Buy		368810	1.0736 ETH
			Profit	7.4%

+7.1% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Latoken ETH/USDT	Sell		2310.1	2298.8 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	395560 JPY
Not liquid Binance ETH/JPY	Buy		368810	1.0714 ETH
			Profit	7.1%

+7.1% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Exmo ETH/USDT	Sell		2307.3	2298 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	395420 JPY
Not liquid Binance ETH/JPY	Buy		368810	1.0711 ETH
			Profit	7.1%