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

+4.6% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Bitstamp ETH/USDT	Sell		2324.7	2313 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	398000 JPY
Not liquid Kraken ETH/JPY	Buy		379620	1.0457 ETH
			Profit	4.6%

-23.1% ETH-JPY-USDT-ETH

		M	Price	1 ETH
Not liquid Kraken ETH/JPY	Sell		361220	360280 JPY
Not liquid Bitfinex JPY/USDT	Sell		0.005	1797.8 USDT
Bitstamp ETH/USDT	Buy		2326.7	0.76883 ETH
			Profit	-23.1%

Similar routes

+7.5% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Kucoin ETH/USDT	Sell	M	2325.5	2323.2 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	399750 JPY
Not liquid Binance ETH/JPY	Buy		371560	1.0748 ETH
			Profit	7.5%

+7.5% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Binance ETH/USDT	Sell	M	2325.5	2323.2 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	399750 JPY
Not liquid Binance ETH/JPY	Buy		371560	1.0748 ETH
			Profit	7.5%

+7.5% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Coinbase ETH/USDT	Sell		2325.1	2322.7 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	399670 JPY
Not liquid Binance ETH/JPY	Buy		371560	1.0746 ETH
			Profit	7.5%

+7.4% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Okx ETH/USDT	Sell		2325.5	2322 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	399550 JPY
Not liquid Binance ETH/JPY	Buy		371560	1.0742 ETH
			Profit	7.4%

+7.4% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Poloniex ETH/USDT	Sell	M	2325.3	2321.7 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	399490 JPY
Not liquid Binance ETH/JPY	Buy		371560	1.0741 ETH
			Profit	7.4%

+7.4% ETH-USDT-JPY-ETH

		M	Price	1 ETH
lag 1 min Bitfinex ETH/USDT	Sell	M	2326.3	2321.6 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	399480 JPY
Not liquid Binance ETH/JPY	Buy		371560	1.0741 ETH
			Profit	7.4%

+7.4% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Gate ETH/USDT	Sell		2325.8	2321.1 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	399400 JPY
Not liquid Binance ETH/JPY	Buy		371560	1.0738 ETH
			Profit	7.4%

+7.4% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Huobi ETH/USDT	Sell	M	2325.5	2320.8 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	399340 JPY
Not liquid Binance ETH/JPY	Buy		371560	1.0737 ETH
			Profit	7.4%

+7.4% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Not liquid Cex ETH/USDT	Sell		2326.5	2320.7 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	399320 JPY
Not liquid Binance ETH/JPY	Buy		371560	1.0736 ETH
			Profit	7.4%

+7.3% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Kraken ETH/USDT	Sell		2325.6	2319.6 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	399120 JPY
Not liquid Binance ETH/JPY	Buy		371560	1.0731 ETH
			Profit	7.3%

+7.1% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Latoken ETH/USDT	Sell		2325.5	2314.1 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	398180 JPY
Not liquid Binance ETH/JPY	Buy		371560	1.0706 ETH
			Profit	7.1%

+7.0% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Exmo ETH/USDT	Sell		2322.4	2313.1 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	398010 JPY
Not liquid Binance ETH/JPY	Buy		371560	1.0701 ETH
			Profit	7.0%