Cex:ALGO/USD-Bitfinex:USD/USDC-Exmo:USDC/ALGO

-55.3% ALGO-USD-USDC-ALGO

		M	Price	1 ALGO
Not liquid Cex ALGO/USD	Sell		0.09	0.089775 USD
Bitfinex USDC/USD	Buy		1.0012	0.089488 USDC
Exmo ALGO/USDC	Buy		0.19927	0.44728 ALGO
			Profit	-55.3%

-45.5% ALGO-USDC-USD-ALGO

		M	Price	1 ALGO
Exmo ALGO/USDC	Sell		0.16196	0.16131 USDC
Bitfinex USDC/USD	Sell		1.0011	0.16116 USD
Not liquid Cex ALGO/USD	Buy		0.295	0.54495 ALGO
			Profit	-45.5%

Similar routes

-0.4% ALGO-USD-USDC-ALGO

		M	Price	1 ALGO
Bitfinex ALGO/USD	Sell	M	0.16255	0.16222 USD
Kraken USDC/USD	Buy		0.9998	0.16184 USDC
Binance ALGO/USDC	Buy	M	0.1623	0.99614 ALGO
			Profit	-0.4%

-0.4% ALGO-USD-USDC-ALGO

		M	Price	1 ALGO
Bitfinex ALGO/USD	Sell	M	0.16255	0.16222 USD
Kraken USDC/USD	Buy		0.9998	0.16184 USDC
Gate ALGO/USDC	Buy		0.16221	0.9957 ALGO
			Profit	-0.4%

-0.4% ALGO-USD-USDC-ALGO

		M	Price	1 ALGO
Coinbase ALGO/USD	Sell		0.1623	0.16214 USD
Kraken USDC/USD	Buy		0.9998	0.16175 USDC
Binance ALGO/USDC	Buy	M	0.1623	0.99561 ALGO
			Profit	-0.4%

-0.5% ALGO-USD-USDC-ALGO

		M	Price	1 ALGO
Bitfinex ALGO/USD	Sell	M	0.16255	0.16222 USD
Bitfinex USDC/USD	Buy		1.0012	0.16171 USDC
Binance ALGO/USDC	Buy	M	0.1623	0.99535 ALGO
			Profit	-0.5%

-0.5% ALGO-USD-USDC-ALGO

		M	Price	1 ALGO
Coinbase ALGO/USD	Sell		0.1623	0.16214 USD
Kraken USDC/USD	Buy		0.9998	0.16175 USDC
Gate ALGO/USDC	Buy		0.16221	0.99516 ALGO
			Profit	-0.5%

-0.5% ALGO-USD-USDC-ALGO

		M	Price	1 ALGO
Bitfinex ALGO/USD	Sell	M	0.16255	0.16222 USD
Kraken USDC/USD	Buy		0.9998	0.16184 USDC
Kucoin ALGO/USDC	Buy		0.1625	0.99491 ALGO
			Profit	-0.5%

-0.5% ALGO-USD-USDC-ALGO

		M	Price	1 ALGO
Bitfinex ALGO/USD	Sell	M	0.16255	0.16222 USD
Bitfinex USDC/USD	Buy		1.0012	0.16171 USDC
Gate ALGO/USDC	Buy		0.16221	0.9949 ALGO
			Profit	-0.5%

-0.5% ALGO-USD-USDC-ALGO

		M	Price	1 ALGO
Coinbase ALGO/USD	Sell		0.1623	0.16214 USD
Bitfinex USDC/USD	Buy		1.0012	0.16162 USDC
Binance ALGO/USDC	Buy	M	0.1623	0.99481 ALGO
			Profit	-0.5%

-0.6% ALGO-USD-USDC-ALGO

		M	Price	1 ALGO
Okx ALGO/USD	Sell		0.1622	0.16196 USD
Kraken USDC/USD	Buy		0.9998	0.16157 USDC
Binance ALGO/USDC	Buy	M	0.1623	0.99449 ALGO
			Profit	-0.6%

-0.6% ALGO-USD-USDC-ALGO

		M	Price	1 ALGO
Coinbase ALGO/USD	Sell		0.1623	0.16214 USD
Kraken USDC/USD	Buy		0.9998	0.16175 USDC
Kucoin ALGO/USDC	Buy		0.1625	0.99438 ALGO
			Profit	-0.6%

-0.6% ALGO-USD-USDC-ALGO

		M	Price	1 ALGO
Coinbase ALGO/USD	Sell		0.1623	0.16214 USD
Bitfinex USDC/USD	Buy		1.0012	0.16162 USDC
Gate ALGO/USDC	Buy		0.16221	0.99437 ALGO
			Profit	-0.6%

-0.6% ALGO-USD-USDC-ALGO

		M	Price	1 ALGO
Bitfinex ALGO/USD	Sell	M	0.16255	0.16222 USD
Bitfinex USDC/USD	Buy		1.0012	0.16171 USDC
Kucoin ALGO/USDC	Buy		0.1625	0.99412 ALGO
			Profit	-0.6%