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

-0.4% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Cex BTC/USDT	Sell		110040	109760 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.00671	16325000 JPY
Binance BTC/JPY	Buy		16381000	0.99559 BTC
			Profit	-0.4%

-4.4% BTC-JPY-USDT-BTC

		M	Price	1 BTC
Binance BTC/JPY	Sell		16381000	16365000 JPY
Not liquid Bitfinex JPY/USDT	Sell		0.0064584	105480 USDT
Cex BTC/USDT	Buy		110100	0.95562 BTC
			Profit	-4.4%

Similar routes

-0.3% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Binance BTC/USDT	Sell	M	110070	109960 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.00671	16355000 JPY
Binance BTC/JPY	Buy		16381000	0.9974 BTC
			Profit	-0.3%

-0.3% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kucoin BTC/USDT	Sell	M	110070	109960 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.00671	16355000 JPY
Binance BTC/JPY	Buy		16381000	0.99739 BTC
			Profit	-0.3%

-0.3% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Coinbase BTC/USDT	Sell		110060	109950 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.00671	16353000 JPY
Binance BTC/JPY	Buy		16381000	0.99725 BTC
			Profit	-0.3%

-0.3% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Okx BTC/USDT	Sell		110070	109900 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.00671	16346000 JPY
Binance BTC/JPY	Buy		16381000	0.99688 BTC
			Profit	-0.3%

-0.4% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Poloniex BTC/USDT	Sell	M	110020	109850 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.00671	16339000 JPY
Binance BTC/JPY	Buy		16381000	0.99641 BTC
			Profit	-0.4%

-0.4% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Gate BTC/USDT	Sell		110070	109850 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.00671	16338000 JPY
Binance BTC/JPY	Buy		16381000	0.99638 BTC
			Profit	-0.4%

-0.4% BTC-USDT-JPY-BTC

		M	Price	1 BTC
lag 1 min Bitfinex BTC/USDT	Sell	M	110060	109840 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.00671	16337000 JPY
Binance BTC/JPY	Buy		16381000	0.99629 BTC
			Profit	-0.4%

-0.4% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Huobi BTC/USDT	Sell	M	110050	109830 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.00671	16336000 JPY
Binance BTC/JPY	Buy		16381000	0.99621 BTC
			Profit	-0.4%

-0.4% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Binance BTC/USDT	Sell	M	110070	109960 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.00671	16355000 JPY
Not liquid Kraken BTC/JPY	Buy		16375000	0.99616 BTC
			Profit	-0.4%

-0.4% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kucoin BTC/USDT	Sell	M	110070	109960 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.00671	16355000 JPY
Not liquid Kraken BTC/JPY	Buy		16375000	0.99615 BTC
			Profit	-0.4%

-0.4% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Coinbase BTC/USDT	Sell		110060	109950 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.00671	16353000 JPY
Not liquid Kraken BTC/JPY	Buy		16375000	0.99601 BTC
			Profit	-0.4%

-0.4% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kraken BTC/USDT	Sell		110070	109790 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.00671	16329000 JPY
Binance BTC/JPY	Buy		16381000	0.9958 BTC
			Profit	-0.4%