Coinbase:BTC/USDT-Bitfinex:USDT/JPY-Kraken:JPY/BTC

+5.8% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Coinbase BTC/USDT	Sell		74524	74449 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	12593000 JPY
Not liquid Kraken BTC/JPY	Buy		11876000	1.0576 BTC
			Profit	5.8%

-21.0% BTC-JPY-USDT-BTC

		M	Price	1 BTC
Not liquid Kraken BTC/JPY	Sell		11844000	11814000 JPY
Not liquid Bitfinex JPY/USDT	Sell		0.005	58950 USDT
Coinbase BTC/USDT	Buy		74543	0.79002 BTC
			Profit	-21.0%

Similar routes

+6.1% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Coinbase BTC/USDT	Sell		74524	74449 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	12593000 JPY
Not liquid Binance BTC/JPY	Buy		11863000	1.0605 BTC
			Profit	6.1%

+6.0% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Binance BTC/USDT	Sell	M	74515	74440 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	12592000 JPY
Not liquid Binance BTC/JPY	Buy		11863000	1.0604 BTC
			Profit	6.0%

+6.0% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kucoin BTC/USDT	Sell	M	74513	74439 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	12592000 JPY
Not liquid Binance BTC/JPY	Buy		11863000	1.0604 BTC
			Profit	6.0%

+6.0% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Poloniex BTC/USDT	Sell	M	74521	74405 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	12586000 JPY
Not liquid Binance BTC/JPY	Buy		11863000	1.0599 BTC
			Profit	6.0%

+6.0% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Okx BTC/USDT	Sell		74508	74396 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	12584000 JPY
Not liquid Binance BTC/JPY	Buy		11863000	1.0598 BTC
			Profit	6.0%

+5.9% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Huobi BTC/USDT	Sell	M	74521	74372 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	12580000 JPY
Not liquid Binance BTC/JPY	Buy		11863000	1.0594 BTC
			Profit	5.9%

+5.9% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Gate BTC/USDT	Sell		74519	74370 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	12580000 JPY
Not liquid Binance BTC/JPY	Buy		11863000	1.0594 BTC
			Profit	5.9%

+5.9% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Bitfinex BTC/USDT	Sell	M	74514	74365 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	12579000 JPY
Not liquid Binance BTC/JPY	Buy		11863000	1.0593 BTC
			Profit	5.9%

+5.9% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kraken BTC/USDT	Sell		74524	74330 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	12573000 JPY
Not liquid Binance BTC/JPY	Buy		11863000	1.0588 BTC
			Profit	5.9%

+5.7% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Binance BTC/USDT	Sell	M	74515	74440 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	12592000 JPY
Not liquid Kraken BTC/JPY	Buy		11876000	1.0575 BTC
			Profit	5.7%

+5.7% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kucoin BTC/USDT	Sell	M	74513	74439 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	12592000 JPY
Not liquid Kraken BTC/JPY	Buy		11876000	1.0575 BTC
			Profit	5.7%

+5.7% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Poloniex BTC/USDT	Sell	M	74521	74405 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	12586000 JPY
Not liquid Kraken BTC/JPY	Buy		11876000	1.057 BTC
			Profit	5.7%