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

-1.0% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Coinbase BTC/USDT	Sell		70552	70481 USDT
Not liquid Kraken USDT/JPY	Sell		158.38	11134000 JPY
Not liquid Kraken BTC/JPY	Buy		11216000	0.9901 BTC
			Profit	-1.0%

Similar routes

+4.5% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Coinbase BTC/USDT	Sell		70552	70481 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11723000 JPY
Not liquid Binance BTC/JPY	Buy		11209000	1.0449 BTC
			Profit	4.5%

+4.5% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kucoin BTC/USDT	Sell	M	70533	70462 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11720000 JPY
Not liquid Binance BTC/JPY	Buy		11209000	1.0446 BTC
			Profit	4.5%

+4.5% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Binance BTC/USDT	Sell	M	70532	70462 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11720000 JPY
Not liquid Binance BTC/JPY	Buy		11209000	1.0446 BTC
			Profit	4.5%

+4.4% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Okx BTC/USDT	Sell		70545	70439 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11716000 JPY
Not liquid Binance BTC/JPY	Buy		11209000	1.0442 BTC
			Profit	4.4%

+4.4% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Poloniex BTC/USDT	Sell	M	70536	70427 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11714000 JPY
Not liquid Binance BTC/JPY	Buy		11209000	1.0441 BTC
			Profit	4.4%

+4.4% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Bitfinex BTC/USDT	Sell	M	70533	70392 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11709000 JPY
Not liquid Binance BTC/JPY	Buy		11209000	1.0436 BTC
			Profit	4.4%

+4.4% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Gate BTC/USDT	Sell		70531	70390 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11708000 JPY
Not liquid Binance BTC/JPY	Buy		11209000	1.0435 BTC
			Profit	4.4%

+4.3% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Huobi BTC/USDT	Sell	M	70525	70384 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11707000 JPY
Not liquid Binance BTC/JPY	Buy		11209000	1.0434 BTC
			Profit	4.3%

+4.3% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kraken BTC/USDT	Sell		70543	70360 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11703000 JPY
Not liquid Binance BTC/JPY	Buy		11209000	1.0431 BTC
			Profit	4.3%

+4.3% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Coinbase BTC/USDT	Sell		70552	70481 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11723000 JPY
Not liquid Kraken BTC/JPY	Buy		11216000	1.0425 BTC
			Profit	4.3%

+4.2% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kucoin BTC/USDT	Sell	M	70533	70462 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11720000 JPY
Not liquid Kraken BTC/JPY	Buy		11216000	1.0423 BTC
			Profit	4.2%

+4.2% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Binance BTC/USDT	Sell	M	70532	70462 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.006	11720000 JPY
Not liquid Kraken BTC/JPY	Buy		11216000	1.0423 BTC
			Profit	4.2%