Coinbase:EUR/USDC-Binance:USDC/INIT-Kraken:INIT/EUR

-0.6% EUR-USDC-INIT-EUR

		M	Price	1 EUR
Coinbase USDC/EUR	Buy		0.8669	1.1524 USDC
Binance INIT/USDC	Buy	M	0.0552	20.856 INIT
Not liquid Kraken INIT/EUR	Sell		0.0478	0.99431 EUR
			Profit	-0.6%

-1.4% EUR-INIT-USDC-EUR

		M	Price	1 EUR
Not liquid Kraken INIT/EUR	Buy		0.0482	20.693 INIT
Binance INIT/USDC	Sell	M	0.0551	1.139 USDC
Coinbase USDC/EUR	Sell		0.8668	0.98633 EUR
			Profit	-1.4%

Similar routes

-0.6% EUR-USDC-INIT-EUR

		M	Price	1 EUR
Binance EUR/USDC	Sell		1.1535	1.1523 USDC
Binance INIT/USDC	Buy	M	0.0552	20.855 INIT
Not liquid Kraken INIT/EUR	Sell		0.0478	0.99428 EUR
			Profit	-0.6%

-0.6% EUR-USDC-INIT-EUR

		M	Price	1 EUR
Okx USDC/EUR	Buy		0.8671	1.1515 USDC
Binance INIT/USDC	Buy	M	0.0552	20.84 INIT
Not liquid Kraken INIT/EUR	Sell		0.0478	0.99358 EUR
			Profit	-0.6%

-0.7% EUR-USDC-INIT-EUR

		M	Price	1 EUR
Kraken USDC/EUR	Buy		0.867	1.1504 USDC
Binance INIT/USDC	Buy	M	0.0552	20.82 INIT
Not liquid Kraken INIT/EUR	Sell		0.0478	0.9926 EUR
			Profit	-0.7%

-0.7% EUR-USDC-INIT-EUR

		M	Price	1 EUR
Kucoin USDC/EUR	Buy		0.8684	1.1504 USDC
Binance INIT/USDC	Buy	M	0.0552	20.82 INIT
Not liquid Kraken INIT/EUR	Sell		0.0478	0.99259 EUR
			Profit	-0.7%

-0.9% EUR-USDC-INIT-EUR

		M	Price	1 EUR
Cex USDC/EUR	Buy		0.8681	1.1491 USDC
Binance INIT/USDC	Buy	M	0.0552	20.796 INIT
Not liquid Kraken INIT/EUR	Sell		0.0478	0.99144 EUR
			Profit	-0.9%

-1.0% EUR-USDC-INIT-EUR

		M	Price	1 EUR
Bitstamp USDC/EUR	Buy		0.86693	1.1477 USDC
Binance INIT/USDC	Buy	M	0.0552	20.771 INIT
Not liquid Kraken INIT/EUR	Sell		0.0478	0.99029 EUR
			Profit	-1.0%

-13.6% EUR-USDC-INIT-EUR

		M	Price	1 EUR
Exmo USDC/EUR	Buy		0.99458	1.0014 USDC
Binance INIT/USDC	Buy	M	0.0552	18.124 INIT
Not liquid Kraken INIT/EUR	Sell		0.0478	0.86406 EUR
			Profit	-13.6%