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

-0.7% EUR-USDC-INIT-EUR

		M	Price	1 EUR
Coinbase USDC/EUR	Buy		0.8667	1.1526 USDC
Binance INIT/USDC	Buy	M	0.0553	20.823 INIT
Not liquid Kraken INIT/EUR	Sell		0.0478	0.99274 EUR
			Profit	-0.7%

-0.6% EUR-INIT-USDC-EUR

		M	Price	1 EUR
Not liquid Kraken INIT/EUR	Buy		0.0479	20.823 INIT
Binance INIT/USDC	Sell	M	0.0552	1.1483 USDC
Coinbase USDC/EUR	Sell		0.8666	0.99408 EUR
			Profit	-0.6%

Similar routes

-0.7% EUR-USDC-INIT-EUR

		M	Price	1 EUR
Binance EUR/USDC	Sell		1.1539	1.1527 USDC
Binance INIT/USDC	Buy	M	0.0553	20.824 INIT
Not liquid Kraken INIT/EUR	Sell		0.0478	0.99282 EUR
			Profit	-0.7%

-0.8% EUR-USDC-INIT-EUR

		M	Price	1 EUR
Okx USDC/EUR	Buy		0.867	1.1517 USDC
Binance INIT/USDC	Buy	M	0.0553	20.805 INIT
Not liquid Kraken INIT/EUR	Sell		0.0478	0.9919 EUR
			Profit	-0.8%

-0.9% EUR-USDC-INIT-EUR

		M	Price	1 EUR
Kraken USDC/EUR	Buy		0.8667	1.1508 USDC
Binance INIT/USDC	Buy	M	0.0553	20.789 INIT
Not liquid Kraken INIT/EUR	Sell		0.0478	0.99115 EUR
			Profit	-0.9%

-0.9% EUR-USDC-INIT-EUR

		M	Price	1 EUR
Kucoin USDC/EUR	Buy		0.8686	1.1501 USDC
Binance INIT/USDC	Buy	M	0.0553	20.777 INIT
Not liquid Kraken INIT/EUR	Sell		0.0478	0.99057 EUR
			Profit	-0.9%

-1.0% EUR-USDC-INIT-EUR

		M	Price	1 EUR
Cex USDC/EUR	Buy		0.8681	1.1491 USDC
Binance INIT/USDC	Buy	M	0.0553	20.758 INIT
Not liquid Kraken INIT/EUR	Sell		0.0478	0.98965 EUR
			Profit	-1.0%

-1.1% EUR-USDC-INIT-EUR

		M	Price	1 EUR
Bitstamp USDC/EUR	Buy		0.86664	1.1481 USDC
Binance INIT/USDC	Buy	M	0.0553	20.741 INIT
Not liquid Kraken INIT/EUR	Sell		0.0478	0.98883 EUR
			Profit	-1.1%

-13.8% EUR-USDC-INIT-EUR

		M	Price	1 EUR
Exmo USDC/EUR	Buy		0.99458	1.0014 USDC
Binance INIT/USDC	Buy	M	0.0553	18.091 INIT
Not liquid Kraken INIT/EUR	Sell		0.0478	0.8625 EUR
			Profit	-13.8%