Coinbase:EUR/USDT-Bitstamp:USDT/USDC-Kraken:USDC/EUR

-1.0% EUR-USDT-USDC-EUR

		M	Price	1 EUR
Coinbase USDT/EUR	Buy		0.85231	1.1721 USDT
Not liquid Bitstamp USDC/USDT	Buy		1.001	1.1651 USDC
Kraken USDC/EUR	Sell		0.8517	0.98973 EUR
			Profit	-1.0%

-1.7% EUR-USDC-USDT-EUR

		M	Price	1 EUR
Kraken USDC/EUR	Buy		0.8518	1.1709 USDC
Not liquid Bitstamp USDC/USDT	Sell		0.99125	1.1549 USDT
Coinbase USDT/EUR	Sell		0.85227	0.98329 EUR
			Profit	-1.7%

Similar routes

-0.3% EUR-USDT-USDC-EUR

		M	Price	1 EUR
Coinbase USDT/EUR	Buy		0.85231	1.1721 USDT
Kucoin USDC/USDT	Buy	M	0.9993	1.1718 USDC
Coinbase USDC/EUR	Sell		0.8518	0.9971 EUR
			Profit	-0.3%

-0.3% EUR-USDT-USDC-EUR

		M	Price	1 EUR
Coinbase USDT/EUR	Buy		0.85231	1.1721 USDT
Gate USDC/USDT	Buy		0.9993	1.1718 USDC
Coinbase USDC/EUR	Sell		0.8518	0.9971 EUR
			Profit	-0.3%

-0.3% EUR-USDT-USDC-EUR

		M	Price	1 EUR
Coinbase USDT/EUR	Buy		0.85231	1.1721 USDT
Kucoin USDT/USDC	Sell		1.0007	1.1718 USDC
Coinbase USDC/EUR	Sell		0.8518	0.9971 EUR
			Profit	-0.3%

-0.3% EUR-USDT-USDC-EUR

		M	Price	1 EUR
Binance EUR/USDT	Sell		1.1732	1.172 USDT
Kucoin USDC/USDT	Buy	M	0.9993	1.1717 USDC
Coinbase USDC/EUR	Sell		0.8518	0.99703 EUR
			Profit	-0.3%

-0.3% EUR-USDT-USDC-EUR

		M	Price	1 EUR
Binance EUR/USDT	Sell		1.1732	1.172 USDT
Gate USDC/USDT	Buy		0.9993	1.1717 USDC
Coinbase USDC/EUR	Sell		0.8518	0.99703 EUR
			Profit	-0.3%

-0.3% EUR-USDT-USDC-EUR

		M	Price	1 EUR
Binance EUR/USDT	Sell		1.1732	1.172 USDT
Kucoin USDT/USDC	Sell		1.0007	1.1717 USDC
Coinbase USDC/EUR	Sell		0.8518	0.99703 EUR
			Profit	-0.3%

-0.3% EUR-USDT-USDC-EUR

		M	Price	1 EUR
Coinbase USDT/EUR	Buy		0.85231	1.1721 USDT
Kucoin USDC/USDT	Buy	M	0.9993	1.1718 USDC
Binance EUR/USDC	Buy		1.1741	0.99701 EUR
			Profit	-0.3%

-0.3% EUR-USDT-USDC-EUR

		M	Price	1 EUR
Coinbase USDT/EUR	Buy		0.85231	1.1721 USDT
Gate USDC/USDT	Buy		0.9993	1.1718 USDC
Binance EUR/USDC	Buy		1.1741	0.99701 EUR
			Profit	-0.3%

-0.3% EUR-USDT-USDC-EUR

		M	Price	1 EUR
Coinbase USDT/EUR	Buy		0.85231	1.1721 USDT
Kucoin USDT/USDC	Sell		1.0007	1.1718 USDC
Binance EUR/USDC	Buy		1.1741	0.99701 EUR
			Profit	-0.3%

-0.3% EUR-USDT-USDC-EUR

		M	Price	1 EUR
Coinbase USDT/EUR	Buy		0.85231	1.1721 USDT
Binance USDC/USDT	Buy	M	0.9994	1.1716 USDC
Coinbase USDC/EUR	Sell		0.8518	0.997 EUR
			Profit	-0.3%

-0.3% EUR-USDT-USDC-EUR

		M	Price	1 EUR
Binance EUR/USDT	Sell		1.1732	1.172 USDT
Kucoin USDC/USDT	Buy	M	0.9993	1.1717 USDC
Binance EUR/USDC	Buy		1.1741	0.99694 EUR
			Profit	-0.3%

-0.3% EUR-USDT-USDC-EUR

		M	Price	1 EUR
Binance EUR/USDT	Sell		1.1732	1.172 USDT
Gate USDC/USDT	Buy		0.9993	1.1717 USDC
Binance EUR/USDC	Buy		1.1741	0.99694 EUR
			Profit	-0.3%