Huobi:BTC/USDT-Bitfinex:USDT/JPY-Binance:JPY/BTC

+6.8% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Huobi BTC/USDT	Sell	M	71149	71007 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	12011000 JPY
Not liquid Binance BTC/JPY	Buy		11236000	1.0679 BTC
			Profit	6.8%

-21.5% BTC-JPY-USDT-BTC

		M	Price	1 BTC
Not liquid Binance BTC/JPY	Sell		11233000	11222000 JPY
Not liquid Bitfinex JPY/USDT	Sell		0.005	55997 USDT
Huobi BTC/USDT	Buy	M	71149	0.78547 BTC
			Profit	-21.5%

Similar routes

+7.1% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Binance BTC/USDT	Sell	M	71160	71088 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	12025000 JPY
Not liquid Kraken BTC/JPY	Buy		11199000	1.0709 BTC
			Profit	7.1%

+7.1% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kucoin BTC/USDT	Sell	M	71146	71075 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	12023000 JPY
Not liquid Kraken BTC/JPY	Buy		11199000	1.0707 BTC
			Profit	7.1%

+7.0% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Okx BTC/USDT	Sell		71154	71047 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	12018000 JPY
Not liquid Kraken BTC/JPY	Buy		11199000	1.0703 BTC
			Profit	7.0%

+7.0% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Coinbase BTC/USDT	Sell		71111	71040 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	12017000 JPY
Not liquid Kraken BTC/JPY	Buy		11199000	1.0702 BTC
			Profit	7.0%

+7.0% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Huobi BTC/USDT	Sell	M	71149	71007 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	12011000 JPY
Not liquid Kraken BTC/JPY	Buy		11199000	1.0697 BTC
			Profit	7.0%

+7.0% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Poloniex BTC/USDT	Sell	M	71110	71000 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	12010000 JPY
Not liquid Kraken BTC/JPY	Buy		11199000	1.0696 BTC
			Profit	7.0%

+6.9% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Gate BTC/USDT	Sell		71129	70987 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	12008000 JPY
Not liquid Kraken BTC/JPY	Buy		11199000	1.0694 BTC
			Profit	6.9%

+6.9% BTC-USDT-JPY-BTC

		M	Price	1 BTC
lag 1 min Bitfinex BTC/USDT	Sell	M	71124	70982 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	12007000 JPY
Not liquid Kraken BTC/JPY	Buy		11199000	1.0693 BTC
			Profit	6.9%

+6.9% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Binance BTC/USDT	Sell	M	71160	71088 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	12025000 JPY
Not liquid Binance BTC/JPY	Buy		11236000	1.0692 BTC
			Profit	6.9%

+6.9% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kraken BTC/USDT	Sell		71144	70959 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	12003000 JPY
Not liquid Kraken BTC/JPY	Buy		11199000	1.069 BTC
			Profit	6.9%

+6.9% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kucoin BTC/USDT	Sell	M	71146	71075 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	12023000 JPY
Not liquid Binance BTC/JPY	Buy		11236000	1.069 BTC
			Profit	6.9%

+6.9% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Okx BTC/USDT	Sell		71154	71047 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	12018000 JPY
Not liquid Binance BTC/JPY	Buy		11236000	1.0685 BTC
			Profit	6.9%