Huobi:BTC/USDT-Kraken:USDT/JPY-Kraken:JPY/BTC

-1.5% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Huobi BTC/USDT	Sell	M	71091	70949 USDT
Not liquid Kraken USDT/JPY	Sell		156.24	11056000 JPY
Kraken BTC/JPY	Buy		11191000	0.9854 BTC
			Profit	-1.5%

-1.2% BTC-JPY-USDT-BTC

		M	Price	1 BTC
Kraken BTC/JPY	Sell		11142000	11113000 JPY
Not liquid Kraken USDT/JPY	Buy		157.51	70370 USDT
Huobi BTC/USDT	Buy	M	71091	0.98787 BTC
			Profit	-1.2%

Similar routes

+2.2% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Poloniex BTC/USDT	Sell	M	71138	71027 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062	11433000 JPY
Binance BTC/JPY	Buy		11178000	1.0218 BTC
			Profit	2.2%

+2.2% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kucoin BTC/USDT	Sell	M	71087	71016 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062	11431000 JPY
Binance BTC/JPY	Buy		11178000	1.0216 BTC
			Profit	2.2%

+2.2% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Binance BTC/USDT	Sell	M	71087	71016 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062	11431000 JPY
Binance BTC/JPY	Buy		11178000	1.0216 BTC
			Profit	2.2%

+2.2% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Coinbase BTC/USDT	Sell		71082	71011 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062	11430000 JPY
Binance BTC/JPY	Buy		11178000	1.0215 BTC
			Profit	2.2%

+2.1% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Okx BTC/USDT	Sell		71090	70983 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062	11426000 JPY
Binance BTC/JPY	Buy		11178000	1.0211 BTC
			Profit	2.1%

+2.1% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Gate BTC/USDT	Sell		71096	70954 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062	11421000 JPY
Binance BTC/JPY	Buy		11178000	1.0207 BTC
			Profit	2.1%

+2.1% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Huobi BTC/USDT	Sell	M	71091	70949 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062	11420000 JPY
Binance BTC/JPY	Buy		11178000	1.0206 BTC
			Profit	2.1%

+2.0% BTC-USDT-JPY-BTC

		M	Price	1 BTC
lag 1 min Bitfinex BTC/USDT	Sell	M	71081	70939 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062	11419000 JPY
Binance BTC/JPY	Buy		11178000	1.0205 BTC
			Profit	2.0%

+2.0% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kraken BTC/USDT	Sell		71060	70876 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062	11409000 JPY
Binance BTC/JPY	Buy		11178000	1.0196 BTC
			Profit	2.0%

+1.9% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Poloniex BTC/USDT	Sell	M	71138	71027 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062	11433000 JPY
Kraken BTC/JPY	Buy		11191000	1.019 BTC
			Profit	1.9%

+1.9% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kucoin BTC/USDT	Sell	M	71087	71016 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062	11431000 JPY
Kraken BTC/JPY	Buy		11191000	1.0188 BTC
			Profit	1.9%

+1.9% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Binance BTC/USDT	Sell	M	71087	71016 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062	11431000 JPY
Kraken BTC/JPY	Buy		11191000	1.0188 BTC
			Profit	1.9%