Huobi:ETH/USDT-Kraken:USDT/JPY-Kraken:JPY/ETH

-3.5% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Huobi ETH/USDT	Sell	M	2524.2	2519.2 USDT
Not liquid Kraken USDT/JPY	Sell		158.25	397620 JPY
Not liquid Kraken ETH/JPY	Buy		411160	0.96457 ETH
			Profit	-3.5%

-3.2% ETH-JPY-USDT-ETH

		M	Price	1 ETH
Not liquid Kraken ETH/JPY	Sell		392690	391670 JPY
Not liquid Kraken USDT/JPY	Buy		159.54	2448.7 USDT
Huobi ETH/USDT	Buy	M	2525.6	0.9676 ETH
			Profit	-3.2%

Similar routes

-0.6% ETH-USDT-JPY-ETH

		M	Price	1 ETH
lag 1 min Bitfinex ETH/USDT	Sell	M	2534.3	2529.2 USDT
Not liquid Kraken USDT/JPY	Sell		158.25	399210 JPY
Not liquid Binance ETH/JPY	Buy		401420	0.9935 ETH
			Profit	-0.6%

-0.8% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Binance ETH/USDT	Sell	M	2527.2	2524.7 USDT
Not liquid Kraken USDT/JPY	Sell		158.25	398490 JPY
Not liquid Binance ETH/JPY	Buy		401420	0.99172 ETH
			Profit	-0.8%

-0.9% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Coinbase ETH/USDT	Sell		2525.9	2523.3 USDT
Not liquid Kraken USDT/JPY	Sell		158.25	398280 JPY
Not liquid Binance ETH/JPY	Buy		401420	0.99119 ETH
			Profit	-0.9%

-0.9% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Kucoin ETH/USDT	Sell	M	2525.7	2523.2 USDT
Not liquid Kraken USDT/JPY	Sell		158.25	398250 JPY
Not liquid Binance ETH/JPY	Buy		401420	0.99111 ETH
			Profit	-0.9%

-0.9% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Poloniex ETH/USDT	Sell	M	2526.6	2522.6 USDT
Not liquid Kraken USDT/JPY	Sell		158.25	398160 JPY
Not liquid Binance ETH/JPY	Buy		401420	0.99091 ETH
			Profit	-0.9%

-0.9% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Not liquid Cex ETH/USDT	Sell		2528.5	2522.2 USDT
Not liquid Kraken USDT/JPY	Sell		158.25	398090 JPY
Not liquid Binance ETH/JPY	Buy		401420	0.99073 ETH
			Profit	-0.9%

-0.9% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Gate ETH/USDT	Sell		2526.7	2521.6 USDT
Not liquid Kraken USDT/JPY	Sell		158.25	398010 JPY
Not liquid Binance ETH/JPY	Buy		401420	0.99052 ETH
			Profit	-0.9%

-1.0% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Okx ETH/USDT	Sell		2525.3	2521.5 USDT
Not liquid Kraken USDT/JPY	Sell		158.25	397990 JPY
Not liquid Binance ETH/JPY	Buy		401420	0.99048 ETH
			Profit	-1.0%

-1.0% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Kraken ETH/USDT	Sell		2526	2519.4 USDT
Not liquid Kraken USDT/JPY	Sell		158.25	397650 JPY
Not liquid Binance ETH/JPY	Buy		401420	0.98963 ETH
			Profit	-1.0%

-1.0% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Huobi ETH/USDT	Sell	M	2524.2	2519.2 USDT
Not liquid Kraken USDT/JPY	Sell		158.25	397620 JPY
Not liquid Binance ETH/JPY	Buy		401420	0.98956 ETH
			Profit	-1.0%

-1.3% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Bitstamp ETH/USDT	Sell		2524.7	2512.1 USDT
Not liquid Kraken USDT/JPY	Sell		158.25	396490 JPY
Not liquid Binance ETH/JPY	Buy		401420	0.98675 ETH
			Profit	-1.3%

-3.2% ETH-USDT-JPY-ETH

		M	Price	1 ETH
lag 1 min Bitfinex ETH/USDT	Sell	M	2534.3	2529.2 USDT
Not liquid Kraken USDT/JPY	Sell		158.25	399210 JPY
Not liquid Kraken ETH/JPY	Buy		411160	0.96841 ETH
			Profit	-3.2%