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

+8.0% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kraken BTC/USDT	Sell		96564	96313 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.005792	16595000 JPY
Binance BTC/JPY	Buy		15354000	1.0798 BTC
			Profit	8.0%

-8.5% BTC-JPY-USDT-BTC

		M	Price	1 BTC
Binance BTC/JPY	Sell		15349000	15333000 JPY
Not liquid Bitfinex JPY/USDT	Sell		0.00579	88603 USDT
Kraken BTC/USDT	Buy		96564	0.91517 BTC
			Profit	-8.5%

Similar routes

+8.2% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Coinbase BTC/USDT	Sell		96572	96476 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.005792	16623000 JPY
Kraken BTC/JPY	Buy		15323000	1.0821 BTC
			Profit	8.2%

+8.2% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kucoin BTC/USDT	Sell	M	96564	96468 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.005792	16622000 JPY
Kraken BTC/JPY	Buy		15323000	1.082 BTC
			Profit	8.2%

+8.2% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Binance BTC/USDT	Sell	M	96551	96455 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.005792	16620000 JPY
Kraken BTC/JPY	Buy		15323000	1.0818 BTC
			Profit	8.2%

+8.2% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Coinbase BTC/USDT	Sell		96572	96476 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.005792	16623000 JPY
Binance BTC/JPY	Buy		15354000	1.0816 BTC
			Profit	8.2%

+8.2% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kucoin BTC/USDT	Sell	M	96564	96468 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.005792	16622000 JPY
Binance BTC/JPY	Buy		15354000	1.0815 BTC
			Profit	8.2%

+8.1% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Binance BTC/USDT	Sell	M	96551	96455 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.005792	16620000 JPY
Binance BTC/JPY	Buy		15354000	1.0814 BTC
			Profit	8.1%

+8.1% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Okx BTC/USDT	Sell		96553	96409 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.005792	16612000 JPY
Kraken BTC/JPY	Buy		15323000	1.0813 BTC
			Profit	8.1%

+8.1% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Gate BTC/USDT	Sell		96571	96378 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.005792	16607000 JPY
Kraken BTC/JPY	Buy		15323000	1.081 BTC
			Profit	8.1%

+8.1% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Huobi BTC/USDT	Sell	M	96560	96367 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.005792	16605000 JPY
Kraken BTC/JPY	Buy		15323000	1.0808 BTC
			Profit	8.1%

+8.1% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Okx BTC/USDT	Sell		96553	96409 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.005792	16612000 JPY
Binance BTC/JPY	Buy		15354000	1.0808 BTC
			Profit	8.1%

+8.1% BTC-USDT-JPY-BTC

		M	Price	1 BTC
lag 1 min Bitfinex BTC/USDT	Sell	M	96549	96356 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.005792	16603000 JPY
Kraken BTC/JPY	Buy		15323000	1.0807 BTC
			Profit	8.1%

+8.1% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Gate BTC/USDT	Sell		96571	96378 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.005792	16607000 JPY
Binance BTC/JPY	Buy		15354000	1.0805 BTC
			Profit	8.1%