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

+6.8% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kraken BTC/USDT	Sell		70981	70797 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	11976000 JPY
Not liquid Binance BTC/JPY	Buy		11199000	1.0683 BTC
			Profit	6.8%

-21.6% BTC-JPY-USDT-BTC

		M	Price	1 BTC
Not liquid Binance BTC/JPY	Sell		11197000	11185000 JPY
Not liquid Bitfinex JPY/USDT	Sell		0.005	55815 USDT
Kraken BTC/USDT	Buy		70991	0.78418 BTC
			Profit	-21.6%

Similar routes

+7.0% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Binance BTC/USDT	Sell	M	70992	70921 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	11997000 JPY
Not liquid Binance BTC/JPY	Buy		11199000	1.0702 BTC
			Profit	7.0%

+7.0% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kucoin BTC/USDT	Sell	M	70987	70916 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	11996000 JPY
Not liquid Binance BTC/JPY	Buy		11199000	1.0701 BTC
			Profit	7.0%

+7.0% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Okx BTC/USDT	Sell		70986	70880 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	11990000 JPY
Not liquid Binance BTC/JPY	Buy		11199000	1.0696 BTC
			Profit	7.0%

+6.9% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Coinbase BTC/USDT	Sell		70944	70873 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	11989000 JPY
Not liquid Binance BTC/JPY	Buy		11199000	1.0695 BTC
			Profit	6.9%

+6.9% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Gate BTC/USDT	Sell		71002	70860 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	11986000 JPY
Not liquid Binance BTC/JPY	Buy		11199000	1.0693 BTC
			Profit	6.9%

+6.9% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Poloniex BTC/USDT	Sell	M	70960	70850 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	11985000 JPY
Not liquid Binance BTC/JPY	Buy		11199000	1.0691 BTC
			Profit	6.9%

+6.9% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Huobi BTC/USDT	Sell	M	70979	70837 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	11982000 JPY
Not liquid Binance BTC/JPY	Buy		11199000	1.0689 BTC
			Profit	6.9%

+6.8% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Binance BTC/USDT	Sell	M	70992	70921 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	11997000 JPY
Not liquid Kraken BTC/JPY	Buy		11199000	1.0684 BTC
			Profit	6.8%

+6.8% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kucoin BTC/USDT	Sell	M	70987	70916 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	11996000 JPY
Not liquid Kraken BTC/JPY	Buy		11199000	1.0683 BTC
			Profit	6.8%

+6.8% BTC-USDT-JPY-BTC

		M	Price	1 BTC
lag 1 min Bitfinex BTC/USDT	Sell	M	70910	70768 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	11971000 JPY
Not liquid Binance BTC/JPY	Buy		11199000	1.0679 BTC
			Profit	6.8%

+6.8% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Okx BTC/USDT	Sell		70986	70880 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	11990000 JPY
Not liquid Kraken BTC/JPY	Buy		11199000	1.0678 BTC
			Profit	6.8%

+6.8% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Coinbase BTC/USDT	Sell		70944	70873 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058999	11989000 JPY
Not liquid Kraken BTC/JPY	Buy		11199000	1.0677 BTC
			Profit	6.8%