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

+1.3% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kraken BTC/USDT	Sell		86424	86199 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062987	13658000 JPY
Kraken BTC/JPY	Buy		13450000	1.0128 BTC
			Profit	1.3%

-9.5% BTC-JPY-USDT-BTC

		M	Price	1 BTC
Kraken BTC/JPY	Sell		13421000	13387000 JPY
Not liquid Bitfinex JPY/USDT	Sell		0.0058714	78441 USDT
Kraken BTC/USDT	Buy		86424	0.90527 BTC
			Profit	-9.5%

Similar routes

+1.6% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Binance BTC/USDT	Sell	M	86455	86368 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062987	13685000 JPY
Binance BTC/JPY	Buy		13461000	1.0156 BTC
			Profit	1.6%

+1.6% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kucoin BTC/USDT	Sell	M	86455	86368 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062987	13685000 JPY
Binance BTC/JPY	Buy		13461000	1.0156 BTC
			Profit	1.6%

+1.5% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Coinbase BTC/USDT	Sell		86423	86336 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062987	13680000 JPY
Binance BTC/JPY	Buy		13461000	1.0152 BTC
			Profit	1.5%

+1.5% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Okx BTC/USDT	Sell		86452	86322 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062987	13677000 JPY
Binance BTC/JPY	Buy		13461000	1.015 BTC
			Profit	1.5%

+1.5% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Binance BTC/USDT	Sell	M	86455	86368 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062987	13685000 JPY
Kraken BTC/JPY	Buy		13450000	1.0148 BTC
			Profit	1.5%

+1.5% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Kucoin BTC/USDT	Sell	M	86455	86368 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062987	13685000 JPY
Kraken BTC/JPY	Buy		13450000	1.0148 BTC
			Profit	1.5%

+1.5% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Huobi BTC/USDT	Sell	M	86461	86288 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062987	13672000 JPY
Binance BTC/JPY	Buy		13461000	1.0146 BTC
			Profit	1.5%

+1.4% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Bitfinex BTC/USDT	Sell	M	86444	86271 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062987	13669000 JPY
Binance BTC/JPY	Buy		13461000	1.0144 BTC
			Profit	1.4%

+1.4% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Gate BTC/USDT	Sell		86443	86270 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062987	13669000 JPY
Binance BTC/JPY	Buy		13461000	1.0144 BTC
			Profit	1.4%

+1.4% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Coinbase BTC/USDT	Sell		86423	86336 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062987	13680000 JPY
Kraken BTC/JPY	Buy		13450000	1.0144 BTC
			Profit	1.4%

+1.4% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Okx BTC/USDT	Sell		86452	86322 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062987	13677000 JPY
Kraken BTC/JPY	Buy		13450000	1.0142 BTC
			Profit	1.4%

+1.4% BTC-USDT-JPY-BTC

		M	Price	1 BTC
Poloniex BTC/USDT	Sell	M	86383	86250 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0062987	13666000 JPY
Binance BTC/JPY	Buy		13461000	1.0142 BTC
			Profit	1.4%