Kraken:ETH/JPY-Binance:JPY/IOTX-Kucoin:IOTX/ETH

-5.4% ETH-JPY-IOTX-ETH

		M	Price	1 ETH
Not liquid Kraken ETH/JPY	Sell		258720	258050 JPY
Not liquid Binance IOTX/JPY	Buy		0.478	539320 IOTX
Not liquid Kucoin IOTX/ETH	Sell		0.000001756	0.9461 ETH
			Profit	-5.4%

Similar routes

-1.3% ETH-JPY-IOTX-ETH

		M	Price	1 ETH
Not liquid Binance ETH/JPY	Sell		269410	269140 JPY
Not liquid Binance IOTX/JPY	Buy		0.478	562490 IOTX
Not liquid Kucoin IOTX/ETH	Sell		0.000001756	0.98675 ETH
			Profit	-1.3%