Kraken:ETH/JPY-Bitfinex:JPY/USDT-Poloniex:USDT/ETH

-20.6% ETH-JPY-USDT-ETH

		M	Price	1 ETH
Not liquid Kraken ETH/JPY	Sell		467080	465860 JPY
lag 2 min Bitfinex JPY/USDT	Sell		0.005121	2380.9 USDT
Poloniex ETH/USDT	Buy	M	2992.7	0.79433 ETH
			Profit	-20.6%

+17.7% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Poloniex ETH/USDT	Sell	M	2992.5	2987.9 USDT
lag 2 min Bitfinex JPY/USDT	Buy		0.005399	552310 JPY
Not liquid Kraken ETH/JPY	Buy		467840	1.1775 ETH
			Profit	17.7%

Similar routes

-0.4% ETH-JPY-USDT-ETH

		M	Price	1 ETH
Binance ETH/JPY	Sell		468490	468020 JPY
Not liquid Kraken USDT/JPY	Buy		156.54	2982 USDT
Coinbase ETH/USDT	Buy		2989.8	0.99639 ETH
			Profit	-0.4%

-0.4% ETH-JPY-USDT-ETH

		M	Price	1 ETH
Binance ETH/JPY	Sell		468490	468020 JPY
Not liquid Kraken USDT/JPY	Buy		156.54	2982 USDT
Binance ETH/USDT	Buy	M	2992	0.99565 ETH
			Profit	-0.4%

-0.4% ETH-JPY-USDT-ETH

		M	Price	1 ETH
Binance ETH/JPY	Sell		468490	468020 JPY
Not liquid Kraken USDT/JPY	Buy		156.54	2982 USDT
Kucoin ETH/USDT	Buy	M	2992.3	0.99555 ETH
			Profit	-0.4%

-0.5% ETH-JPY-USDT-ETH

		M	Price	1 ETH
Binance ETH/JPY	Sell		468490	468020 JPY
Not liquid Kraken USDT/JPY	Buy		156.54	2982 USDT
Okx ETH/USDT	Buy		2992.1	0.99512 ETH
			Profit	-0.5%

-0.5% ETH-JPY-USDT-ETH

		M	Price	1 ETH
Binance ETH/JPY	Sell		468490	468020 JPY
Not liquid Kraken USDT/JPY	Buy		156.54	2982 USDT
Poloniex ETH/USDT	Buy	M	2992.7	0.99486 ETH
			Profit	-0.5%

-0.5% ETH-JPY-USDT-ETH

		M	Price	1 ETH
Binance ETH/JPY	Sell		468490	468020 JPY
Not liquid Kraken USDT/JPY	Buy		156.54	2982 USDT
lag 2 min Bitfinex ETH/USDT	Buy	M	2991.6	0.99479 ETH
			Profit	-0.5%

-0.5% ETH-JPY-USDT-ETH

		M	Price	1 ETH
Binance ETH/JPY	Sell		468490	468020 JPY
Not liquid Kraken USDT/JPY	Buy		156.54	2982 USDT
Gate ETH/USDT	Buy		2992.2	0.99458 ETH
			Profit	-0.5%

-0.5% ETH-JPY-USDT-ETH

		M	Price	1 ETH
Binance ETH/JPY	Sell		468490	468020 JPY
Not liquid Kraken USDT/JPY	Buy		156.54	2982 USDT
Huobi ETH/USDT	Buy	M	2992.3	0.99454 ETH
			Profit	-0.5%

-0.6% ETH-JPY-USDT-ETH

		M	Price	1 ETH
Binance ETH/JPY	Sell		468490	468020 JPY
Not liquid Kraken USDT/JPY	Buy		156.54	2982 USDT
Kraken ETH/USDT	Buy		2992.3	0.99394 ETH
			Profit	-0.6%

-0.7% ETH-JPY-USDT-ETH

		M	Price	1 ETH
Binance ETH/JPY	Sell		468490	468020 JPY
Not liquid Kraken USDT/JPY	Buy		156.54	2982 USDT
Not liquid Cex ETH/USDT	Buy		2994.2	0.99343 ETH
			Profit	-0.7%

-0.8% ETH-JPY-USDT-ETH

		M	Price	1 ETH
Binance ETH/JPY	Sell		468490	468020 JPY
Not liquid Kraken USDT/JPY	Buy		156.54	2982 USDT
Exmo ETH/USDT	Buy		2993.1	0.99231 ETH
			Profit	-0.8%

-0.8% ETH-JPY-USDT-ETH

		M	Price	1 ETH
Not liquid Kraken ETH/JPY	Sell		467080	465860 JPY
Not liquid Kraken USDT/JPY	Buy		156.54	2968.2 USDT
Coinbase ETH/USDT	Buy		2989.8	0.99179 ETH
			Profit	-0.8%