Kraken:ETH/PAXG-Binance:PAXG/USDC-Poloniex:USDC/ETH

-4.6% ETH-PAXG-USDC-ETH

		M	Price	1 ETH
Kraken PAXG/ETH	Buy		1.9123	0.52156 PAXG
Binance PAXG/USDC	Sell	M	4534	2362.4 USDC
Not liquid Poloniex ETH/USDC	Buy		2471.9	0.95422 ETH
			Profit	-4.6%

-5.7% ETH-USDC-PAXG-ETH

		M	Price	1 ETH
Not liquid Poloniex ETH/USDC	Sell		2256.4	2252.9 USDC
Binance PAXG/USDC	Buy	M	4534	0.49639 PAXG
Kraken PAXG/ETH	Sell		1.9052	0.94327 ETH
			Profit	-5.7%

Similar routes

-0.7% ETH-PAXG-USDC-ETH

		M	Price	1 ETH
Kraken PAXG/ETH	Buy		1.9123	0.52156 PAXG
Binance PAXG/USDC	Sell	M	4534	2362.4 USDC
Kucoin ETH/USDC	Buy	M	2376.9	0.99289 ETH
			Profit	-0.7%

-0.7% ETH-PAXG-USDC-ETH

		M	Price	1 ETH
Kraken PAXG/ETH	Buy		1.9123	0.52156 PAXG
Binance PAXG/USDC	Sell	M	4534	2362.4 USDC
Binance ETH/USDC	Buy	M	2377.1	0.99282 ETH
			Profit	-0.7%

-0.8% ETH-PAXG-USDC-ETH

		M	Price	1 ETH
Kraken PAXG/ETH	Buy		1.9123	0.52156 PAXG
Binance PAXG/USDC	Sell	M	4534	2362.4 USDC
Okx ETH/USDC	Buy		2376.8	0.99243 ETH
			Profit	-0.8%

-0.8% ETH-PAXG-USDC-ETH

		M	Price	1 ETH
Kraken PAXG/ETH	Buy		1.9123	0.52156 PAXG
Binance PAXG/USDC	Sell	M	4534	2362.4 USDC
Gate ETH/USDC	Buy		2376.9	0.99191 ETH
			Profit	-0.8%

-0.8% ETH-PAXG-USDC-ETH

		M	Price	1 ETH
Kraken PAXG/ETH	Buy		1.9123	0.52156 PAXG
Binance PAXG/USDC	Sell	M	4534	2362.4 USDC
Huobi ETH/USDC	Buy		2377.2	0.99178 ETH
			Profit	-0.8%

-0.9% ETH-PAXG-USDC-ETH

		M	Price	1 ETH
Kraken PAXG/ETH	Buy		1.9123	0.52156 PAXG
Binance PAXG/USDC	Sell	M	4534	2362.4 USDC
Kraken ETH/USDC	Buy		2376.6	0.99143 ETH
			Profit	-0.9%

-1.0% ETH-PAXG-USDC-ETH

		M	Price	1 ETH
Kraken PAXG/ETH	Buy		1.9123	0.52156 PAXG
Binance PAXG/USDC	Sell	M	4534	2362.4 USDC
Exmo ETH/USDC	Buy		2377	0.98986 ETH
			Profit	-1.0%

-1.1% ETH-PAXG-USDC-ETH

		M	Price	1 ETH
Kraken PAXG/ETH	Buy		1.9123	0.52156 PAXG
Binance PAXG/USDC	Sell	M	4534	2362.4 USDC
Bitstamp ETH/USDC	Buy		2377.4	0.98871 ETH
			Profit	-1.1%