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

+5.7% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Kraken ETH/USDT	Sell		2303.4	2297.4 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	388620 JPY
Not liquid Binance ETH/JPY	Buy		367260	1.0571 ETH
			Profit	5.7%

-20.7% ETH-JPY-USDT-ETH

		M	Price	1 ETH
Not liquid Binance ETH/JPY	Sell		367260	366890 JPY
Not liquid Bitfinex JPY/USDT	Sell		0.005	1830.8 USDT
Kraken ETH/USDT	Buy		2303.4	0.79275 ETH
			Profit	-20.7%

Similar routes

+6.2% ETH-USDT-JPY-ETH

		M	Price	1 ETH
lag 1 min Bitfinex ETH/USDT	Sell	M	2312.1	2307.5 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	390320 JPY
Not liquid Binance ETH/JPY	Buy		367260	1.0617 ETH
			Profit	6.2%

+5.9% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Gate ETH/USDT	Sell		2305.9	2301.3 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	389260 JPY
Not liquid Binance ETH/JPY	Buy		367260	1.0589 ETH
			Profit	5.9%

+5.9% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Binance ETH/USDT	Sell	M	2303.3	2301 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	389210 JPY
Not liquid Binance ETH/JPY	Buy		367260	1.0587 ETH
			Profit	5.9%

+5.9% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Kucoin ETH/USDT	Sell	M	2303.2	2300.9 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	389210 JPY
Not liquid Binance ETH/JPY	Buy		367260	1.0587 ETH
			Profit	5.9%

+5.8% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Okx ETH/USDT	Sell		2303.2	2299.8 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	389010 JPY
Not liquid Binance ETH/JPY	Buy		367260	1.0582 ETH
			Profit	5.8%

+5.8% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Not liquid Cex ETH/USDT	Sell		2305.5	2299.7 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	389010 JPY
Not liquid Binance ETH/JPY	Buy		367260	1.0582 ETH
			Profit	5.8%

+5.8% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Poloniex ETH/USDT	Sell	M	2303	2299.5 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	388960 JPY
Not liquid Binance ETH/JPY	Buy		367260	1.058 ETH
			Profit	5.8%

+5.8% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Huobi ETH/USDT	Sell	M	2303.3	2298.7 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	388830 JPY
Not liquid Binance ETH/JPY	Buy		367260	1.0577 ETH
			Profit	5.8%

+5.7% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Coinbase ETH/USDT	Sell		2299.1	2296.8 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	388510 JPY
Not liquid Binance ETH/JPY	Buy		367260	1.0568 ETH
			Profit	5.7%

+5.6% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Exmo ETH/USDT	Sell		2304	2294.8 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	388170 JPY
Not liquid Binance ETH/JPY	Buy		367260	1.0559 ETH
			Profit	5.6%

+5.5% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Latoken ETH/USDT	Sell		2303.3	2292 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	387700 JPY
Not liquid Binance ETH/JPY	Buy		367260	1.0546 ETH
			Profit	5.5%

+5.4% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Bitstamp ETH/USDT	Sell		2301.3	2289.8 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0059	387320 JPY
Not liquid Binance ETH/JPY	Buy		367260	1.0536 ETH
			Profit	5.4%