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

+6.1% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Kraken ETH/USDT	Sell		2317.3	2311.3 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	397700 JPY
Not liquid Kraken ETH/JPY	Buy		373920	1.0608 ETH
			Profit	6.1%

-23.0% ETH-JPY-USDT-ETH

		M	Price	1 ETH
Not liquid Kraken ETH/JPY	Sell		359540	358600 JPY
Not liquid Bitfinex JPY/USDT	Sell		0.005	1789.4 USDT
Kraken ETH/USDT	Buy		2317.6	0.77009 ETH
			Profit	-23.0%

Similar routes

+7.5% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Coinbase ETH/USDT	Sell		2317.7	2315.4 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	398400 JPY
Not liquid Binance ETH/JPY	Buy		370080	1.0754 ETH
			Profit	7.5%

+7.5% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Binance ETH/USDT	Sell	M	2317.4	2315.1 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	398360 JPY
Not liquid Binance ETH/JPY	Buy		370080	1.0753 ETH
			Profit	7.5%

+7.5% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Kucoin ETH/USDT	Sell	M	2317.4	2315.1 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	398350 JPY
Not liquid Binance ETH/JPY	Buy		370080	1.0753 ETH
			Profit	7.5%

+7.5% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Poloniex ETH/USDT	Sell	M	2317.4	2313.8 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	398140 JPY
Not liquid Binance ETH/JPY	Buy		370080	1.0747 ETH
			Profit	7.5%

+7.5% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Okx ETH/USDT	Sell		2317.1	2313.6 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	398100 JPY
Not liquid Binance ETH/JPY	Buy		370080	1.0746 ETH
			Profit	7.5%

+7.4% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Not liquid Cex ETH/USDT	Sell		2319	2313.2 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	398030 JPY
Not liquid Binance ETH/JPY	Buy		370080	1.0744 ETH
			Profit	7.4%

+7.4% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Huobi ETH/USDT	Sell	M	2317.6	2312.9 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	397980 JPY
Not liquid Binance ETH/JPY	Buy		370080	1.0743 ETH
			Profit	7.4%

+7.4% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Gate ETH/USDT	Sell		2317.5	2312.9 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	397980 JPY
Not liquid Binance ETH/JPY	Buy		370080	1.0743 ETH
			Profit	7.4%

+7.4% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Bitfinex ETH/USDT	Sell	M	2317	2312.4 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	397890 JPY
Not liquid Binance ETH/JPY	Buy		370080	1.0741 ETH
			Profit	7.4%

+7.4% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Kraken ETH/USDT	Sell		2317.3	2311.3 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	397700 JPY
Not liquid Binance ETH/JPY	Buy		370080	1.0736 ETH
			Profit	7.4%

+7.1% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Latoken ETH/USDT	Sell		2317.4	2306.1 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	396800 JPY
Not liquid Binance ETH/JPY	Buy		370080	1.0711 ETH
			Profit	7.1%

+7.1% ETH-USDT-JPY-ETH

		M	Price	1 ETH
Exmo ETH/USDT	Sell		2314.3	2305 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.0058	396620 JPY
Not liquid Binance ETH/JPY	Buy		370080	1.0707 ETH
			Profit	7.1%