Kraken:EUR/MERL-Okx:MERL/USDC-Exmo:USDC/EUR

-2.0% EUR-MERL-USDC-EUR

		M	Price	1 EUR
Not liquid Kraken MERL/EUR	Buy		0.10761	9.2687 MERL
Okx MERL/USDC	Sell		0.12488	1.1557 USDC
Exmo USDC/EUR	Sell		0.85156	0.98024 EUR
			Profit	-2.0%

-3.1% EUR-USDC-MERL-EUR

		M	Price	1 EUR
Exmo USDC/EUR	Buy		0.85818	1.1606 USDC
Okx MERL/USDC	Buy		0.12527	9.2508 MERL
Not liquid Kraken MERL/EUR	Sell		0.10502	0.969 EUR
			Profit	-3.1%

Similar routes

-1.3% EUR-MERL-USDC-EUR

		M	Price	1 EUR
Not liquid Kraken MERL/EUR	Buy		0.10761	9.2687 MERL
Okx MERL/USDC	Sell		0.12488	1.1557 USDC
Cex USDC/EUR	Sell		0.8564	0.9873 EUR
			Profit	-1.3%

-1.3% EUR-MERL-USDC-EUR

		M	Price	1 EUR
Not liquid Kraken MERL/EUR	Buy		0.10761	9.2687 MERL
Okx MERL/USDC	Sell		0.12488	1.1557 USDC
Kucoin USDC/EUR	Sell		0.8551	0.98728 EUR
			Profit	-1.3%

-1.3% EUR-MERL-USDC-EUR

		M	Price	1 EUR
Not liquid Kraken MERL/EUR	Buy		0.10761	9.2687 MERL
Okx MERL/USDC	Sell		0.12488	1.1557 USDC
Coinbase USDC/EUR	Sell		0.8549	0.98705 EUR
			Profit	-1.3%

-1.3% EUR-MERL-USDC-EUR

		M	Price	1 EUR
Not liquid Kraken MERL/EUR	Buy		0.10761	9.2687 MERL
Okx MERL/USDC	Sell		0.12488	1.1557 USDC
Binance EUR/USDC	Buy		1.1698	0.98699 EUR
			Profit	-1.3%

-1.3% EUR-MERL-USDC-EUR

		M	Price	1 EUR
Not liquid Kraken MERL/EUR	Buy		0.10761	9.2687 MERL
Okx MERL/USDC	Sell		0.12488	1.1557 USDC
Okx USDC/EUR	Sell		0.855	0.98667 EUR
			Profit	-1.3%

-1.5% EUR-MERL-USDC-EUR

		M	Price	1 EUR
Not liquid Kraken MERL/EUR	Buy		0.10761	9.2687 MERL
Okx MERL/USDC	Sell		0.12488	1.1557 USDC
Kraken USDC/EUR	Sell		0.8548	0.98535 EUR
			Profit	-1.5%

-1.7% EUR-MERL-USDC-EUR

		M	Price	1 EUR
Not liquid Kraken MERL/EUR	Buy		0.10761	9.2687 MERL
Okx MERL/USDC	Sell		0.12488	1.1557 USDC
Bitstamp USDC/EUR	Sell		0.85471	0.98288 EUR
			Profit	-1.7%