Kraken:EUR/USDT-Huobi:USDT/RAY-Bitstamp:RAY/EUR

-1.3% EUR-USDT-RAY-EUR

		M	Price	1 EUR
Kraken USDT/EUR	Buy		0.8601	1.1596 USDT
Huobi RAY/USDT	Buy		1.1786	0.98194 RAY
Not liquid Bitstamp RAY/EUR	Sell		1.0106	0.98743 EUR
			Profit	-1.3%

Similar routes

-0.6% EUR-USDT-RAY-EUR

		M	Price	1 EUR
Coinbase USDT/EUR	Buy		0.86008	1.1615 USDT
Binance RAY/USDT	Buy	M	1.179	0.98419 RAY
Kraken RAY/EUR	Sell		1.013	0.99439 EUR
			Profit	-0.6%

-0.6% EUR-USDT-RAY-EUR

		M	Price	1 EUR
Binance EUR/USDT	Sell		1.1626	1.1614 USDT
Binance RAY/USDT	Buy	M	1.179	0.98412 RAY
Kraken RAY/EUR	Sell		1.013	0.99432 EUR
			Profit	-0.6%

-0.6% EUR-USDT-RAY-EUR

		M	Price	1 EUR
Coinbase USDT/EUR	Buy		0.86008	1.1615 USDT
Kucoin RAY/USDT	Buy		1.1794	0.98385 RAY
Kraken RAY/EUR	Sell		1.013	0.99405 EUR
			Profit	-0.6%

-0.6% EUR-USDT-RAY-EUR

		M	Price	1 EUR
Binance EUR/USDT	Sell		1.1626	1.1614 USDT
Kucoin RAY/USDT	Buy		1.1794	0.98378 RAY
Kraken RAY/EUR	Sell		1.013	0.99398 EUR
			Profit	-0.6%

-0.6% EUR-USDT-RAY-EUR

		M	Price	1 EUR
Coinbase USDT/EUR	Buy		0.86008	1.1615 USDT
Okx RAY/USDT	Buy		1.179	0.9837 RAY
Kraken RAY/EUR	Sell		1.013	0.99389 EUR
			Profit	-0.6%

-0.6% EUR-USDT-RAY-EUR

		M	Price	1 EUR
Binance EUR/USDT	Sell		1.1626	1.1614 USDT
Okx RAY/USDT	Buy		1.179	0.98363 RAY
Kraken RAY/EUR	Sell		1.013	0.99382 EUR
			Profit	-0.6%

-0.6% EUR-USDT-RAY-EUR

		M	Price	1 EUR
Okx USDT/EUR	Buy		0.8602	1.1608 USDT
Binance RAY/USDT	Buy	M	1.179	0.98356 RAY
Kraken RAY/EUR	Sell		1.013	0.99375 EUR
			Profit	-0.6%

-0.6% EUR-USDT-RAY-EUR

		M	Price	1 EUR
Coinbase USDT/EUR	Buy		0.86008	1.1615 USDT
Huobi RAY/USDT	Buy		1.1786	0.98354 RAY
Kraken RAY/EUR	Sell		1.013	0.99373 EUR
			Profit	-0.6%

-0.6% EUR-USDT-RAY-EUR

		M	Price	1 EUR
Binance EUR/USDT	Sell		1.1626	1.1614 USDT
Huobi RAY/USDT	Buy		1.1786	0.98347 RAY
Kraken RAY/EUR	Sell		1.013	0.99366 EUR
			Profit	-0.6%

-0.6% EUR-USDT-RAY-EUR

		M	Price	1 EUR
Coinbase USDT/EUR	Buy		0.86008	1.1615 USDT
Binance RAY/USDT	Buy	M	1.179	0.98419 RAY
Okx RAY/EUR	Sell		1.0111	0.99362 EUR
			Profit	-0.6%

-0.6% EUR-USDT-RAY-EUR

		M	Price	1 EUR
Binance EUR/USDT	Sell		1.1626	1.1614 USDT
Binance RAY/USDT	Buy	M	1.179	0.98412 RAY
Okx RAY/EUR	Sell		1.0111	0.99355 EUR
			Profit	-0.6%

-0.7% EUR-USDT-RAY-EUR

		M	Price	1 EUR
Okx USDT/EUR	Buy		0.8602	1.1608 USDT
Kucoin RAY/USDT	Buy		1.1794	0.98323 RAY
Kraken RAY/EUR	Sell		1.013	0.99342 EUR
			Profit	-0.7%