Kraken:JPY/USD-Cex:USD/USDT-Bitfinex:USDT/JPY

-14.3% JPY-USD-USDT-JPY

		M	Price	1 JPY
Kraken USD/JPY	Buy		148.72	0.0067064 USD
Not liquid Cex USDT/USD	Buy		0.9997	0.0066917 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.00779	0.85729 JPY
			Profit	-14.3%

+3.0% JPY-USDT-USD-JPY

		M	Price	1 JPY
Not liquid Bitfinex JPY/USDT	Sell		0.007	0.006986 USDT
Not liquid Cex USDT/USD	Sell		0.9995	0.0069651 USD
Kraken USD/JPY	Sell		148.3	1.0302 JPY
			Profit	3.0%

Similar routes

-1.0% JPY-USD-USDT-JPY

		M	Price	1 JPY
Kraken USD/JPY	Buy		148.72	0.0067064 USD
Coinbase USDT/USD	Buy		0.9995	0.0067031 USDT
Not liquid Kraken USDT/JPY	Sell		148.02	0.98962 JPY
			Profit	-1.0%

-1.1% JPY-USD-USDT-JPY

		M	Price	1 JPY
Kraken USD/JPY	Buy		148.72	0.0067064 USD
Okx USDT/USD	Buy		0.9996	0.006699 USDT
Not liquid Kraken USDT/JPY	Sell		148.02	0.98903 JPY
			Profit	-1.1%

-1.1% JPY-USD-USDT-JPY

		M	Price	1 JPY
Kraken USD/JPY	Buy		148.72	0.0067064 USD
lag 2 min Bitfinex USDT/USD	Buy	M	0.9994	0.006697 USDT
Not liquid Kraken USDT/JPY	Sell		148.02	0.98873 JPY
			Profit	-1.1%

-1.2% JPY-USD-USDT-JPY

		M	Price	1 JPY
Kraken USD/JPY	Buy		148.72	0.0067064 USD
Kraken USDT/USD	Buy		0.99952	0.0066922 USDT
Not liquid Kraken USDT/JPY	Sell		148.02	0.98802 JPY
			Profit	-1.2%

-1.2% JPY-USD-USDT-JPY

		M	Price	1 JPY
Kraken USD/JPY	Buy		148.72	0.0067064 USD
Not liquid Cex USDT/USD	Buy		0.9997	0.0066917 USDT
Not liquid Kraken USDT/JPY	Sell		148.02	0.98794 JPY
			Profit	-1.2%

-1.4% JPY-USD-USDT-JPY

		M	Price	1 JPY
Kraken USD/JPY	Buy		148.72	0.0067064 USD
Bitstamp USDT/USD	Buy		0.99958	0.0066757 USDT
Not liquid Kraken USDT/JPY	Sell		148.02	0.98558 JPY
			Profit	-1.4%

-4.2% JPY-USD-USDT-JPY

		M	Price	1 JPY
Kraken USD/JPY	Buy		148.72	0.0067064 USD
Exmo USDT/USD	Buy		1.0293	0.0064898 USDT
Not liquid Kraken USDT/JPY	Sell		148.02	0.95813 JPY
			Profit	-4.2%

-14.1% JPY-USD-USDT-JPY

		M	Price	1 JPY
Kraken USD/JPY	Buy		148.72	0.0067064 USD
Coinbase USDT/USD	Buy		0.9995	0.0067031 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.00779	0.85875 JPY
			Profit	-14.1%

-14.2% JPY-USD-USDT-JPY

		M	Price	1 JPY
Kraken USD/JPY	Buy		148.72	0.0067064 USD
Okx USDT/USD	Buy		0.9996	0.006699 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.00779	0.85823 JPY
			Profit	-14.2%

-14.2% JPY-USD-USDT-JPY

		M	Price	1 JPY
Kraken USD/JPY	Buy		148.72	0.0067064 USD
lag 2 min Bitfinex USDT/USD	Buy	M	0.9994	0.006697 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.00779	0.85798 JPY
			Profit	-14.2%

-14.3% JPY-USD-USDT-JPY

		M	Price	1 JPY
Kraken USD/JPY	Buy		148.72	0.0067064 USD
Kraken USDT/USD	Buy		0.99952	0.0066922 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.00779	0.85736 JPY
			Profit	-14.3%

-14.5% JPY-USD-USDT-JPY

		M	Price	1 JPY
Kraken USD/JPY	Buy		148.72	0.0067064 USD
Bitstamp USDT/USD	Buy		0.99958	0.0066757 USDT
Not liquid Bitfinex JPY/USDT	Buy		0.00779	0.85524 JPY
			Profit	-14.5%