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

-2.7% JPY-USD-USDT-JPY

		M	Price	1 JPY
Not liquid Kraken USD/JPY	Buy		157.46	0.0063342 USD
Coinbase USDT/USD	Buy		0.99862	0.0063366 USDT
lag 1 min Bitfinex JPY/USDT	Buy		0.0064999	0.97293 JPY
			Profit	-2.7%

-0.1% JPY-USDT-USD-JPY

		M	Price	1 JPY
lag 1 min Bitfinex JPY/USDT	Sell		0.0064072	0.0063944 USDT
Coinbase USDT/USD	Sell		0.99861	0.0063791 USD
Not liquid Kraken USD/JPY	Sell		157.06	0.99933 JPY
			Profit	-0.1%

Similar routes

-0.7% JPY-USD-USDT-JPY

		M	Price	1 JPY
Not liquid Kraken USD/JPY	Buy		157.46	0.0063342 USD
Coinbase USDT/USD	Buy		0.99862	0.0063366 USDT
Not liquid Kraken USDT/JPY	Sell		157.07	0.99272 JPY
			Profit	-0.7%

-0.8% JPY-USD-USDT-JPY

		M	Price	1 JPY
Not liquid Kraken USD/JPY	Buy		157.46	0.0063342 USD
Okx USDT/USD	Buy		0.9993	0.0063291 USDT
Not liquid Kraken USDT/JPY	Sell		157.07	0.99155 JPY
			Profit	-0.8%

-0.9% JPY-USD-USDT-JPY

		M	Price	1 JPY
Not liquid Kraken USD/JPY	Buy		157.46	0.0063342 USD
Kraken USDT/USD	Buy		0.99862	0.0063264 USDT
Not liquid Kraken USDT/JPY	Sell		157.07	0.99113 JPY
			Profit	-0.9%

-1.1% JPY-USD-USDT-JPY

		M	Price	1 JPY
Not liquid Kraken USD/JPY	Buy		157.46	0.0063342 USD
Not liquid Cex USDT/USD	Buy		1.0004	0.0063158 USDT
Not liquid Kraken USDT/JPY	Sell		157.07	0.98947 JPY
			Profit	-1.1%

-1.1% JPY-USD-USDT-JPY

		M	Price	1 JPY
Not liquid Kraken USD/JPY	Buy		157.46	0.0063342 USD
lag 1 min Bitfinex USDT/USD	Buy	M	1.0011	0.0063146 USDT
Not liquid Kraken USDT/JPY	Sell		157.07	0.98927 JPY
			Profit	-1.1%

-1.1% JPY-USD-USDT-JPY

		M	Price	1 JPY
Not liquid Kraken USD/JPY	Buy		157.46	0.0063342 USD
Bitstamp USDT/USD	Buy		0.99865	0.006311 USDT
Not liquid Kraken USDT/JPY	Sell		157.07	0.98872 JPY
			Profit	-1.1%

-2.0% JPY-USD-USDT-JPY

		M	Price	1 JPY
Not liquid Kraken USD/JPY	Buy		157.46	0.0063342 USD
Not liquid Exmo USDT/USD	Buy		1.009	0.0062526 USDT
Not liquid Kraken USDT/JPY	Sell		157.07	0.97956 JPY
			Profit	-2.0%

-2.8% JPY-USD-USDT-JPY

		M	Price	1 JPY
Not liquid Kraken USD/JPY	Buy		157.46	0.0063342 USD
Okx USDT/USD	Buy		0.9993	0.0063291 USDT
lag 1 min Bitfinex JPY/USDT	Buy		0.0064999	0.97178 JPY
			Profit	-2.8%

-2.9% JPY-USD-USDT-JPY

		M	Price	1 JPY
Not liquid Kraken USD/JPY	Buy		157.46	0.0063342 USD
Kraken USDT/USD	Buy		0.99862	0.0063264 USDT
lag 1 min Bitfinex JPY/USDT	Buy		0.0064999	0.97137 JPY
			Profit	-2.9%

-3.0% JPY-USD-USDT-JPY

		M	Price	1 JPY
Not liquid Kraken USD/JPY	Buy		157.46	0.0063342 USD
Not liquid Cex USDT/USD	Buy		1.0004	0.0063158 USDT
lag 1 min Bitfinex JPY/USDT	Buy		0.0064999	0.96974 JPY
			Profit	-3.0%

-3.0% JPY-USD-USDT-JPY

		M	Price	1 JPY
Not liquid Kraken USD/JPY	Buy		157.46	0.0063342 USD
lag 1 min Bitfinex USDT/USD	Buy	M	1.0011	0.0063146 USDT
lag 1 min Bitfinex JPY/USDT	Buy		0.0064999	0.96954 JPY
			Profit	-3.0%

-3.1% JPY-USD-USDT-JPY

		M	Price	1 JPY
Not liquid Kraken USD/JPY	Buy		157.46	0.0063342 USD
Bitstamp USDT/USD	Buy		0.99865	0.006311 USDT
lag 1 min Bitfinex JPY/USDT	Buy		0.0064999	0.969 JPY
			Profit	-3.1%