Kraken:USD/USDQ-Kraken:USDQ/USDC-Bitstamp:USDC/USD

-4.1% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Kraken USDQ/USD	Buy		0.9973	1.0001 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9663	0.96388 USDC
Bitstamp USDC/USD	Sell		0.99979	0.95886 USD
			Profit	-4.1%

-1.7% USD-USDC-USDQ-USD

		M	Price	1 USD
Bitstamp USDC/USD	Buy		0.99983	0.99517 USDC
Not liquid Kraken USDQ/USDC	Buy		1.0012	0.99139 USDQ
Not liquid Kraken USDQ/USD	Sell		0.9941	0.98298 USD
			Profit	-1.7%

Similar routes

-3.7% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Kraken USDQ/USD	Buy		0.9973	1.0001 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9663	0.96388 USDC
Binance USDC/USD	Sell		0.99959	0.96253 USD
			Profit	-3.7%

-3.8% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Kraken USDQ/USD	Buy		0.9973	1.0001 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9663	0.96388 USDC
Bitfinex USDC/USD	Sell		1.0005	0.96244 USD
			Profit	-3.8%

-3.9% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Kraken USDQ/USD	Buy		0.9973	1.0001 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9663	0.96388 USDC
Kraken USDC/USD	Sell		0.9997	0.96109 USD
			Profit	-3.9%

-4.0% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Bitfinex USDQ/USD	Buy		1.0005	0.9975 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9663	0.96138 USDC
Binance USDC/USD	Sell		0.99959	0.96002 USD
			Profit	-4.0%

-4.0% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Bitfinex USDQ/USD	Buy		1.0005	0.9975 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9663	0.96138 USDC
Bitfinex USDC/USD	Sell		1.0005	0.95994 USD
			Profit	-4.0%

-4.1% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Kraken USDQ/USD	Buy		0.9973	1.0001 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9663	0.96388 USDC
Not liquid Exmo USDC/USD	Sell		0.9989	0.95897 USD
			Profit	-4.1%

-4.1% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Bitfinex USDQ/USD	Buy		1.0005	0.9975 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9663	0.96138 USDC
Kraken USDC/USD	Sell		0.9997	0.95859 USD
			Profit	-4.1%

-4.4% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Bitfinex USDQ/USD	Buy		1.0005	0.9975 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9663	0.96138 USDC
Not liquid Exmo USDC/USD	Sell		0.9989	0.95648 USD
			Profit	-4.4%

-4.4% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Bitfinex USDQ/USD	Buy		1.0005	0.9975 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9663	0.96138 USDC
Bitstamp USDC/USD	Sell		0.99979	0.95637 USD
			Profit	-4.4%

-100.0% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Bitfinex USDQ/USD	Buy		1.0005	0.9975 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9663	0.96138 USDC
Not liquid Cex USDC/USD	Sell		0	0 USD
			Profit	-100.0%

-100.0% USD-USDQ-USDC-USD

		M	Price	1 USD
Not liquid Kraken USDQ/USD	Buy		0.9973	1.0001 USDQ
Not liquid Kraken USDQ/USDC	Sell		0.9663	0.96388 USDC
Not liquid Cex USDC/USD	Sell		0	0 USD
			Profit	-100.0%