Is there a reason why the price on BTC-E is so much lower than the other exchanges? It's currently trading at $1018 while Bitstamp is $1054. The Chinese exchanges are even higher. Couldn't someone just buy on BTC-E and sell on Bitstamp? I'm assuming I'm missing something so if someone could explain this to me it would be much appreciated!
Arbitraging between btc-e and bitstamp/bitfinex could only be possible if you could get your money quickly in/out of your bank account, it would probably take 2-3 days to deposit/withdraw money into your bank account.(you should also take a look into fees) if the price drops by then you won't be able to take advantage of the price difference. 