Post
Topic
Board Trading Discussion
Re: MtGox <-> Btc-e arbitrage ~3% profit
by
Furyan
on 10/04/2013, 14:42:20 UTC
At the moment the price spread between the BTC-e ask ($243) and the MTGox bid ($246) is just 1.2%, making arbitrage non-profitable.

At 4am last night, you would have saved $15 per coin.. it varies by time of day.  The margin needs to be at least 7% to be profitable and that's just to cover the fees to move money and coins between the two..