This is very much possible to be done but for me I no longer thinks it worth the stress because at the end of the day one might end up making a loss considering the margin of the reputable exchange sites is not always much and it changes rapidly without any form of notification. Aside that the fees of transferring this coin from one exchange to the other might even erode the little profit and finally the wait period for it to confirm which might even render everything useless by the time it finally drops in the destination wallet, the price has dropped generally across board.