So I decided last week and have found it to be a case "works on Paper"
I noticed an exchange with a BCH/USDT 50% higher than coinbase's price for BCH so eyes watering bought some as a test. It was just 50 to see if it worked. It did not. The problem was the other exchanges BCH wallet was down so i couldn't deposit it in.
Not to be discouraged I have been looking at other arbitrage sites and opportunities and always have the same issue. Basically the wallet of the currency I want to trade in is down This was for EOS BAT and even LTC.
Is arbitrage possible or is it a case of if it seems too good to be true .....
That is the same problems I do find with arbitrage trading. I went into it in November last year using a software that scan arbitrage opportunities for me across all the exchange and I was happy from beginning especially the first time it scan the first opportunity. But I find out that the coins was downed in the exchange that I wanted to trade it. I thought that that is abnormal until later I find out that this is what happens. I placed several trade and i could not find anything much different from my investments and I have to stop arbitrage trading.