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 .....
Price gap across exchanges is happening only due to these types of problems like wallet is not syncing or wallet under maintenance or deposit/withdraw is temporarily disabled. I believe price gap will not occur between exchanges when there will be enough liquidity on both the exchanges.
There is one simple trick to find and make use of arbitrage trading : You must choose 2 different types of exchanges. One must be highly famous one with massive volume and another one must be little known exchange (yet it should be reputed one) then there will be a change to spot of price gaps. Do not look into charts for figuring out the price levels/gaps but look into order book and volumes to make use that you will be getting enough volume for your hassles of moving funds back and forth.