Bitcoin Forum

Looking for information and tips on crypto exchange arbitrage .. Is there a site or software that compares different exchanges order books?

This man needs answer. Anyone?

It can't be done in current environment.

It used to be profitable because no one was doing it. Not anymore.

Yeah, I'm sure its too common now to be profitable.

Bitcoinity? Not sure they do order books though
As people have said, the arb has likely been traded away by trader bots and HF traders

IT's hard to get profit from arbitrage advice
I think you should use tradinf bot, it will give you more profit than arbitrage bot.

And you need to prepare a lot of things to get started.
If you only have small money/bitcoin to start, your profit will be extremely low / don't get any profit because some other cost.

Altcoin trading / arbitrage is much more profitable, even the risk is higher  :)

So, which bot is profitable where I can enjoy the sun and let the bot do the work?

If someone knew, they wouldn't give out the information because it would shortly stop being profitable. :P

no ppl are willing to give out their profitable trading advice. You have to find out by yourself.

There is no such thing as free money, and this is what you are asking for.

The overall opportunities for arbitrage have generally fallen because bitcoin markets have gotten more efficient, and the difference of prices between exchanges has generally fallen to below the trading costs at exchanges

You can do arbitrage on https://orderbook.net, formerly https://ICBIT.se

Here is a guide:
ICBIT.SE for Dummies (http://www.bitsurant.com/ICBIT%20Futures%20for%20Dummies.pdf)

I do not think there is. One has to monitor the exchange sites individually to see when it's best to do arbitrage trading but one has to be trading with at least 1 btc to make some profit (if any) above all the fees.

It's not really profitable because most exchanges need 6 confirmations, which take an hour, by which time the price has moved. If transferring coins and getting them confirmed within a minute were possible, no doubt there'd be more arb stuff including software, and other arb services.