Profitable, maybe yes. But wih bots, and maybe other people who see the opportunity, it will be hard to do it. And from what i see on some trading group, a person sell tools like to see price between exchanges so people can see which exchange and coin that can be good to do arbitrage. Maybe in past, a coin have a lot of chance to be arbitraged when listed in new bigger exchange.

Six figures I mean 100 000 for minimum, not even close to optimal. As people said before, for once, you need to be comfortably playing on margin and this requires way bigger account than people think , fees are high compared to your returns and you need proper infrastructure for this. Both software and hardware which you need to keep improving longterm.

When there is so much movements involved in the market itself, people don't really see the point of arbitrage, I mean at least people like me. Look at bitcoin at its price, when you try to move money from one place to another the transaction costs and speed alone is high and by the time you reach there the price of bitcoin already moved to a new place anyway. So, why would anyone try to arbitrage when they could just keep their money in purely btc-stablecoin and move it between them to make a profit.

If you turned your money into stablecoin 72 hours ago and now come back to bitcoin you would be holding a lot more bitcoin, wouldn't change much for fiat but at least when the price goes up next time you would be making more profits so you would be ready for it.

You need a supreme hardware and software capabilities which you probably don't have if you are asking this question. Arbitrage is pretty competitive area at this point and i wouldn't encourage anyone with a capital less than 6 figures to bother.

If you want to be a trader, avoid to used any platform. But, start learn to trade by your self with your own research and create your own strategi. if you are newbie, you can start to learn about trading phsycology, learn to make a profit from bear market. Following strategy from other it can be a big mistake, because no strategy on internet 100% true.

Indeed, who do not using a bot must compete with other bot traders, so it's not profitable. And there's no free bot that profitable, it costs money to buy the best bot.
Also arbitrage nowadays need extra cost for the fees that it's vary for every exchange.

Yes, its still profitable but the question is on how you do spot out these kind of rare chances? Arbitrage opportunity doesnt happen always and once you do able to
compare from exchanges to exchanges, one thing that you should consider always is on how fast you would able to execute such trade and as we all know that time is
crucial on here and also try to calculate on fees so that you will find out if you would able to make profits or not and also to the site you are asking, im not aware if it
does exist but for arbitrage explanation then doing a simple google search would already help you out.

It pains me to watch new traders jump in head first without first learning what to do.

Some are smart enough to go at it with just a tiny amount of money at first...
...but most don't.

Only a tiny portion of new traders actually put in the effort to learn the ropes before they start.

Maybe the thought of having to do all that research themselves is overwhelming, and they’re not interested in investing in their education either.
Whatever it is, they're setting themselves up for failure.

It doesn't matter if you're a natural, if you don't learn about what you're doing, success is a gamble with terrible odds.

My cat is a perfect example of that. Cats are purpose built to be the ultimate killing machines, but my cat has no idea how to hunt.
She tried to chase after a spider this morning, but spent more time dancing around it than actually swiping at it. Plus, she constantly lost track of the thing and would start to wander off.

She's not the smartest cat on the block by any means, but the reason she's a terrible hunter is because she never learned how to do it properly.
If I didn't feed her every day, she'd be toast.

If a cat whose nature it is to hunt can’t do so without being taught, what chance do traders have without solid education?

Statistically, 96% of traders lose money or give up. How many of those never took it seriously enough to truly learn?
The only way to beat those kinds of odds are to give yourself every advantage possible.

That includes taking the time to study and learn.

If you've made it this far, and you haven't been taking trading seriously, remember the old saying, “Time is money, and money buys time.”
Are you maximizing your time?