MtGox <-> Btc-e arbitrage ~3% profit

[dudel42]

i've done several mtgox->okpay withdrawals, and the time taken varies considerably. Sometimes it happens within an hour, sometimes a day, sometimes 2 or even 4 days.

so unless mtgox shows their okpay reserves there is no way to know how long it will take.

[1714146963]

1714146963

[1714146963]

1714146963

[1714146963]

1714146963

[1714146963]

1714146963

[Rishodi]

The issue here is how long it takes to transfer from MtGox to OKPAY. If the transfer happens in minutes or a couple hours then you can start the process again and again until you hit your MtGox withdrawal limit.

So the question is (and this has been asked before) how long is it CURRENTLY taking to withdraw USD from Gox to OKPAY?

I heard something about Gox had low OKPAY reserves at the moment. Can anyone give us any current insight on this?

In my experience over the past few weeks, it can take several business days to move USD from MtGox to Okpay. Minutes or hours is too optimistic. 2-3 days is more realistic.

[ruggedman_dan]

The issue here is how long it takes to transfer from MtGox to OKPAY. If the transfer happens in minutes or a couple hours then you can start the process again and again until you hit your MtGox withdrawal limit.

So the question is (and this has been asked before) how long is it CURRENTLY taking to withdraw USD from Gox to OKPAY?

I heard something about Gox had low OKPAY reserves at the moment. Can anyone give us any current insight on this?

In my experience over the past few weeks, it can take several business days to move USD from MtGox to Okpay. Minutes or hours is too optimistic. 2-3 days is more realistic.

Thanks for the input.

[Lgetty17]

I dont know if this has been mentioned, but it saves time to just put your MtGox "deposit" wallet in as the address to "withdraw" to from BTCe. recently, GOX has been lower than btce!!!

[Rishodi]

recently, GOX has been lower than btce!!!

That happens when the exchange rate drops. People are more hesitant to sell on BTC-e because it's more difficult to withdraw USD from there than from MtGox.

[joesmoe2012]

The issue here is how long it takes to transfer from MtGox to OKPAY. If the transfer happens in minutes or a couple hours then you can start the process again and again until you hit your MtGox withdrawal limit.

So the question is (and this has been asked before) how long is it CURRENTLY taking to withdraw USD from Gox to OKPAY?

I heard something about Gox had low OKPAY reserves at the moment. Can anyone give us any current insight on this?

In my experience over the past few weeks, it can take several business days to move USD from MtGox to Okpay. Minutes or hours is too optimistic. 2-3 days is more realistic.

This has been my experience as well.

[ruggedman_dan]

The spread between Gox and BTC-e is down to $1 as of late.

Anyone have any insight as to why? I'm no trading pro so but I am guessing either getting fiat onto Gox has gotten harder or getting fiat onto BTC-e has gotten easier. Anyone want to chime in?

[joesmoe2012]

Trading robots....

These opportunities will get smaller and smaller as more robots join in and the market becomes more efficient.