I found this out the hard way. Did a couple trades buying on Cavirtex and selling on Mt.Gox and made a nice $300 - $500 on each one instantly. Now been waiting two months for my money to be wired from Mt.Gox to my bank account
It's called Arbitrage
and there is a rule of thumb:
if there is a steady difference between exchanges, then something is messing up the opportunity
eg:
Mt.Gox - cant withdraw fiat
BTCe - high deposit fees
China - hard to wire money back to you