Of course there are many good tokens for arbitrage, I often arbitrage because the difference between exchanges is very profitable, but the most important thing when arbitrage is to choose exchanges whose deposit and withdrawal processes are fast, and now FTX, MEXC are good choices because of low withdrawal fees and speed of processing .
Choosing the exchange is the first process in arbitrage trading, their processing speed and their transaction fees and their withdrawal limit and everything will be taken into account while doing arbitrage. Recently there are some local exchanges that will give you a much bigger profit margin that tradition exchanges we are aware. I used to arbitrage in the past but now a days i need to do some research before making any claims
![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
.