the last 3 days price, the huge arb space

[Fioraver]

Bitfinex often has a leading price, or sometimes is LakeBTC step ahead, no matter, the key is that price gap usually is $10 between them and BTC-e.

Even BTC-e has a high deposit usd fee, but if we buy btc at btc-e and sell btc at bitfinex or lakebtc, we also can earn a tidy profit, much more btc per buy, much more profits per sell.

Even when you buy btc from Bitstamp, instead of BTC-e, there also $3 - $5 gap, and by use of both Bitstamp and LakeBTC are the ripple gateway, and a faster btc/usd arb via ripple.

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[kutaka]

BTC-e is too shady for me, I will not eat the risk for one buck per btc.

[Fioraver]

BTC-e is too shady for me, I will not eat the risk for one buck per btc.

maybe it is, high risk high profits everyone know, and I think btc-e, and bitfinex lakebtc bitstamp would not fail within two years

[btceuropen]

someone is doing it, the gap is shrinking

[Elwar]

The hoops you have to jump through to get your money into btc-e is insane. You lose 2-3% in fees.

[RoadTrain]

The hoops you have to jump through to get your money into btc-e is insane. You lose 2-3% in fees.

You pay 1% when depositing via wire, what else?

[Elwar]

The hoops you have to jump through to get your money into btc-e is insane. You lose 2-3% in fees.

You pay 1% when depositing via wire, what else?

Ahh, I'd only looked at moving Euro to btc-e.

Don't most international wire transfers cost money as well? The price likely represents the cost of getting your money in and out of the exchange.

[Brewins]

The hoops you have to jump through to get your money into btc-e is insane. You lose 2-3% in fees.

You pay 1% when depositing via wire, what else?

the fees from the bank side to make the deposit?

[RoadTrain]

The hoops you have to jump through to get your money into btc-e is insane. You lose 2-3% in fees.

You pay 1% when depositing via wire, what else?

the fees from the bank side to make the deposit?

That's what I thought as well. But AFAIK, these fees aren't set in stone, and depend on correspondent banks, so they're somehow hard to predict.
I think it's safe to assume that these fees erase most of the arbitrage potential.

[Mieehayii]

I'm sure somebody is doing that, the gapis only $4-$10 now.

who make profits from it? share with experience with us?

[coinableS]

BTC-e is too shady for me, I will not eat the risk for one buck per btc.

I always cringe when I read these sort of statements.
Why is BTC-e shady? Is it because they're anonymous? Isn't that ironically in the spirit of Bitcoin, being anonymous? They have been on the exchange scene for longer than many exchanges, and I have never had a bad experience with them. They offer a solution for people to exchange without the user having to provide their ID's and contact info, just like Bitcoin was meant to be used. I trust them more than any other exchange. 

[Fioraver]

The hoops you have to jump through to get your money into btc-e is insane. You lose 2-3% in fees.

indeed, the fiat deposit fee on btc-e is a robbery.

[sandy47bt]

And when you post this, the gap between exchanger become smaller

But, BTC-e set high fee even if you consider anonymous
So, the gap is not as wide as you think

I'm sure somebody is doing that, the gapis only $4-$10 now.

who make profits from it? share with experience with us?

I bet most of them won't tell anything & keep the profit for themselves

[Nagle]

Bitfinex often has a leading price, or sometimes is LakeBTC step ahead, no matter, the key is that price gap usually is $10 between them and BTC-e.

This tells you what the real costs of Bitcoin transactions are. Looks like they're about $10 per round trip, in and out of Bitcoin, or, at current prices, about 3%. This is an inefficient market by modern financial standards.

[sniveling]

Bitfinex often has a leading price, or sometimes is LakeBTC step ahead, no matter, the key is that price gap usually is $10 between them and BTC-e.

This tells you what the real costs of Bitcoin transactions are. Looks like they're about $10 per round trip, in and out of Bitcoin, or, at current prices, about 3%. This is an inefficient market by modern financial standards.

It depends on the quantity of bitcoin you transfer in and out of fiat. Wire transfers usually charge the same for any transfer, no matter how big or small. However, they can take a week to complete which is really inefficient and ruins arbitrage opportunities.

[Nagle]

Wire transfers usually charge the same for any transfer, no matter how big or small. However, they can take a week to complete which is really inefficient and ruins arbitrage opportunities.

That depends on your banking arrangements. If you have an account with a US stockbroker that's also a bank, they know you, and you have a reasonable balance there, wire transfers happen very fast.

[Francesca]

Bitfinex often has a leading price, or sometimes is LakeBTC step ahead, no matter, the key is that price gap usually is $10 between them and BTC-e.

This tells you what the real costs of Bitcoin transactions are. Looks like they're about $10 per round trip, in and out of Bitcoin, or, at current prices, about 3%. This is an inefficient market by modern financial standards.

It depends on the quantity of bitcoin you transfer in and out of fiat. Wire transfers usually charge the same for any transfer, no matter how big or small. However, they can take a week to complete which is really inefficient and ruins arbitrage opportunities.

I also think so, every arbitrage costs are fixed. the more time arbitrage, the less marginal cost