Is There a Lot of Arbitrage in Spacks?

i was talking to a friend yesterday about the arbitrage that you can do in spacks. He was basically saying, you're too young. But back in the day, closed in funds, man. I mean, it was like shooting fish in a barrel. Do you think there's going to be that kind of arbatrage going on here? In other words, people not at all interested about thi fact itself but just as a vehicle igevs my impression that there's a lot of justa purelic trades that are emerging.