Whether there is arbitrage space on the firm offer depends on the general situation. In the case of changes in production technology and consumption structure, the space without arbitrage will also change, but it will not change in the short term!
If there is arbitrage space, there will be funds to arbitrage in the market, which is also called "risk-free arbitrage"! This arbitrage operation. It will squeeze out the temporary distortion or arbitrage space of the market and let the market return to the arbitrage-free situation!