Can I use this cheap GPS module with arduino
Yes.  You can tell that from two entries in the specification:


  TTL Level 9600 Baud Rate


That tells you it uses standard TTL (5V) serial to communicate, so on an Uno that would be pins 0 and 1 and the Serial object, or any pins of your choice and the SoftwareSerial library.


  Output SiRF binary system OR nmea0183 V3.0(GGA, GSA, GSV, RMC, VTG)


It outputs NMEA encoded data (bold added by me) which is what most of the Arduino GPS libraries are written to use.