If you look where they come from, amazon, water has a lower pH, from leaves, think of discus and angelfish. If your NH3 and NO3 are around 40, you might consider a water change and back off the feeding as I can only assume there is left over food in tank. What type of filter are you using. If you look at my pics I had a beautiful 10" black arowana about 1 year ago, I raised it for a pet store owner. It was eating Hikari food sticks (floating) exclusively. Are there any other fish in tank, I always try to keep a pleco and some sort of cleanup crew in my tanks. Some type of catfish or crayfish. To help keep the bottom clean, I have gravel in my tanks