All the best with the aro mate.. read this thread for all the info you need.. the info i have pasted below is from this thread..
http://www.monsterfishkeepers.com/forums/showthread.php?329584-do-you-want-an-arowana-then-read-this
Baby Aros
Freeze Dried Plankton-
This is like minature krill for small aros. This contains alot of karotene which is good for colour and it also floats so its easier for aros to start
eating. Remmeber to break off the pointy parts.
Freeze Dried/frozen Bloodworms-
Freeze dried/frozen bloodworms are very nutritious. It is also usually accepted right off the bat so you can use it to get your new baby aros to start eating. This also floats, thus it is easier for baby aros to eat. Frozen blood worms will sink after alittle time.
Baby Crickets-
Aros can almost never resist crickets. They contain little nutrients by themselves so make sure you feed them carrots before you feed the crickets to your aro. Make sure they are BABY crickets as the regular crickets will have a harder exoskeleton and will be too big for the baby aros.
Hikari Aro Foodsticks (broken into smaller peices)-
If your baby aro is eating well, it might be time to introduce one of its staple foods, foodsticks/pellets. As long as you break up the pellet/foodstick, it will be fine for your aro. This isn't just for hikari aro foodsticks, this applies with all pellets/food sticks (ie.Tropical Cichlid arowana sticks) but it is just an example as this is very well known.
Market Shrimp (deshelled, defrosted and cut small)-
Market shrimp can also be fed to aros at this size. Make sure you remove the shell and defrost fully, as frozen foods can do harm to aros. Cut it really small, small enough for it to fit in an aro's mouth.
Flake-
High quality flake can also be fed to baby aros, but should not be fed as they grow as this is not something that could fill up a bigger aro. (thanks to Bderick67 for the tip)