Equalizers the same as Arbiters?

The only different stats between these guns is durability and mass:

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What’s the point of arbs if equalizers do the same thing for a fraction of the price and less PS? What am I missing here?

Look at the perk: Arbiters can do a lot more damage once they get going.

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this. equalizers only go up to 105% damage and arbiters can go up to 150% damage.

Oh wait, you’re right… Sorry guys. I must be blind :sob: