This one is too weird for me to describe in words so I’m posting a sample to begin with.
To reproduce, please
-open the .blend
-create a new cube,
-go into object mode to make it sit up straight etc
-move it around
The arrow thing will always stay in one spot even though I’m in object mode!
Then try selecting any old object at all, they will all mysteriously show you the phantom arrows.
who would want the pivot to be whereever you click around though shudder
Admittedly I’m still a semi newbie…