I come in here almost 10 years late and I can still feel the aggression bubbling from the comments.
When arowana fight, they do a dance around each other, swimming in circles and then going head to head, slipping out of the liplock, then resuming the circle stance. For many cichlids (including some parrot hybrids), the often smaller and chubbier female will charge the (usually longer and thinner) male and do a circular dance. They will go at it, biting until one emerges victorious. If the male wins, he gets the girl. If not, she will hound him, biting until he gets really beat up (or in a rare occasion, might even die). Don't know if arowana do the same thing my pairs go through, but it seems feasible. The pair in the picture eventually laid an infertile batch (expected of blood parrots) and got real snippy.
As for sexing, I feel that the angling of the mouth might have something to do with it, but I am not sure, so don't quote me, please. The distance of pelvic to anal fins seems to be common among cichlids, so maybe amongst arowana as well?