I'm not clear if there was a problem leading to the original post, or just a question. I've used the same strobe arms since 2015 on three camera rigs now, and I have to tighten them quite tight to keep the strobes from flopping around when the camera is lifted into or out of the boat. Underwater I then have to loosen to the correct tension.
After a couple of years I was having a lot of issues getting correct tension. Basically the adjustments went from too loose to locked down completely with nothing in between. I ended up replacing all the o-rings with new ones, and now I can do a tension adjustment again.
It would appear the o-rings got worn in somehow. It would probably be a good thing to not store the arms overnight with the clamps locked down, but I've not done that and they still wore in.
I once tried applying a bit of grease - big mistake there.
Phxazcraig