To put it bluntly, the more you zoom out, the less the arrow is accurate to where it should point at.
Example :
In the most zoomed in picture the arrow is not here, and shouldn't, because its straight into the vortex. So its works as intended
In the 2nd image, it already looks... weird, it points somewhere.
In the 3rd picture... ehhhhh, where is it even pointing at ??
In the 4th its... even worse.
It gets worst and worst, and i'm pretty sure this is not intended.