arcing involves ionizing air, right? I would have expected that the breakdown voltage of air increases with altitude, due to decreasing density of air.
Radiation doesn't help either, as sibling commented - it creates ions making the initial breakdown easier, though it shouldn't make a difference for a continuous flow that involves innumerable ions.
https://www.youtube.com/watch?v=MIqK45nxcTo
He even explained it with balls and magnets!