A four bar, three chord arpeggio; A...F...D.......
Look at each of the collection of fretts like 022 333 000 which are the chords, prepare your fingers for placement of the whole chord, when you lay the chord down play the strings in the order shown on the tab. That's arpeggio.
VERSE STAGE 1
E [---------------------------------------------------
B [---------------------------------------------------
G [--------2------------------------------------------
D [-----2-----2--------3-----------0-----0-----0------
A [--0--------------3-----3-----0-----0-----0-----0---
D [--------------3-----------0------------------------
She eyes me like... a... pisces
VERSE STAGE 2 WITH RIFF
E [---------------------------------------------------
B [---------------------------------------------------
G [--------2------------------------------------------
D [-----2-----2--------3-------2/4--4----4------------
A [--0--------------3-----3-----------0-----3--3--5---
D [--------------3-----------0------------------------
when I am weak