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Can someone please explain this transaction please?

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https://etherscan.io/tx/0x850fb3e788063db4884b9429a7e8dff760d47a0a6e0c79c412800e41b595f374

I had it confirmed within a minute, Yet the USDT is still on my erc20 wallet instead of Arbitrum.

I checked the gas fees and I had transferred more into ETH to make sure I had more than enough for the transfer (Spent another $40 sending $50 from cex "Yay ETH") it took the $40.72 left $20 in my erc wallet and the transaction has failed somehow. This is beyond rediculous that I now have to send more from cex, Tranfer more than I need and what gas fees are to get the transfer then end up with $80 sitting in erc20 thats not worth moving. Maybe the SHIB ARMY is onto something.

submitted by /u/Efficient-Influence1
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