Sequential Rev 2 Arp sync issue when recording and playing back after recording MIDI

Cubase 12 Artist 12.0.7
Windows 11 (i9)
Sequential Rev 2 using MIDI over USB

The problem I’m having is when playing back a track I can sync the Rev2’s arp to playback - all is good. However when I record or try and play back the recorded MIDI it is all over the place and actually when i listen, always starting slightly late.
It always used to work fine and I setup the options on the Rev2 using the manual - all good, I’m not entirely sure why it’s stopped working? Any ideas please…
Hopefully this screenshot of my studio setup window will help.