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Leatherman ARC Multitool vs Leatherman Wave Plus

Buy the Wave Plus if you want a proven 18-tool workhorse at about $104. Buy the Arc if you want a MagnaCut blade, one-handed access to every tool, and premium coatings at about $250. The Arc costs roughly $146 more, so the Wave Plus wins on value and the Arc wins on blade steel and tool access.

Today the Leatherman Wave Plus costs $146.00 less at its best price.

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Leatherman
Arc Multitool

Leatherman ARC Multitool

Arc Multitool

$249.95at Backcountry.comObserved at 8:44 PM
See all prices and details
Visit Backcountry.com

Choose the Arc if you want a rust-resistant MagnaCut blade that holds an edge longer and every tool reachable one-handed without opening the pliers.

Pros
  • MagnaCut blade at 60-63 HRC holds an edge longer and resists rust
  • All 20 tools open one-handed and lock in place
  • PVD blade coating and Cerakote frame add corrosion protection
  • Removable pocket clip included
Cons
  • About $146 more than the Wave Plus
  • No sheath or half bit kit in the box
  • 8.6 oz is heavy for pocket carry
  • Buyers report plier play and poorly meeting scissors
Leatherman
Leatherman Wave Plus

Leatherman Wave Plus

4.7(5,066 ratings)
$103.95at AmazonObserved at 8:44 PM
See all prices and details
Visit Amazon

Choose the Wave Plus if you want a durable, well-reviewed 18-tool multi-tool for well under half the price.

Pros
  • 18 tools at $103.95, less than half the Arc's price
  • 4.7 out of 5 from 5,066 ratings
  • Replaceable wire cutters and hard-wire cutters
  • One-handed opening even with gloves
Cons
  • 420HC blade at 55-59 HRC loses its edge sooner than MagnaCut
  • Black oxide finish rubs off on hands and pockets
  • No sheath included
  • Blades and wire cutters wear under heavy use

What separates them

Leatherman ARC MultitoolLeatherman Wave Plus
Price$249.95 at Backcountry.com as of November 6, 2026$103.95 at Amazon as of November 6, 2026
Blade steelMagnaCut, 60-63 HRC420HC, 55-59 HRC
Tool count20 tools18 tools
Outside-accessible toolsAll 20 tools open one-handed from outsideEssential tools outside-accessible; others need the tool opened
Weight8.6 oz8.5 oz
Closed length4.25 in4 in
Blade length2.76 in2.9 in
FinishPVD blade coating, Cerakote frameBlack oxide

Price history

$249.95$103.95
Oct 31Nov 7
  • Leatherman ARC Multitool: lowest $249.95 on Oct 31 at DICK'S Sporting Goods; $249.95 on Nov 7.
  • Leatherman Wave Plus: lowest $103.95 on Nov 7 at Amazon.

Prices at every store

Leatherman ARC Multitool

  • Backcountry.comNew

    In stock

    $249.95Free shippingObserved at 8:44 PM
    Visit Backcountry.com
  • DICK'S Sporting GoodsNew

    In stock

    $249.95+ $9.99 shippingObserved at 8:44 PM
    Visit DICK'S Sporting Goods
  • Lowe'sNew

    Availability unknown

    $249.95Free shippingObserved at 8:44 PM
    Visit Lowe's

Also available at

  • eBayCheck price at eBay
  • LeathermanCheck price at Leatherman
  • Willey KnivesCheck price at Willey Knives

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All 3 stores and price history →

Leatherman Wave Plus

  • LeathermanNew

    In stockReturn policy

    $129.95Observed at 8:44 PM
    Visit Leatherman
  • AmazonNew

    Availability unknown

    As an Amazon Associate, Deal.ai earns from qualifying purchases.

    $103.95Free shippingObserved at 8:44 PM
    Visit Amazon
All 2 stores and price history →

Specs compared

SpecLeatherman ARC MultitoolLeatherman Wave Plus
Closed Length4.25 in. | 10.8 cm.4 in | 10 cm
Weight8.6 oz. | 243.81 g.8.5 oz.
Primary Blade Length2.76 in. | 7.01 cm.2.9 in | 7.37 cm
Blade Hardness60-63 HRC55-59 HRC
Blade MaterialMagnaCut® Stainless Steel420HC Stainless Steel
Blade FinishPVD CoatingBlack Oxide
Frame Material420 Stainless Steel420 Stainless Steel
Open Length6.45 in. | 16.38 cm.—
Width1.3 in. | 3.3 cm.—
Overall Thickness0.68 in. | 1.73 cm.—
Frame FinishCerakote®—
Tool Count20 tools—
Show all 16 specsShow fewer specs
SpecLeatherman ARC MultitoolLeatherman Wave Plus
Number of tools—18
Blade lock—Yes
Ruler length—8 in | 19 cm
Materials—420HC Stainless Steel, Black Oxide

What reviewers say

Leatherman ARC Multitool

Owners rate the ARC highly for its smooth one-handed operation, premium materials and the MagnaCut blade. Complaints center on the pliers feeling loose, the scissors, and what ships in the box.

What people mention
  • One-hand operationPraisedOwners say every tool opens smoothly with one hand and locks securely.
  • Blade steelPraisedThe MagnaCut blade is cited for edge retention and corrosion resistance.
  • Build qualityPraisedBuyers describe a premium, solid feel from the PVD and Cerakote finishes.
  • PliersCriticisedOwners report play in the pliers and a pivot that is just a pin.

Leatherman Wave Plus

  • 4.7 / 55,066 ratings

Rated 4.7 out of 5 from 5,066 ratings, the Wave Plus is widely seen as a durable, easy-to-use workhorse. Owners praise the sharp blades, the replaceable cutters and the locking tools; the most common complaints are the missing sheath and the black finish rubbing off.

What people mention
  • Build qualityPraisedOwners describe it as durable and well made, with tools that lock firmly.
  • BladesPraisedThe 420HC blades arrive razor sharp and are called excellent quality.
  • Wire cuttersPraisedThe replaceable cutters are seen as versatile, though they grab after heavy use.
Reviews
  • The Best Multi Tools of 2026

Questions and answers

Which is better for everyday carry?
The Wave Plus. It is slightly shorter closed (4 in vs 4.25 in) and costs far less, so it is easier to justify carrying daily. Both weigh about the same, around 8.5 to 8.6 oz.
Is the Arc worth the extra money?
If you cut often and work outdoors, yes. The MagnaCut blade at 60-63 HRC holds an edge much longer than 420HC at 55-59 HRC, and every tool opens one-handed. If you use a multi-tool occasionally, the Wave Plus covers the same jobs for about $146 less.
Which blade lasts longer?
The Arc's MagnaCut blade. Higher hardness and better steel mean longer edge retention and more rust resistance than the Wave Plus's 420HC. The Wave Plus blade is easier to sharpen quickly.
Which has better pliers and cutters?
The Wave Plus has replaceable wire cutters and hard-wire cutters, which buyers rate well. Arc buyers report plier play and a pivot that is just a pin, so the Wave Plus is the safer pick for heavy wire work.
Do either include a sheath?
No. Both sell the sheath separately, and the Arc also ships without the half bit kit. Budget for a sheath with either tool.
Which is better for one-handed use?
The Arc. All 20 tools are outside-accessible and open one-handed with FREE technology. The Wave Plus opens one-handed even with gloves, but only its essential tools are outside-accessible.

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Buying guides that pick them

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  • SheathCriticisedBuyers complain the sheath is not included and must be bought separately.