Is that quite an old monitor? CGA/EGA/RGBHS?
Could be that the monitor is expecting bigger vertical syncs. The ArcadeVGA (I assume thats what you mean) I believe outputs 1V syncs (like most VGA cards) whereas some old monitors need/expect 5V syncs.
You can buy an adapter/booster (Ultimarc, who sell the ArcadeVGA, sell one I believe). But this may not be the reason. Check your settings in the driver options - some ATI (on which these are based) allow you to change the syncs to composite/positive/negative which may also help.
If it is an ArcadeVGA I would suggest emailing Ultimarc, who are both extremely knowledgable and very friendly.