Why not just throw a SteamVR/Vive laser tracker onto the end of the arm and use that to close the loop? They claim sub-mm precision at room-sized distances, so it should be even better if you had it basically mounted on the base. If you wanted to get fancier you could build it into the end effector w/ one of these? https://tundra-labs.com/products/tl448k6d-vr-system-in-packa...