Here is a lesson covering a lot of the technical and conceptual concepts with practicing arpeggios across the bass’ fingerboard. Pay close attention to the ideas regarding shifting across the fingerboard – this is something that is almost completely neglected in the majority of method resources for electric bass, and is something that is very important to practice. Arpeggios are the best musical element to practice this physical concept.
If you have any questions regarding this video, feel free to email me at firstname.lastname@example.org. I teach skype lessons that covers this material, which really gets into the broader mechanics of playing the instrument.