What do you do when two of your friends are arguing?

Call my therapist because I have no friends.

Stay out of it and see which one makes the most sense in the next 2 days.

I treat them like kids and try to setlle whats going on, I hear both sides and then Ill pick the one who I think is right.

Try to help them settle it peacefully.

Or just don't bring it up and continue to be friends with both of them and don't let their conflict with each other interfere with your friendship with either one. Avoid taking sides, whatever you do.

Cut in between the fight and tell them to stop or else you can't be friends with the either of them.

Which would pressure them

I stay out of it. Trying to play referee never fails to make things worse. They can work it out on their own.

Get some popcorn, grab a drink and enjoy.

Let them settle their score between them

if you get involve ;; I can guarantee ;; you will loose both of them

Let It play out.

Try to make them talk to each other