What are some effective OTC ointment or medicine for arthritis pain relief?

Menthol, capsaicin. If limited to over the counter ointments, some options include counterirritant products(menthol, camphor, eucalyptus oil), capsaicin, or ointments with salicylates. Some of the above ointments include icy hot, tiger balm, bengay, aspercreme, capsaicin. There are other perscription options that should be discussed with your physician such as lidocain based patches, anti-inflamatory based ointments.