Look on the forums for some great team setups.

@Kyutaru's Vampire Lord Midnight Blade is extremely fun to play with in arena and can save your ass in survival.
http://forum.naruto.oasgames.com/en/forum.php?mod=viewthread&tid=1290&highlight=midnight%2Bblade

@Protozero's Clone Team is another very good team to use. It serves as a counter for lower level fire control teams and can combat water mains very effectively. It has trouble fighting high level Earth mains, since it relies on combos, but you can make do.
http://forum.naruto.oasgames.com/en/forum.php?mod=viewthread&tid=738&highlight=midnight%2Bblade

Those seem to be most popular midnight blade builds, at least on this forum.


But then again, neither use Hinata, and god*, it'd be a waste not to use that 5 star hinata.
Formation and talents are up to you, but off the top of my head, use Hinata as a point-man up front and your main with Chidori Blade.
Now, you c*e Sasuke and utilize another character that can help the combo out, like Sai or Kurenai.
Alternatively, use Kakashi and a person that can combo from knockdown to repulse, like Kurenai, Sai.
OR just do whatever the hell works and tack on the bull summon to get off that hinata acupuncture.

Hope I helped in some way!