First, default_scopes are dangerous. They get used whenever you use the model, unless you specifically force 'unscoped'. IME, it is rare to need a scope to every usage of a model. Not impossible, but rare. And rarer yet when you have such a big computation.
Instead of making a complex query, can you simplify the problem? Here's one approach:
In order to make the version field work, you probably have some code that is already comparing the order fields (otherwise you would not have unique rows with the two order fields the same, but the version field differing). So you can create a new field, that is higher in value than the last field that indicated the right entity to return. That is, in order to create a new unique version, you know that you last had a most-important-row. Take the most-important-rows' sort order, and increment by one. That's your new most-important-rows' sort order.
Now you can query for qualifying data with the highest sort order (order_by(sort_order, 'DESC').first).
Rather than focus on the query, focus on whether you are storing the right data, that can the query you want to achieve, easier. In this case, it appears that you're already doing an operation that would help identify a winning case. So use that code and the existing database operation, to reduce future database operations.