A method and apparatus for arbitration. In one embodiment, a point in a network includes first and second arbiters. Arbitration of transactions associated with an address within a first range are conducted in the first arbiter, while arbitration of transactions associated with an address within a second range are conducted in the second arbiter. Each transaction is one of a number of different transaction types having a respective priority level. A measurement circuit is coupled to receive information from the first and second arbiters each cycle indicating the type of transactions that won their respective arbitrations. The measurement circuit may update a number of credits associated with the types of winning transactions. The updated number of credits may be provided to both the first and second arbiters, and may be used as a basis for arbitration in the next cycle.