There is always a bus arbitration period preceeding a bus utilization period:
Therefore, bus arbitration periods and bus utilization periods usually overlap:
Req2 Req1 Req0 | Grant2 Grant2 Grant0
---------------------+----------------------------
0 0 0 | 0 0 0
0 0 1 | 0 0 1
0 1 0 | 0 1 0
0 1 1 | 0 1 0
1 0 0 | 1 0 0
1 0 1 | 1 0 0
1 1 0 | 1 0 0
1 1 1 | 1 0 0
Advantage of distributed bus arbiter: no single point of failure...