Arbiter is one of the main core elements in the network scheduler. The significant goal of this work is to design a high-speed and low execution-time arbiter with lock free and fair arbitration scheme. In this work, four types of arbiters such as matrix arbiter (MA), ping pong arbiter (PPA), distributive round-robin arbiter (DRRA) and enhanced ping lock arbiter (EPLA) are designed and analyzed area, delay, and speed of arbiters. MA is worked in square matrix format and matrix transition is performed for effective routing. The DRRA is designed by using a multiplexer and counter. Hence an, effective scheduling is carried out in DRRA. Binary tree format is used in PPA. The PPA provides low chip size and high speed than existing MA and DRRA. The PPA limits fair arbitration during uniformly distributed active request patterns. To overcome this problem, PPA is improved with some lock systems to create an EPLA. A new ping lock arbiter (PLA) leaf and PLA inter structure is proposed at the gate level to reduce the execution delay, improve the speed and achieve fair arbitration over all other existing arbiters. Resource allocation, execution delay, and speed are analyzed using the Xilinx Integrated Software Environment (ISE) tool.