A system and method for packet-based communications is performed by implementing arbitrated packet-based communications. According to an example embodiment, packet-based data is arbitrated and output with verification data. For each arbitrated packet stream, verification data is generated in response to detecting an end of frame (EOF) symbol in the arbitrated packet stream, and the verification data is added to the packet stream. A merged packet stream is provided at an output, the merged packet stream including the plurality of arbitrated packet streams with verification data added thereto.