Is there a monitoring tool that shows which processes are using Intel Arc GPU?

Only the provided repository version of nvtop works with Intel Arc, you cant get it straight from APT (which is what I’m guessing you’re using since I had the same problem), those ones don’t support it.

Either build it from source, or, for Ubuntu >=20.04:

sudo add-apt-repository ppa:quentiumyt/nvtop
sudo apt install nvtop

If I remember correctly, Fedora’s nvtop works with Intel Arc.