Arteta confirmed his team has no new injury worries ahead of the trip to the Black Country.
Takehiro Tomiyasu (muscular) and Emile Smith Rowe (groin) are missing but a number of first-team regulars will return.
Manager Mikel Arteta made 10 changes for the Carabao Cup defeat to Brighton and the likes of Bukayo Saka, Aaron Ramsdale and Thomas Partey are likely to come back in.
On the possibility of heading into the World Cup as Premier League leaders, Arteta said: "It will be great but our focus is to play better every single day.
"If we do that, then our chances of winning will increase and that's where our focus is.
"What we try to achieve is to play better every day and we're making so many strides.
"Our consistency level is much better too, whether we can sustain it is dictated day by day."
Meanwhile, Raul Jimenez will not feature for Wolves as he continues to battle a groin issue.
The striker has been with the Mexico team this week ahead of the World Cup and was named on the bench - although he was not going to play - for their 4-0 win over Iraq on Wednesday to boost his morale.
Jonny is a doubt with a hamstring problem, Sasa Kalajdzic (knee) is out and Diego Costa is banned while new boss Julen Lopetegui will watch the game before officially taking over on Monday.
Wolves provisional squad: Sa, Sarkic, Ait-Nouri, Mosquera, Gomes, Jonny, Kilman, Semedo, Bueno, Neves, B Traore, Podence, Nunes, Moutinho, Guedes, Neto, Ronan, Campbell, A Traore, Hwang.
Arsenal provisional squad: Ramsdale, Turner, Hein, Cedric, White, Gabriel, Holding, Saliba, Tierney, Zinchenko, Elneny, Lokonga, Xhaka, Partey, Smith, Vieira, Saka, Marquinhos, Odegaard, Nelson, Martinelli, Nketiah, Jesus.