The Gunners are currently fifth in the table after their shock defeat to Crystal Palace on Sunday but can leapfrog Chelsea into fourth with victory at Molineux.
However, Wolves have European ambitions of their own as victory will take them to seventh in the table, which will likely be a Europa League spot for next season.
Wolves have not beaten Arsenal since 1979, going 20 games without a victory against the Gunners.
When is Wolves vs Arsenal?
The match is on Wednesday 24 April with kick-off at 7.45pm at Molineux.
Is Wolves vs Arsenal on TV and is there a live stream?
Unfortunately not, Sky Sports are showing the Manchester derby at 8pm, while there are not matches being shown on BT Sport.
Wolves have no injury problems to deal with at this point of the season.
Arsenal are without Aaron Ramsey and Denis Suarez, while Hector Bellerin, Rob Holding and Danny Welbeck all remain out.
Granit Xhaka is not fully fit but could be available, while Sokratis Papastathopoulos returns from suspension.
What are the odds? (Courtesy of Betfair)
Head-to-head in last five meetings
11 Nov 2018 – Arsenal 1-1 Wolves – Premier League
11 Apr 2012 – Wolves 0-3 Read More – Source