Arsene Wenger's side go into the game at Goodison Park fourth on the table, just four points ahead of the Toffees.
The Gunners are paying $3.00 at bet365 to win, with Everton the $2.50 favourites and the draw on offer at $3.40.
The last time they met was in the FA Cup last month, a game that produced a comfortable 4-1 victory for Arsenal.
You can get $51.00 on them repeating that feat on the road.
A better guide is the team's 1-1 draw at the Emirates in December, as well as their 0-0 stalemate at Goodison Park last April.
A goalless draw this time around if paying $11.00, while another 1-1 is on offer at $6.50.
Everton's on-loan Belgian striker Romelu Lukaku is the shortest player in first goal-scorer betting at $5.50, with Arsenal's French frontman Olivier Giroud second at $6.50 to break the deadlock in the game.
Elsewhere on Sunday, Brendan Rodgers' Liverpool are paying just $1.40 to win away to West Ham ($9.00), with the draw at Upton Park worth $5.00.
The Reds have been in confident mood of late, and you can get $9.00 on a 2-0 win in this one, or $10.00 on the visitors to run out 3-0 winners.