The youngster shone in the Champions League in midweek and could be in line to start at White Hart Lane, and hopes he can be involved in a win for his new team
After scoring two goals in two starts, one of those making him the youngest Englishman to score in the Champions League, he could be in contention to play at White Hart Lane in one of the hotly anticipated games of the season.
He told the club's official website: "The closest I got to [a derby] was Southampton v Bournemouth but I think that was more of a derby for Bournemouth rather than Southampton fans.
"I obviously haven't been involved in a north London derby yet but the boys have all been telling me what a massive occasion it is.
"Just to be involved in the squad in any game, I am honoured to do that. If I am on the bench or in the starting line-up, I’ll just be happy to be there and I’ll give my all to help the boys out and try and get another win to build on our momentum."
Oxlade-Chamberlain watched Arsenal's previous visit to White Hart Lane and was in awe of the game, and thinks he will learn a lot from being involved.
He continued: "The game last season was fantastic - I was at home watching it on TV. I think that epitomises the derby so it's going to be exciting.
"I have heard the boys say it’s a hostile environment [at White Hart Lane] but it’s a new challenge for me. I am just going to keep taking it all in my stride and keep learning from everything I see."
If chosen to play in the derby, or in any other high-profile game, then he is confident that he will put in performances when they matter.
He added: "I have got confidence in my ability to do that and I think one of the main things with me is that I am going to learn by getting more game time.
"I know that isn’t going to come easily but over this season, next season and the one after I am just going to build on it and work hard and train.
"I am always learning things from the boys in training because they are quality players and that’s it for me. Getting stronger and fitter by playing games is only going to help me.
"I sit next to Theo in the dressing room and he has helped me along, especially when I came in as a new, young lad.
"He knew how I felt coming from Southampton. But it's not just Theo, it's all the boys who have been helping me out. I have been watching Theo because I have been playing on the wing at the moment and I am just trying to take from his game and learn from the stuff he does.
"You are all mates off the pitch but on it you are all competing for places. I think that only makes a healthier squad – more players fighting for positions can only mean everyone has got to step their game up.
"It’ll be very hard for me to get Theo’s position or anyone else’s in this team but I am up for the challenge and I am going to keep learning off them every day and working hard."