Even now Arsenal are still above Tottenham although indeed, at the moment they have the same points. But that doesn't mean Arsenal have lost their chance to get back in 4th place because with the rest of the season continuing, of course they will continue to compete and will not give in. So yes, the battle for rank 4 will likely continue, no matter tomorrow they get a win or lose, because I believe they are still difficult to be consistent so they will continue to overtake each other.
And we can't forget about Wolves. They have been playing very well this season. And it comes from a good series of games without losing. If they beat Arsenal, they can overtake them on the leaderboard.
Mathematically, Wolves still have the possibility of reaching fourth place. I don't think they will get that far, but they will fight for a spot in the European competitions next season. That's why it's a team to consider, given the excellent work that Bruno Lage has done at the helm of the team.