With Chelsea facing Manchester United on Sunday, the Gunners have a chance to close the gap on the top two when they take on Wolves.
Mick McCarthy's side sit just above the relegation zone but have drawn their last three matches against Everton, Aston Villa and Stoke.
Taking nothing for granted: Fabregas insists Arsenal must be on top of their game
And Fabregas said: 'Wolves look a team who are strong at home. We will have to be at our best as usual, because today there are no small teams in the Premier League.'
Meanwhile, Gunners boss Arsene Wenger claims that several clubs are attempting to unsettle 19-year-old midfielder Fran Merida as talks continue over a new contract.
Merida, whose deal expires in the summer, has been linked with Atletico Madrid and Wenger said: 'Some clubs are doing work behind our backs to destabilise him.'
Spurs and Man City did not think he was big enough - but Arsenal boss Arsene Wenger liked what he saw in Thomas Vermaelen Kroenke splashes £1.7m in another Arsenal shares raid - takeover imminentALL THE WEEKEND'S PREMIER LEAGUE TEAM NEWS THE LIST: The 50 finest footballers to have played for Tottenham or Arsenal, Nos 10-1Cesc determined Arsenal's season will have a silver lining after hammering AZARSENAL FC