The two north London rivals finished sixth and eighth respectively last term, though the Gunners made amends with a win in the FA Cup final.
However, the two sides will be gunning for a return to the Champions League this term given the financial benefits of playing in Europe’s elite competition.
But Ferdinand believes that the two sides will miss out because Manchester United and Chelsea will pip them to the spots.
Speaking to the Five YouTube channel, Ferdinand named his top four in order: ‘I’m going Man City, Liverpool, Manchester United and Chelsea.’
Arsenal have spent four consecutive seasons outside the Champions League, while Tottenham desperately need to finish in the top four consistently to help pay for their new stadium.
Both Manchester United and Chelsea bagged Champions League spots last term and they’re favourites to do so again this campaign.
But Frank Lampard will be under considerable pressure to at least manage a top four spot given his £230m spending this summer.