Manchester City can take the leadership tomorrow night against Burnley, with Arsenal having blown a nine point lead.
“I think City have got the edge,” Carragher told Sky Sports. “I just think momentum, experience, how that will affect Arsenal psychologically?
“Not just that game, the run of games that they’re on, the performances as well.
“This was definitely a better performance, there’s no doubt about that.”
Carragher added: “I don’t think it’s a case that if they didn’t win the league then Arteta would be out of a job, nothing like that.
“This does feel different than previous seasons because I don’t think I’ve ever felt they were the best team in the league.
“I think for the majority of this season most people in this country have felt Arsenal have the best squad and the best team, and now it’s just turning very late in the season unfortunately for them.
“I think in the past we’ve always felt it was Liverpool last season or it was City a couple of seasons before that, they did have the edge on Arsenal and they should win it. The best team won it.
“It hasn’t felt like that for a lot of this season and there have been times where Arsenal have been nine points clear, they had a chance to go 12 points clear.”