Spurs seemed to be heading for just their second away league win over their near neighbours since 1993 when they punished two Arsenal errors to take the lead through goals from Christian Eriksen and Harry Kane.
Find out how all of the action unfolded courtesy of Sports Mole's minute-by-minute updates below.
It is the perfect way to go into the first international break of the season, and as usual in these matches it looks too close to call before kickoff. Spurs have claimed ultimate bragging rights over their neighbours by finishing above them in recent seasons, but their record here is woeful and Arsenal have made a bright start to the campaign - at least until their defeat to Liverpool last time out.
Kickoff is just five minutes away, so let's have a look at some very interesting team news before we get started...
SUBS: Martinez, Mkhitaryan, Willock, Nelson, Ceballos, Ozil, Chambers
SUBS: Gazzaniga, Skipp, Alli, Lo Celso, Davies, Aurier, Lucas
Spurs break on Arsenal, with Lamela released in behind before trying to pass his finish into the bottom corner. Leno gets there, but gets nowhere near enough on his save to push it away from Eriksen, who is left with the easiest of finishes. Poor from Leno - and from Arsenal's defence in general - but Spurs have first blood in the derby!
🤭 OH NO LENO!
When will Xhaka learn?!
A VAR check was being readied for a handball in the box against Rose, but Arsenal make that irrelevant as Pepe clips the ball into the box and Lacazette brings it under his spell brilliantly. The Frenchman then takes it past Vertonghen inside the box before lashing it past Lloris at the near post.
Arsenal have actually been on top for a decent proportion of the opening 45 minutes, but Spurs went into a two-goal lead after punishing Arsenal mistakes before the Gunners pulled one back in stoppage time.
The Dane worked really hard to get up in support and was left with an easy finish for his 50th Premier League goal, although it was a gift from Leno.
From there, Kane made no mistake with another powerful and pinpoint penalty, but there must surely be questions asked of Xhaka inside that Arsenal dressing room at half time.
It was a superb finish from the striker too, taking Pepe's pass down inside the area before beating Vertonghen and lashing his finish past Lloris, but the Gunners will also need to improve at the other end if they are to keep Spurs at bay in the second half.
Guendouzi deserves huge credit for a superb assist, clipping a cross into the box from a narrow position which leaves the defenders helpless. Aubameyang's movement is as deadly as you would expect, and he gets the perfect contact on the ball to poke it beyond Lloris.
Both sides may feel happy with the point but still as though they could have claimed all three, with Tottenham going into a 2-0 lead before Arsenal came back, but the Gunners could not turn one point into three despite plenty of pressure in that second half, while Spurs also had chances.
Thank for you for joining Sports Mole for this thrilling contest as Arsenal come from two goals down to earn a point against Spurs. I will leave you with our match report, and be sure to stick around for reaction too. From me, though, it is goodbye for now!