Lloris has insisted that a fine recent run from Spurs will count for nothing if they do not hold their nerve at the business end of the campaign.
He told reporters: "The season is not finished yet.
"There are 10 games left so we have to keep our concentration and remain focused on the other great games ahead.
"But, of course, it's better to be in our position than Arsenal's."
Liverpool are next up for Andre Villas-Boas's side in the Premier League, but first they host Inter Milan in the Europa League on Thursday.