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The Brazilian could compete with Bernd Leno for minutes
The Gunners are looking for an upgrade on backupRunar Alex Runarsson, who has struggled since joining in the summer.
Arsenal are hoping to land Neto in aloan deal with an option to purchase in the summer.
The 19-year-old will spend the rest of the season back on loan withToulouse as the club chases promotion back to Ligue 1.
Rose has not played for Spurs this season after Jose Mourinho left the veteran out of hisPremier League and Europa League squads.
Should Spurs cancel Rose's contract, the 30-year-old could join West Brom.