The Turkish international suffered an injury during training and was taken to hospital for an inspection.
Arda was given the all clear but manager Diego Simeone may decide not to risk the 28-year-old.
Atletico Madrid are without a win in their last three games and were defeated last weeken by league Champions Barcelona.
Arda became the first Turkish born player to win the La Liga as Atleti won their first league title since 1996 last season.
The Turkish international was also part of the team that reached the Champions League final last season.
Arda who has two-years remaining on his contract with Atletico, has six assists and three goals in 46 appearances for the Madrid based side this season.
The former Galatasaray midfielder was recently sent off during his sides clash with rivals Real Madrid in the UEFA Champions League.