http://www.youtube.com/watch?v=rrw4IlKRPmc&feature=player_embedded
Arshavin, who scored four times against Liverpool in a 4-4 draw last April and fired in a spectacular winning goal against them last weekend, is shown heaping further humiliation – and manure – on his Anfield rivals.
The Russian is shown on a skateboard, clinging onto the front of a car driven by Steven Gerrard.
As Marty McFly, the character played by Michael J Fox in Eighties blockbuster Back To The Future, Arshavin jumps over the car, leaving Gerrard with passengers Pepe Reina and Jamie Carragher to crash into a cart full of manure.
A furious trio of Rafa Benítez, Yossi Benayoun and Fernando Torres look on as their Liverpool colleagues are buried in the stinking load, while Arshavin's Arsenal team-mate Emmanuel Eboué breaks into a broad grin.
The spoof clip has been viewed over 123,000 times in the 48 hours since it was posted.
The creator, known as AndreiSaysShhh, said the clip was "a video I made about the little Russian magician Andrei Arshavin."
Fans of the video described it as "the best I have ever seen" and "so simple, yet so brilliant."
One comment, from LarBennon, read: "I'm a Liverpool fan, and I've got to say I found that hilarious.
"Here's to hoping he's scored his last goal against us!"