The United midfielder has experienced both sides of a race for the league crown - the ecstasy of winning it ten times but also, albeit on fewer occasions, the agony of narrowly missing out. He's therefore more qualified than most to assess the current state of play at the top of the table.
"Obviously both teams won today so we are still where we were," said Scholes, at last night's Football Writers' Association dinner in his and Gary Neville's honour.
"I think we had the tougher game because it is always more difficult to go away, and we've got the three points."
Being on the shoulder of the pace-setter is a position that Scholes is happy with at this stage of the race, with each Manchester club still having 16 league games left to play.
"There's still three months of the season to go and hopefully we'll be in the right place when the time comes," Scholes added.
"Obviously City are going well at the minute but we are only three points behind and funny things can happen towards the end of the season. We just have to make sure we look after ourselves and get the right results."
Scholes' substitute appearance at Arsenal - he came on six minutes before Danny Welbeck's late winner - means he has played in every United game since coming out of retirement, all three of them resulting in victories.
"I don't think I've had too big an effect," said Scholes modestly, who credits his smooth return to never having left Carrington.