| 1. Round | 23/07/2023 | FK Rudar Pljevlja | - | FK Arsenal | 0:1 |  |
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| 2. Round | 30/07/2023 | FK Arsenal | - | FK Jezero | 2:2 | |
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| 3. Round | 06/08/2023 | FK Sutjeska | - | FK Arsenal | 2:2 | ||||
| 4. Round | 12/08/2023 | FK Mornar | - | FK Arsenal | 0:1 | ||||
| 5. Round | 20/08/2023 | FK Arsenal | - | Jedinstvo Bijelo Polje | 2:2 | |
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| 6. Round | 26/08/2023 | FK Budućnost Podgorica | - | FK Arsenal | 2:0 | ||||
| 7. Round | 03/09/2023 | FK Arsenal | - | OFK Petrovac | 2:2 | |
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| 8. Round | 16/09/2023 | OFK Mladost DG | - | FK Arsenal | 2:1 | |
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| 9. Round | 23/09/2023 | FK Arsenal | - | FK Dečić Tuzi | 0:1 | ||||
| 10. Round | 27/09/2023 | FK Arsenal | - | FK Rudar Pljevlja | 2:0 | ||||
| 12. Round | 07/10/2023 | FK Arsenal | - | FK Sutjeska | 1:1 | |
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| 13. Round | 21/10/2023 | FK Arsenal | - | FK Mornar | 2:2 | |
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| 14. Round | 28/10/2023 | Jedinstvo Bijelo Polje | - | FK Arsenal | 3:2 | ||||
| 15. Round | 05/11/2023 | FK Arsenal | - | FK Budućnost Podgorica | 1:1 | ||||
| 16. Round | 11/11/2023 | OFK Petrovac | - | FK Arsenal | 1:1 | |
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| 17. Round | 26/11/2023 | FK Arsenal | - | OFK Mladost DG | 0:2 | |
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| 18. Round | 02/12/2023 | FK Dečić Tuzi | - | FK Arsenal | 0:1 | |
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| 19. Round | 09/12/2023 | FK Rudar Pljevlja | - | FK Arsenal | 2:0 | |
Montenegro