Bilic's side effectively ended their rivals' hopes last season with a 1-0 win at the London Stadium in May.
With that derby victory still fresh in the mind, the Hammers boss wants a repeat performance against the team he concedes is the best footballing side in the Premier League.
"For me they are the team that plays the most attractive football and for me they are definitely one of the contenders to win the league," he said.
"They have patterns, they have individual quality, they have pace and they are a team building up for three years now, they are improving the team.