The Premier League sides will pit their wits against one another at the Wanda Metropolitano in Madrid on Saturday, June 1.
With the game taking place three weeks after the end of the Premier League season, Carragher has voiced his concerns.
Spurs have somehow managed to reach the final despite seeing their decimated by injuries in the later stages of the season.
Harry Kane suffered a nasty-looking injury in the first leg against Manchester City, while Dele Alli has also suffered with muscle strains this season.
And the former England international believes the long delay will help the Londoners.
The Kop idol told The Anfield Wrap: It’s a weird one really. You normally go away and that’s what Liverpool have done – going to Marbella.
“No-one’s been able to give me a reason why the Champions League is three weeks after the league campaign.
“It’s normally two weeks, where you have the FA Cup then the week after is the Champions League.
“That’s p***ed me off a little bit that to be honest. I think it probably helps Spurs more than us, I would say.
“I think they’ve got bigger injury problems than us, certainly with Harry Kane, Harry Winks, other little knocks they had towards the end of the season.