Barca have set an amount of €30 million (£26.4m) for the players services, but with Arsenal having hold of one their key targets, Hector Bellerin, the north-London club have a degree of leverage, leaving the La Liga giants more open to offers for their man.
Cuadrado, 29, has excelled in Italy since moving there on loan, and eventually permanently, from Chelsea.
It is no secret that Bellerin is their first choice for that position, but Arsenal do not want to sell the Catalan, who is now away with Spain's Under-21 side at the European Championship in Poland.
Bellerin started his career in Barca's La Masia academy before heading to London at the age of 16 to continue his development.
It could well be the case when it comes to trying to sign the Arsenal defender Hector Bellerin.
Barcelona has struggled to replace Dani Alves since he left the Camp Nou past year to join Juventus.
And Barca have even begun to plan for life without Bellerin, with talks underway with Portuguese champions Benfica this week over a move for Nelson Semedo.
Arsenal are said to be considering making a move for the winger and he has also been linked with a summer switch to Paris Saint-Germain and Valencia.
New coach Ernesto Valverde also has Sergi Roberto and Aleix Vidal in his squad and although the former was found out in some of the big games last season, the latter was starting to show real promise before picking up a serious injury which ruled him out for the last few months of the campaign.