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Speaking on his current role at City, Caballero told Sky Sports: "It's fantastic. I started the season playing but when Claudio arrived I thought he was going to be No 1. He played a lot good games.
"Before the game with West Ham I had a meeting with the manager and he told me he put me in the starting XI.
"Now we are in a constant state of evolution; we have to catch crosses, play well with feet and try to build our situation. That is fantastic.
"It's both exciting and scary, I feel my heart and skin when I receive a ball. Of course I'm excited and scared but those emotions make me feel alive."
Pep Guardiola was asked about City’s current goalkeeping situation in his press conference on Friday and was full of praise for both of his shot-stoppers.
Jonathan Smith of ESPN reports: “Pep Guardiola has defended the quality of Claudio Bravo but has not decided whether he will bring back the goalkeeper for Manchester City's trip to Bournemouth on Monday night.
“Caballero has been beaten just once, with City winning all three matches, but Guardiola said improvements by his back-four has put less pressure on his keeper.
“"I think the last game we were more stable and we played good because of our defensive movements, our build up, our high pressing so the goalkeeper suffered less," he told a news conference.
“"My opinion of Claudio remains the same. He's a top player, a top goalkeeper, one of the best in the world. His history and long career speaks for itself.
“"Football here is particular, more crosses, more special things but of course he is a top, top goalkeeper. For me, there are no doubts about that. The decision I take is what I see. That is why I am here and it is what it is."”
Finally, the Daily Telegraph have linked City with a move for Tottenham and England full-back Kyle Walker as part of Guardiola’s ‘revolution’ of the squad.
Sam Wallace writes: “City have a rebuilding job with 11 of their first-team squad over the age of 30, including Vincent Kompany, Zabaleta, Aleksandar Kolarov, Gaël Clichy, Fernandinho, Jesús Navas, Nolito, Bravo, Caballero and David Silva.
“City may even test Tottenham’s resolve to keep Kyle Walker.”
Claudio Bravo and Willy Caballero battling for starting spot.
Manchester City manager Pep Guardiola says he has a fully fit squad ahead of Monday's trip to Bournemouth