it depends...but most of the time it doesn't work...let me explain: the victory condition against him happens when you are able to summon the hazy sphynx very early in the duel, besides that, it's necessary to increase the sphinx's attack to a minimum of 5200, cause he will not care to attack you with DD Warrior(1200 ATK), unless your monster has enough attack to defeat him(eg 5200-1200=4000 Pv)
And this is the problem, Kaiba has 3 DD Warrior to banish your sphyhnx...besides that, he has 2 Twister to destroy your trump card (Beast Rising) and if that was not enough, he can use Cost Down to summon monsters like Luster Dragon or Blue Eyes White Dragon early in duel, both originally stronger than sphynx or cebereus...
In a few words, to win you'll need a perfect hand and luck... something like:
-Play second
-Hazy Sphynx
-Beast Rising
-Soul Exchange
-Hazy Monster
-And draw another Hazy Monster
Leaving aside the possibility of him starting the duel with a twister or DD Warrior in hand, or both XDD