PAIR.TRADING
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0.0696982 NEAR
0G = 0.3441 USDT
NEAR = 4.937 USDT

0G / NEAR ratio and spread

1 0G = 0.0696982 NEAR. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.030 and the correlation between the legs is 0.36.

Set an alert on this pair The spread z-score is 0.27 right now. Get a message when it reaches your level — instead of watching the chart.
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If you hold 0G · If you hold NEAR

0G is cheaper against NEAR than in 3 % of the time over 1.0 years. If you hold NEAR, this is worth a look at rotating into 0G.

Hedge ratio β -0.030
Spread z-score 0.27
Percentile, 1.0 y 3
Correlation 0.36
Half-life 73.9 1d
β is negative: the legs moved in opposite directions, so this does not work as a pair.

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Key numbers

Current ratio0.0696982
Change 1d42.87%
Change 7d27.26%
Change 30d-21.56%
Period high1.33827
Period low0.0487832
Hedge ratio β-0.030
Spread z-score0.27
Correlation0.36
Half-life74 d

over 366 daily candles

What the numbers say

The fitted hedge ratio is negative: over the window 0G and NEAR moved in opposite directions. A pair trade assumes the legs move together, so this combination does not qualify as one.

The spread is at 0.27 standard deviations from its rolling mean, which is effectively at its own norm.

Reversion is slow: the spread needs roughly 74 days to cover half the way back to its mean. A position would have to be held for a long time.

The current ratio sits near the bottom of its range — only 2% of the way from the low to the high of the last 366 daily candles.

Frequently asked

How many NEAR is 1 0G?

1 0G is worth 0.0696982 NEAR at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the 0G/NEAR range?

Over the last 366 daily candles the ratio traded between 0.0487832 (28.09.2026) and 1.33827 (29.09.2025).

Are 0G and NEAR correlated?

The correlation of daily log returns between 0G and NEAR is 0.36, which counts as a weak link. Log returns are used rather than prices: two rising assets correlate almost by default, joint day-to-day movement is what matters.

What is the 0G/NEAR spread z-score now?

The z-score is 0.27 — the spread is within its usual range. It measures how far the regression residual log(A) − β·log(B) sits from its rolling mean, in standard deviations.

Is 0G/NEAR suitable for a pair trade?

No. The fitted hedge ratio is negative, meaning the legs moved in opposite directions over the window — the market-neutral construction that pair trading relies on does not hold here.

Related pairs

Other pairs sharing a leg with this one.

All figures are computed from exchange data and describe past behaviour. Nothing here is investment advice.

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