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2589.77 MUBARAK

AAVE = 141.22 USDT
MUBARAK = 0.05 USDT

export 1d data

Derived series only: the ratio of the two legs and the spread z-score. Exchange candles are not included.

AAVE / MUBARAK ratio and spread

1 AAVE = 2589.77 MUBARAK. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.839 and the correlation between the legs is 0.45.

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Hedge ratio β 0.839
Spread z-score -2.05
Correlation 0.45
Half-life 38.2 1d
The spread is beyond −2σ: historically such a divergence closed in about 38 days.

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Key numbers

Current ratio2589.77
Change 1d-37.25%
Change 7d-39.61%
Change 30d-55.70%
Period high12251
Period low2589.77
Hedge ratio β0.839
Spread z-score-2.05
Correlation0.45
Half-life38 d

over 359 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.45, with a hedge ratio of 0.84. Signals from this pair carry more noise than on a tightly linked one.

The spread currently sits at -2.05 standard deviations from its rolling mean — AAVE is cheap relative to MUBARAK by the standards of this window.

Reversion is slow: the spread needs roughly 38 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 0% of the way from the low to the high of the last 359 daily candles.

Frequently asked

How many MUBARAK is 1 AAVE?

1 AAVE is worth 2589.77 MUBARAK at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the AAVE/MUBARAK range?

Over the last 359 daily candles the ratio traded between 2589.77 (22.09.2026) and 12251 (16.12.2025).

Are AAVE and MUBARAK correlated?

The correlation of daily log returns between AAVE and MUBARAK is 0.45, which counts as a moderate 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 AAVE/MUBARAK spread z-score now?

The z-score is -2.05 — the spread is stretched beyond two standard deviations. It measures how far the regression residual log(A) − β·log(B) sits from its rolling mean, in standard deviations.

Is AAVE/MUBARAK suitable for a pair trade?

The mechanics hold up: correlation is 0.45 and the spread historically covers half the way back to its mean in about 38 days. That is a description of past behaviour, not a forecast or a recommendation.

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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