PAIR.TRADING

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0.1379414 U

ARB = 0.1379 USDT
U = 0.9997 USDT

export 1d data

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

ARB / U ratio and spread

1 ARB = 0.1379414 U. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -248.906 and the correlation between the legs is -0.07.

Set an alert on this pair The spread z-score is 1.68 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β -248.906
Spread z-score 1.68
Correlation -0.07
Half-life 10.7 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 ratio0.137941
Change 1d-5.80%
Change 7d-33.27%
Change 30d81.87%
Period high0.224955
Period low0.0745031
Hedge ratio β-248.906
Spread z-score1.68
Correlation-0.07
Half-life11 d

over 244 daily candles

What the numbers say

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

The spread is at 1.68 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.

Historically the spread covers half the way back to its mean in about 11 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 42% of the way from the low to the high of the last 244 daily candles.

Frequently asked

How many U is 1 ARB?

1 ARB is worth 0.137941 U at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the ARB/U range?

Over the last 244 daily candles the ratio traded between 0.0745031 (28.06.2026) and 0.224955 (14.01.2026).

Are ARB and U correlated?

The correlation of daily log returns between ARB and U is -0.07, 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 ARB/U spread z-score now?

The z-score is 1.68 — 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 ARB/U 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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