PAIR.TRADING

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2827.98 PEPE

BABY = 0.01 USDT
PEPE = 0 USDT

export 1d data

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

BABY / PEPE ratio and spread

1 BABY = 2827.98 PEPE. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.210 and the correlation between the legs is 0.49.

Set an alert on this pair The spread z-score is -2.67 right now. Get a message when it reaches your level — instead of watching the chart.
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BABY is cheaper against PEPE than in 1 % of the time over 1.5 years. If you hold PEPE, this is worth a look at rotating into BABY.

Hedge ratio β 1.210
Spread z-score -2.67
Percentile, 1.5 y 1
Correlation 0.49
Half-life 17.7 1d
The spread is beyond −2σ: historically such a divergence closed in about 18 days.

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Key numbers

Current ratio2827.98
Change 1d8.94%
Change 7d-10.65%
Change 30d-8.90%
Period high23977.6
Period low2497.25
Hedge ratio β1.210
Spread z-score-2.67
Correlation0.49
Half-life18 d

over 532 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.49, with a hedge ratio of 1.21. Signals from this pair carry more noise than on a tightly linked one.

The spread currently sits at -2.67 standard deviations from its rolling mean — BABY is cheap relative to PEPE by the standards of this window.

Historically the spread covers half the way back to its mean in about 18 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits near the bottom of its range — only 2% of the way from the low to the high of the last 532 daily candles.

Frequently asked

How many PEPE is 1 BABY?

1 BABY is worth 2827.98 PEPE at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the BABY/PEPE range?

Over the last 532 daily candles the ratio traded between 2497.25 (04.01.2026) and 23977.6 (12.04.2025).

Are BABY and PEPE correlated?

The correlation of daily log returns between BABY and PEPE is 0.49, 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 BABY/PEPE spread z-score now?

The z-score is -2.67 — 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 BABY/PEPE suitable for a pair trade?

The mechanics hold up: correlation is 0.49 and the spread historically covers half the way back to its mean in about 18 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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