ERA / RLC ratio and spread
1 ERA = 0.0894917 RLC. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.309 and the correlation between the legs is 0.39.
If you hold ERA · If you hold RLC
ERA is cheaper against RLC than in 0 % of the time over 1.0 years. If you hold RLC, this is worth a look at rotating into ERA.
Sign in to keep favourite pairs.
Alerts
Sign in to set your own alerts.
Key numbers
over 377 daily candles
How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.
What the numbers say
The legs barely move together: correlation of daily log returns is only 0.39. A spread built on such a weak link reverts by coincidence rather than by mechanism.
The spread currently sits at -5.71 standard deviations from its rolling mean — ERA is cheap relative to RLC by the standards of this window.
The spread has not shown mean reversion over the sample: estimates longer than the available history are discarded rather than reported. Trading this pair on reversion has no statistical footing here.
The current ratio sits near the bottom of its range — only 2% of the way from the low to the high of the last 377 daily candles.
Frequently asked
How many RLC is 1 ERA?
1 ERA is worth 0.0894917 RLC at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the ERA/RLC range?
Over the last 377 daily candles the ratio traded between 0.0715388 (09.10.2026) and 0.833333 (12.10.2025).
Are ERA and RLC correlated?
The correlation of daily log returns between ERA and RLC is 0.39, 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 ERA/RLC spread z-score now?
The z-score is -5.71 — 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 ERA/RLC suitable for a pair trade?
Not on a reversion thesis. The spread has not returned to its mean within the available history, so there is nothing to trade back to.
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.