PAIR.TRADING

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0.0940118 HBAR

G = 0.00763 USDT
HBAR = 0.08116 USDT

export 1d data

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

G / HBAR ratio and spread

1 G = 0.0940118 HBAR. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.815 and the correlation between the legs is 0.45.

Set an alert on this pair The spread z-score is 6.56 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 0.815
Spread z-score 6.56
Correlation 0.45
Half-life none
The spread does not revert to its mean — it cannot be traded on reversion.

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Key numbers

Current ratio0.0940118
Change 1d-2.65%
Change 7d83.21%
Change 30d77.96%
Period high0.0965673
Period low0.0327571
Hedge ratio β0.815
Spread z-score6.56
Correlation0.45
Half-life

over 357 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 0.81. Signals from this pair carry more noise than on a tightly linked one.

The spread currently sits at 6.56 standard deviations above its rolling mean — G is expensive relative to HBAR 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 in the upper part of its range — 96% of the way from the low to the high of the last 357 daily candles.

Frequently asked

How many HBAR is 1 G?

1 G is worth 0.0940118 HBAR at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the G/HBAR range?

Over the last 357 daily candles the ratio traded between 0.0327571 (30.05.2026) and 0.0965673 (19.09.2026).

Are G and HBAR correlated?

The correlation of daily log returns between G and HBAR 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 G/HBAR spread z-score now?

The z-score is 6.56 — 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 G/HBAR 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.

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