GLMR / MUBARAK ratio and spread
1 GLMR = 0.1441549 MUBARAK. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.244 and the correlation between the legs is 0.36.
If you hold GLMR · If you hold MUBARAK
GLMR is cheaper against MUBARAK than in 3 % of the time over 1.5 years. If you hold MUBARAK, this is worth a look at rotating into GLMR.
Sign in to keep favourite pairs.
Alerts
Sign in to set your own alerts.
Key numbers
over 557 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 0.36. A spread built on such a weak link reverts by coincidence rather than by mechanism.
The spread is at -1.79 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.
Reversion is slow: the spread needs roughly 140 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 2% of the way from the low to the high of the last 557 daily candles.
Frequently asked
How many MUBARAK is 1 GLMR?
1 GLMR is worth 0.144155 MUBARAK at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the GLMR/MUBARAK range?
Over the last 557 daily candles the ratio traded between 0.0856004 (23.09.2026) and 2.79468 (19.04.2025).
Are GLMR and MUBARAK correlated?
The correlation of daily log returns between GLMR and MUBARAK is 0.36, 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 GLMR/MUBARAK spread z-score now?
The z-score is -1.79 — 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 GLMR/MUBARAK suitable for a pair trade?
Weakly. Correlation is only 0.36, so the legs do not reliably move together and the spread carries mostly idiosyncratic noise.
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.