PAIR.TRADING
↔

Press space to swap the legs.

110267.64 PEPE
MET = 0.45 USDT
PEPE = 0 USDT

MET / PEPE ratio and spread

1 MET = 110267.64 PEPE. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.041 and the correlation between the legs is 0.41.

Set an alert on this pair The spread z-score is 2.99 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts

If you hold MET · If you hold PEPE

Hedge ratio β 1.041
Spread z-score 2.99
Correlation 0.41
Half-life 27.7 1d
The spread is beyond +2σ: historically such a divergence closed in about 28 days.

Sign in to keep favourite pairs.

Alerts

Sign in to set your own alerts.

Key numbers

Current ratio110268
Change 1d43.74%
Change 7d48.13%
Change 30d101.98%
Period high110268
Period low35363.3
Hedge ratio β1.041
Spread z-score2.99
Correlation0.41
Half-life28 d

over 330 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.41, with a hedge ratio of 1.04. Signals from this pair carry more noise than on a tightly linked one.

The spread currently sits at 2.99 standard deviations above its rolling mean — MET is expensive relative to PEPE by the standards of this window.

Historically the spread covers half the way back to its mean in about 28 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits in the upper part of its range — 100% of the way from the low to the high of the last 330 daily candles.

Frequently asked

How many PEPE is 1 MET?

1 MET is worth 110268 PEPE at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the MET/PEPE range?

Over the last 330 daily candles the ratio traded between 35363.3 (07.06.2026) and 110268 (08.10.2026).

Are MET and PEPE correlated?

The correlation of daily log returns between MET and PEPE is 0.41, 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 MET/PEPE spread z-score now?

The z-score is 2.99 — 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 MET/PEPE suitable for a pair trade?

The mechanics hold up: correlation is 0.41 and the spread historically covers half the way back to its mean in about 28 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.

Converter

MET
PEPE