MUBARAK / API3 ratio and spread
1 MUBARAK = 0.2019926 API3. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.321 and the correlation between the legs is 0.47.
If you hold MUBARAK · If you hold API3
MUBARAK has been more expensive against API3 than now only 1 % of the time over 1.0 years. If you hold MUBARAK, this is worth a look at rotating into API3.
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Key numbers
over 373 daily candles
How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.
What the numbers say
The legs move together only moderately — correlation of daily log returns is 0.47, with a hedge ratio of 0.32. Signals from this pair carry more noise than on a tightly linked one.
The spread currently sits at 2.82 standard deviations above its rolling mean — MUBARAK is expensive relative to API3 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 mid-range — 80% of the way from the low to the high of the last 373 daily candles.
Frequently asked
How many API3 is 1 MUBARAK?
1 MUBARAK is worth 0.201993 API3 at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the MUBARAK/API3 range?
Over the last 373 daily candles the ratio traded between 0.0270489 (09.11.2025) and 0.246969 (23.09.2026).
Are MUBARAK and API3 correlated?
The correlation of daily log returns between MUBARAK and API3 is 0.47, 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 MUBARAK/API3 spread z-score now?
The z-score is 2.82 — 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 MUBARAK/API3 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.