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14.11 RLUSD
NMR = 14.12 USDT
RLUSD = 1 USDT

NMR / RLUSD ratio and spread

1 NMR = 14.11 RLUSD. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 44.243 and the correlation between the legs is -0.03.

Set an alert on this pair The spread z-score is 5.67 right now. Get a message when it reaches your level — instead of watching the chart.
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If you hold NMR · If you hold RLUSD

Hedge ratio β 44.243
Spread z-score 5.67
Correlation -0.03
Half-life 16.7 1d
link broke The spread is far from its mean, but NMR and RLUSD no longer move together. This is not a stretched spring — the link broke: there is nothing to revert to, and the pair cannot be traded as a pair.

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Key numbers

Current ratio14.1129
Change 1d34.32%
Change 7d48.90%
Change 30d54.53%
Period high14.1129
Period low6.60406
Hedge ratio β44.243
Spread z-score5.67
Correlation-0.03
Half-life17 d

over 251 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only -0.03. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread currently sits at 5.67 standard deviations above its rolling mean — NMR is expensive relative to RLUSD by the standards of this window.

Historically the spread covers half the way back to its mean in about 17 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 251 daily candles.

Frequently asked

How many RLUSD is 1 NMR?

1 NMR is worth 14.1129 RLUSD at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the NMR/RLUSD range?

Over the last 251 daily candles the ratio traded between 6.60406 (30.03.2026) and 14.1129 (29.09.2026).

Are NMR and RLUSD correlated?

The correlation of daily log returns between NMR and RLUSD is -0.03, 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 NMR/RLUSD spread z-score now?

The z-score is 5.67 — 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 NMR/RLUSD suitable for a pair trade?

Weakly. Correlation is only -0.03, 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.

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NMR
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