PAIR.TRADING
↔

Press space to swap the legs.

4.951 U
PROM = 4.954 USDT
U = 1.001 USDT

PROM / U ratio and spread

1 PROM = 4.951 U. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -665.466 and the correlation between the legs is -0.07.

Set an alert on this pair The spread z-score is 2.04 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts

If you hold PROM · If you hold U

Hedge ratio β -665.466
Spread z-score 2.04
Correlation -0.07
Half-life 16.9 1d
β is negative: the legs moved in opposite directions, so this does not work as a pair.

Sign in to keep favourite pairs.

Alerts

Sign in to set your own alerts.

Key numbers

Current ratio4.95103
Change 1d-11.32%
Change 7d-7.64%
Change 30d-10.40%
Period high8.27442
Period low0.992305
Hedge ratio β-665.466
Spread z-score2.04
Correlation-0.07
Half-life17 d

over 278 daily candles

What the numbers say

The fitted hedge ratio is negative: over the window PROM and U moved in opposite directions. A pair trade assumes the legs move together, so this combination does not qualify as one.

The spread currently sits at 2.04 standard deviations above its rolling mean — PROM is expensive relative to U 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 mid-range — 54% of the way from the low to the high of the last 278 daily candles.

Frequently asked

How many U is 1 PROM?

1 PROM is worth 4.95103 U at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the PROM/U range?

Over the last 278 daily candles the ratio traded between 0.992305 (30.03.2026) and 8.27442 (13.01.2026).

Are PROM and U correlated?

The correlation of daily log returns between PROM and U is -0.07, 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 PROM/U spread z-score now?

The z-score is 2.04 — 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 PROM/U suitable for a pair trade?

No. The fitted hedge ratio is negative, meaning the legs moved in opposite directions over the window — the market-neutral construction that pair trading relies on does not hold here.

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

PROM
U