PAIR.TRADING
↔

Press space to swap the legs.

1.73 BABY
RARE = 0.024 USDT
BABY = 0.014 USDT

RARE / BABY ratio and spread

1 RARE = 1.73 BABY. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.990 and the correlation between the legs is 0.31.

Set an alert on this pair The spread z-score is 1.19 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts

If you hold RARE · If you hold BABY

Hedge ratio β 0.990
Spread z-score 1.19
Correlation 0.31
Half-life 7.3 1d
The spread is within ±2σ — the pair is near its own norm.

Sign in to keep favourite pairs.

Alerts

Sign in to set your own alerts.

Key numbers

Current ratio1.73004
Change 1d70.10%
Change 7d58.96%
Change 30d64.16%
Period high1.77343
Period low0.538342
Hedge ratio β0.990
Spread z-score1.19
Correlation0.31
Half-life7 d

over 363 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.31. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at 1.19 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.

Historically the spread covers half the way back to its mean in about 7 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits in the upper part of its range — 96% of the way from the low to the high of the last 363 daily candles.

Frequently asked

How many BABY is 1 RARE?

1 RARE is worth 1.73004 BABY at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the RARE/BABY range?

Over the last 363 daily candles the ratio traded between 0.538342 (05.06.2026) and 1.77343 (18.01.2026).

Are RARE and BABY correlated?

The correlation of daily log returns between RARE and BABY is 0.31, 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 RARE/BABY spread z-score now?

The z-score is 1.19 — 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 RARE/BABY suitable for a pair trade?

Weakly. Correlation is only 0.31, 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.

Converter

RARE
BABY