PAIR.TRADING

Press space to swap the legs.

42.14 COTI

U = 1 USDT
COTI = 0.02 USDT

export 1d data

Derived series only: the ratio of the two legs and the spread z-score. Exchange candles are not included.

U / COTI ratio and spread

1 U = 42.14 COTI. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.001 and the correlation between the legs is -0.08.

Set an alert on this pair The spread z-score is 2.18 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts
Hedge ratio β -0.001
Spread z-score 2.18
Correlation -0.08
Half-life 5.8 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 ratio42.1398
Change 1d-26.66%
Change 7d-19.80%
Change 30d-57.12%
Period high134.879
Period low41.1944
Hedge ratio β-0.001
Spread z-score2.18
Correlation-0.08
Half-life6 d

over 249 daily candles

What the numbers say

The fitted hedge ratio is negative: over the window U and COTI 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 2.18 standard deviations above its rolling mean — U is expensive relative to COTI by the standards of this window.

Historically the spread covers half the way back to its mean in about 6 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits near the bottom of its range — only 1% of the way from the low to the high of the last 249 daily candles.

Frequently asked

How many COTI is 1 U?

1 U is worth 42.1398 COTI at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the U/COTI range?

Over the last 249 daily candles the ratio traded between 41.1944 (19.01.2026) and 134.879 (20.07.2026).

Are U and COTI correlated?

The correlation of daily log returns between U and COTI is -0.08, 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 U/COTI spread z-score now?

The z-score is 2.18 — 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 U/COTI 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

U
COTI