PAIR.TRADING

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0.0107387 CRCLB

U = 1.0002 USDT
CRCLB = 93.14 USDT

export 1d data

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

U / CRCLB ratio and spread

1 U = 0.0107387 CRCLB. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.002 and the correlation between the legs is -0.24.

Set an alert on this pair The spread z-score is 0.87 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β -0.002
Spread z-score 0.87
Correlation -0.24
Half-life 6.3 1d
β is negative: the legs moved in opposite directions, so this does not work as a pair.

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Key numbers

Current ratio0.0107387
Change 1d-3.64%
Change 7d10.60%
Change 30d-22.25%
Period high0.0164211
Period low0.00945959
Hedge ratio β-0.002
Spread z-score0.87
Correlation-0.24
Half-life6 d

over 97 daily candles

What the numbers say

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

The spread is at 0.87 standard deviations from its rolling mean, which is effectively at its own norm.

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 18% of the way from the low to the high of the last 97 daily candles.

Frequently asked

How many CRCLB is 1 U?

1 U is worth 0.0107387 CRCLB at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the U/CRCLB range?

Over the last 97 daily candles the ratio traded between 0.00945959 (07.09.2026) and 0.0164211 (18.07.2026).

Are U and CRCLB correlated?

The correlation of daily log returns between U and CRCLB is -0.24, 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/CRCLB spread z-score now?

The z-score is 0.87 — 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 U/CRCLB 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.

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