PAIR.TRADING
↔

Press space to swap the legs.

43.97 RARE
U = 1 USDT
RARE = 0.02 USDT

U / RARE ratio and spread

1 U = 43.97 RARE. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.000 and the correlation between the legs is -0.08.

Set an alert on this pair The spread z-score is -1.03 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts

If you hold U · If you hold RARE

Hedge ratio β 0.000
Spread z-score -1.03
Correlation -0.08
Half-life 8.0 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 ratio43.971
Change 1d-42.38%
Change 7d-44.21%
Change 30d-39.74%
Period high87.7544
Period low29.8567
Hedge ratio β0.000
Spread z-score-1.03
Correlation-0.08
Half-life8 d

over 257 daily candles

What the numbers say

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

The spread is at -1.03 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 8 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 24% of the way from the low to the high of the last 257 daily candles.

Frequently asked

How many RARE is 1 U?

1 U is worth 43.971 RARE at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the U/RARE range?

Over the last 257 daily candles the ratio traded between 29.8567 (18.01.2026) and 87.7544 (16.09.2026).

Are U and RARE correlated?

The correlation of daily log returns between U and RARE 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/RARE spread z-score now?

The z-score is -1.03 — 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/RARE 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
RARE