PAIR.TRADING

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5.207 XLM

U = 1 USDT
XLM = 0.192 USDT

export 1d data

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

U / XLM ratio and spread

1 U = 5.207 XLM. 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 -0.18.

Set an alert on this pair The spread z-score is -0.45 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 0.001
Spread z-score -0.45
Correlation -0.18
Half-life 7.4 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio5.20718
Change 1d-7.61%
Change 7d1.42%
Change 30d-16.83%
Period high6.90276
Period low3.35748
Hedge ratio β0.001
Spread z-score-0.45
Correlation-0.18
Half-life7 d

over 246 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only -0.18. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at -0.45 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 7 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 52% of the way from the low to the high of the last 246 daily candles.

Frequently asked

How many XLM is 1 U?

1 U is worth 5.20718 XLM at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the U/XLM range?

Over the last 246 daily candles the ratio traded between 3.35748 (30.05.2026) and 6.90276 (20.05.2026).

Are U and XLM correlated?

The correlation of daily log returns between U and XLM is -0.18, 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/XLM spread z-score now?

The z-score is -0.45 — 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/XLM suitable for a pair trade?

Weakly. Correlation is only -0.18, 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.

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