PAIR.TRADING

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720.31 BABY

UNI = 9.22 USDT
BABY = 0.01 USDT

export 1d data

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

UNI / BABY ratio and spread

1 UNI = 720.31 BABY. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.523 and the correlation between the legs is 0.33.

Set an alert on this pair The spread z-score is 2.28 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 0.523
Spread z-score 2.28
Correlation 0.33
Half-life 197.4 1d
The spread is beyond +2σ: historically such a divergence closed in about 197 days.

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Key numbers

Current ratio720.312
Change 1d-3.07%
Change 7d26.40%
Change 30d97.55%
Period high762.178
Period low102.407
Hedge ratio β0.523
Spread z-score2.28
Correlation0.33
Half-life197 d

over 359 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.33. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread currently sits at 2.28 standard deviations above its rolling mean — UNI is expensive relative to BABY by the standards of this window.

Reversion is slow: the spread needs roughly 197 days to cover half the way back to its mean. A position would have to be held for a long time.

The current ratio sits in the upper part of its range — 94% of the way from the low to the high of the last 359 daily candles.

Frequently asked

How many BABY is 1 UNI?

1 UNI is worth 720.312 BABY at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the UNI/BABY range?

Over the last 359 daily candles the ratio traded between 102.407 (03.05.2026) and 762.178 (19.09.2026).

Are UNI and BABY correlated?

The correlation of daily log returns between UNI and BABY is 0.33, 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 UNI/BABY spread z-score now?

The z-score is 2.28 — 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 UNI/BABY suitable for a pair trade?

Weakly. Correlation is only 0.33, 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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