UNI / MET ratio and spread
1 UNI = 17.49 MET. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.852 and the correlation between the legs is 0.37.
If you hold UNI · If you hold MET
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Key numbers
over 330 daily candles
How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.
What the numbers say
The legs barely move together: correlation of daily log returns is only 0.37. A spread built on such a weak link reverts by coincidence rather than by mechanism.
The spread is at -0.75 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 14 days, so a divergence here tends to resolve within weeks rather than months.
The current ratio sits near the bottom of its range — only 17% of the way from the low to the high of the last 330 daily candles.
Frequently asked
How many MET is 1 UNI?
1 UNI is worth 17.4907 MET at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the UNI/MET range?
Over the last 330 daily candles the ratio traded between 13.4746 (20.02.2026) and 36.882 (05.09.2026).
Are UNI and MET correlated?
The correlation of daily log returns between UNI and MET is 0.37, 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/MET spread z-score now?
The z-score is -0.75 — 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 UNI/MET suitable for a pair trade?
Weakly. Correlation is only 0.37, 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.