PAIR.TRADING

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87.07 XPL

UNI = 8.9 USDT
XPL = 0.1 USDT

export 1d data

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

UNI / XPL ratio and spread

1 UNI = 87.07 XPL. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.387 and the correlation between the legs is 0.51.

Set an alert on this pair The spread z-score is 2.37 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 0.387
Spread z-score 2.37
Correlation 0.51
Half-life 240.6 1d
The spread is beyond +2σ: historically such a divergence closed in about 241 days.

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Key numbers

Current ratio87.0744
Change 1d-4.48%
Change 7d11.42%
Change 30d113.43%
Period high93.9628
Period low5.05351
Hedge ratio β0.387
Spread z-score2.37
Correlation0.51
Half-life241 d

over 358 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.51, with a hedge ratio of 0.39. Signals from this pair carry more noise than on a tightly linked one.

The spread currently sits at 2.37 standard deviations above its rolling mean — UNI is expensive relative to XPL by the standards of this window.

Reversion is slow: the spread needs roughly 241 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 — 92% of the way from the low to the high of the last 358 daily candles.

Frequently asked

How many XPL is 1 UNI?

1 UNI is worth 87.0744 XPL at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the UNI/XPL range?

Over the last 358 daily candles the ratio traded between 5.05351 (29.09.2025) and 93.9628 (19.09.2026).

Are UNI and XPL correlated?

The correlation of daily log returns between UNI and XPL is 0.51, which counts as a moderate 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/XPL spread z-score now?

The z-score is 2.37 — 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/XPL suitable for a pair trade?

The mechanics hold up: correlation is 0.51 and the spread historically covers half the way back to its mean in about 241 days. That is a description of past behaviour, not a forecast or a recommendation.

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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