↔

Press space to swap the legs.

0.4345067 NEAR

U = 0.9998 USDT

NEAR = 2.301 USDT

CSV JSON MD

export 1d data

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

U / NEAR ratio and spread

1 U = 0.4345067 NEAR. 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 -0.07.

Set an alert on this pair The spread z-score is -1.27 right now. Get a message when it reaches your level — instead of watching the chart.

Free alerts

Hedge ratio β 0.000

Spread z-score -1.27

Correlation -0.07

Half-life 7.8 1d

The spread is within ±2σ — the pair is near its own norm.

Alerts

Key numbers

Current ratio0.434507

Change 1d5.30%

Change 7d8.59%

Change 30d-28.66%

Period high1.00745

Period low0.324393

Hedge ratio β0.000

Spread z-score-1.27

Correlation-0.07

Half-life8 d

over 244 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 -0.07. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at -1.27 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 near the bottom of its range — only 16% of the way from the low to the high of the last 244 daily candles.

Frequently asked

How many NEAR is 1 U?

1 U is worth 0.434507 NEAR at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the U/NEAR range?

Over the last 244 daily candles the ratio traded between 0.324393 (03.06.2026) and 1.00745 (24.02.2026).

Are U and NEAR correlated?

The correlation of daily log returns between U and NEAR is -0.07, 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/NEAR spread z-score now?

The z-score is -1.27 — 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/NEAR suitable for a pair trade?

Weakly. Correlation is only -0.07, 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.