PAIR.TRADING

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18.35 TRX

UNI = 6.27 USDT
TRX = 0.34 USDT

export 1d data

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

UNI / TRX ratio and spread

1 UNI = 18.35 TRX. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -1.236 and the correlation between the legs is 0.34.

Set an alert on this pair The spread z-score is 1.96 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β -1.236
Spread z-score 1.96
Correlation 0.34
Half-life 28.9 1d
β is negative: the legs moved in opposite directions, so this does not work as a pair.

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Key numbers

Current ratio18.3538
Change 1d-3.77%
Change 7d-17.51%
Change 30d74.02%
Period high34.1965
Period low7.66883
Hedge ratio β-1.236
Spread z-score1.96
Correlation0.34
Half-life29 d

over 350 daily candles

What the numbers say

The fitted hedge ratio is negative: over the window UNI and TRX moved in opposite directions. A pair trade assumes the legs move together, so this combination does not qualify as one.

The spread is at 1.96 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 29 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 40% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many TRX is 1 UNI?

1 UNI is worth 18.3538 TRX at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the UNI/TRX range?

Over the last 350 daily candles the ratio traded between 7.66883 (06.06.2026) and 34.1965 (11.11.2025).

Are UNI and TRX correlated?

The correlation of daily log returns between UNI and TRX is 0.34, 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/TRX spread z-score now?

The z-score is 1.96 — 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/TRX suitable for a pair trade?

No. The fitted hedge ratio is negative, meaning the legs moved in opposite directions over the window — the market-neutral construction that pair trading relies on does not hold here.

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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