  We consider half-harmonic maps from $\mathbb{R}$ (or $\mathbb{S}$) to
$\mathbb{S}$. We prove that all (finite energy) half-harmonic maps are
non-degenerate. In other words, they are integrable critical points of the
energy functional. A full description of the kernel of the linearized operator
around each half-harmonic map is given. The second part of this paper devotes
to studying the quantitative stability of half-harmonic maps. When its degree
is $\pm 1$, we prove that the deviation of any map
$\boldsymbol{u}:\mathbb{R}\to \mathbb{S}$ from M\"obius transformations can be
controlled uniformly by $\|\boldsymbol{u}\|_{\dot H^{1/2}(\mathbb{R})}^2-deg
\boldsymbol{u}$. This result resembles the quantitative rigidity estimate of
degree $\pm 1$ harmonic maps $\mathbb{R}^2\to \mathbb{S}^2$ which is proved
recently. Furthermore, we address the quantitative stability for half-harmonic
maps of higher degree. We prove that if $\boldsymbol{u}$ is already near to a
Blaschke product, then the deviation of $\boldsymbol{u}$ to Blaschke products
can be controlled by $\|\boldsymbol{u}\|_{\dot H^{1/2}(\mathbb{R})}^2-deg
\boldsymbol{u}$. Additionally, a striking example is given to show that such
quantitative estimate can not be true uniformly for all $\boldsymbol{u}$ of
degree 2. We conjecture similar things happen for harmonic maps ${\mathbb
R}^2\to {\mathbb S}^2$.
