PAIR.TRADING
↔

Press space to swap the legs.

6.102 TRX
ATOM = 2.027 USDT
TRX = 0.332 USDT

ATOM / TRX ratio and spread

1 ATOM = 6.102 TRX. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.948 and the correlation between the legs is 0.41.

Set an alert on this pair The spread z-score is 0.30 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts

If you hold ATOM · If you hold TRX

Hedge ratio β -0.948
Spread z-score 0.30
Percentile, 1.0 y 29
Correlation 0.41
Half-life 22.5 1d
β is negative: the legs moved in opposite directions, so this does not work as a pair.

Sign in to keep favourite pairs.

Alerts

Sign in to set your own alerts.

Key numbers

Current ratio6.10175
Change 1d18.64%
Change 7d19.64%
Change 30d2.36%
Period high12.5846
Period low3.76556
Hedge ratio β-0.948
Spread z-score0.30
Correlation0.41
Half-life23 d

over 376 daily candles

What the numbers say

The fitted hedge ratio is negative: over the window ATOM 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 0.30 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 23 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 26% of the way from the low to the high of the last 376 daily candles.

Frequently asked

How many TRX is 1 ATOM?

1 ATOM is worth 6.10175 TRX at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the ATOM/TRX range?

Over the last 376 daily candles the ratio traded between 3.76556 (01.08.2026) and 12.5846 (03.10.2025).

Are ATOM and TRX correlated?

The correlation of daily log returns between ATOM and TRX is 0.41, 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 ATOM/TRX spread z-score now?

The z-score is 0.30 — 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 ATOM/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.

Converter

ATOM
TRX