PAIR.TRADING

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1.61E-5 BNB

BABY = 0.01236 USDT
BNB = 765.79 USDT

export 1d data

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

BABY / BNB ratio and spread

1 BABY = 1.61E-5 BNB. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.847 and the correlation between the legs is 0.43.

Set an alert on this pair The spread z-score is -1.23 right now. Get a message when it reaches your level — instead of watching the chart.
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If you hold BABY · If you hold BNB

BABY is cheaper against BNB than in 4 % of the time over 1.5 years. If you hold BNB, this is worth a look at rotating into BABY.

Hedge ratio β 0.847
Spread z-score -1.23
Percentile, 1.5 y 4
Correlation 0.43
Half-life 102.8 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio0.000016140195092649
Change 1d3.56%
Change 7d7.12%
Change 30d-11.68%
Period high0.000302675
Period low0.000014777918432495
Hedge ratio β0.847
Spread z-score-1.23
Correlation0.43
Half-life103 d

over 532 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.43, with a hedge ratio of 0.85. Signals from this pair carry more noise than on a tightly linked one.

The spread is at -1.23 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.

Reversion is slow: the spread needs roughly 103 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 near the bottom of its range — only 0% of the way from the low to the high of the last 532 daily candles.

Frequently asked

How many BNB is 1 BABY?

1 BABY is worth 0.000016140195092649 BNB at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the BABY/BNB range?

Over the last 532 daily candles the ratio traded between 0.000014777918432495 (17.09.2026) and 0.000302675 (12.04.2025).

Are BABY and BNB correlated?

The correlation of daily log returns between BABY and BNB is 0.43, 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 BABY/BNB spread z-score now?

The z-score is -1.23 — 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 BABY/BNB suitable for a pair trade?

The mechanics hold up: correlation is 0.43 and the spread historically covers half the way back to its mean in about 103 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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