PAIR.TRADING

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1.0E-7 BTC

BABY = 0.01227 USDT
BTC = 84279.49 USDT

export 1d data

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

BABY / BTC ratio and spread

1 BABY = 1.0E-7 BTC. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 2.630 and the correlation between the legs is 0.42.

Set an alert on this pair The spread z-score is -2.06 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 BTC

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

Hedge ratio β 2.630
Spread z-score -2.06
Percentile, 1.5 y 4
Correlation 0.42
Half-life 30.1 1d
The spread is beyond −2σ: historically such a divergence closed in about 30 days.

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Key numbers

Current ratio0.000000145587022418
Change 1d1.22%
Change 7d2.65%
Change 30d-11.09%
Period high0.000002115709213666
Period low0.000000138650521475
Hedge ratio β2.630
Spread z-score-2.06
Correlation0.42
Half-life30 d

over 532 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.42, with a hedge ratio of 2.63. Signals from this pair carry more noise than on a tightly linked one.

The spread currently sits at -2.06 standard deviations from its rolling mean — BABY is cheap relative to BTC by the standards of this window.

Reversion is slow: the spread needs roughly 30 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 BTC is 1 BABY?

1 BABY is worth 0.000000145587022418 BTC at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the BABY/BTC range?

Over the last 532 daily candles the ratio traded between 0.000000138650521475 (04.09.2026) and 0.000002115709213666 (12.04.2025).

Are BABY and BTC correlated?

The correlation of daily log returns between BABY and BTC is 0.42, 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/BTC spread z-score now?

The z-score is -2.06 — the spread is stretched beyond two standard deviations. It measures how far the regression residual log(A) − β·log(B) sits from its rolling mean, in standard deviations.

Is BABY/BTC suitable for a pair trade?

The mechanics hold up: correlation is 0.42 and the spread historically covers half the way back to its mean in about 30 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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