PAIR.TRADING

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0.0315776 LSK
BABY = 0.01241 USDT
LSK = 0.393 USDT

BABY / LSK ratio and spread

1 BABY = 0.0315776 LSK. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.483 and the correlation between the legs is 0.19.

Set an alert on this pair The spread z-score is -2.54 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 LSK

Hedge ratio β 0.483
Spread z-score -2.54
Correlation 0.19
Half-life 23.0 1d
The spread is beyond −2σ: historically such a divergence closed in about 23 days.

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Key numbers

Current ratio0.0315776
Change 1d-23.28%
Change 7d41.16%
Change 30d-76.65%
Period high0.253137
Period low0.006095
Hedge ratio β0.483
Spread z-score-2.54
Correlation0.19
Half-life23 d

over 361 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.19. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread currently sits at -2.54 standard deviations from its rolling mean — BABY is cheap relative to LSK by the standards of this window.

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 near the bottom of its range — only 10% of the way from the low to the high of the last 361 daily candles.

Frequently asked

How many LSK is 1 BABY?

1 BABY is worth 0.0315776 LSK at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the BABY/LSK range?

Over the last 361 daily candles the ratio traded between 0.006095 (13.09.2026) and 0.253137 (05.06.2026).

Are BABY and LSK correlated?

The correlation of daily log returns between BABY and LSK is 0.19, 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 BABY/LSK spread z-score now?

The z-score is -2.54 — 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/LSK suitable for a pair trade?

Weakly. Correlation is only 0.19, so the legs do not reliably move together and the spread carries mostly idiosyncratic noise.

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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