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0.0374523 TRX

BABY = 0.01276 USDT

TRX = 0.3407 USDT

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

BABY / TRX ratio and spread

1 BABY = 0.0374523 TRX. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.552 and the correlation between the legs is 0.24.

Set an alert on this pair The spread z-score is 0.56 right now. Get a message when it reaches your level — instead of watching the chart.

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Hedge ratio β -0.552

Spread z-score 0.56

Correlation 0.24

Half-life 24.6 1d

β is negative: the legs moved in opposite directions, so this does not work as a pair.

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Key numbers

Current ratio0.0374523

Change 1d8.80%

Change 7d10.33%

Change 30d0.39%

Period high0.169673

Period low0.0298346

Hedge ratio β-0.552

Spread z-score0.56

Correlation0.24

Half-life25 d

over 359 daily candles

How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.

What the numbers say

The fitted hedge ratio is negative: over the window BABY 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 0.56 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 25 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits near the bottom of its range — only 5% of the way from the low to the high of the last 359 daily candles.

Frequently asked

How many TRX is 1 BABY?

1 BABY is worth 0.0374523 TRX at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the BABY/TRX range?

Over the last 359 daily candles the ratio traded between 0.0298346 (16.08.2026) and 0.169673 (03.10.2025).

Are BABY and TRX correlated?

The correlation of daily log returns between BABY and TRX is 0.24, 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/TRX spread z-score now?

The z-score is 0.56 — 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/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.