PAIR.TRADING

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0.4082135 HBAR

BANK = 0.0332 USDT
HBAR = 0.08133 USDT

export 1d data

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

BANK / HBAR ratio and spread

1 BANK = 0.4082135 HBAR. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.104 and the correlation between the legs is 0.10.

Set an alert on this pair The spread z-score is -0.27 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β -0.104
Spread z-score -0.27
Correlation 0.10
Half-life 15.6 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 ratio0.408213
Change 1d8.22%
Change 7d10.52%
Change 30d-15.18%
Period high8.46855
Period low0.294911
Hedge ratio β-0.104
Spread z-score-0.27
Correlation0.10
Half-life16 d

over 312 daily candles

What the numbers say

The fitted hedge ratio is negative: over the window BANK and HBAR moved in opposite directions. A pair trade assumes the legs move together, so this combination does not qualify as one.

The spread is at -0.27 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 16 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits near the bottom of its range — only 1% of the way from the low to the high of the last 312 daily candles.

Frequently asked

How many HBAR is 1 BANK?

1 BANK is worth 0.408213 HBAR at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the BANK/HBAR range?

Over the last 312 daily candles the ratio traded between 0.294911 (23.11.2025) and 8.46855 (27.07.2026).

Are BANK and HBAR correlated?

The correlation of daily log returns between BANK and HBAR is 0.10, 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 BANK/HBAR spread z-score now?

The z-score is -0.27 — 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 BANK/HBAR 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.

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