BFUSD / QNT ratio and spread
1 BFUSD = 0.0050924 QNT. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.000 and the correlation between the legs is 0.08.
If you hold BFUSD · If you hold QNT
BFUSD is cheaper against QNT than in 4 % of the time over 1.2 years. If you hold QNT, this is worth a look at rotating into BFUSD.
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Key numbers
over 435 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 BFUSD and QNT moved in opposite directions. A pair trade assumes the legs move together, so this combination does not qualify as one.
The spread is at 0.96 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 3 days, so a divergence here tends to resolve within weeks rather than months.
The current ratio sits near the bottom of its range — only 12% of the way from the low to the high of the last 435 daily candles.
When this happened before
Divergences over 256 candles: 6. Closed by a return to the norm: 6. The median return took 9 days, the longest one 17 days.
The last closed one ran from 15.09.2026 to 30.09.2026, 15 days: peak z = 2.03, BFUSD was expensive against QNT.
For a holder this answers not “what to do” but “how long it usually took”: the median return is 9 days. That is no guarantee — past divergences closed, this one may not.
| Period | Expensive leg | Peak z | Return |
|---|---|---|---|
| 15.09.2026 — 30.09.2026 | BFUSD | 2.03 | 15 d |
| 20.08.2026 — 06.09.2026 | BFUSD | 3.54 | 17 d |
| 15.08.2026 — 17.08.2026 | BFUSD | 2.78 | 2 d |
| 10.07.2026 — 11.07.2026 | QNT | -2.01 | 1 d |
| 09.06.2026 — 11.06.2026 | QNT | -2.02 | 2 d |
A divergence here is the spread z-score leaving ±2σ; the return is the first value back inside ±0.5σ. Two thresholds rather than one: otherwise chatter right at the border would count as a dozen separate divergences. The first bars of the window are skipped — there z is computed on partial history.
Frequently asked
How many QNT is 1 BFUSD?
1 BFUSD is worth 0.00509244 QNT at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the BFUSD/QNT range?
Over the last 435 daily candles the ratio traded between 0.00340475 (01.10.2026) and 0.0175421 (18.08.2026).
Are BFUSD and QNT correlated?
The correlation of daily log returns between BFUSD and QNT is 0.08, 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 BFUSD/QNT spread z-score now?
The z-score is 0.96 — 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 BFUSD/QNT 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.
How often do BFUSD and QNT diverge?
Over 256 daily candles the spread left ±2σ 6 times. The median return to the norm took 9 days.
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.