PAIR.TRADING
↔

Press space to swap the legs.

8.0E-7 ETH
CKB = 0.001933 USDT
ETH = 2538.33 USDT

CKB / ETH ratio and spread

1 CKB = 8.0E-7 ETH. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.534 and the correlation between the legs is 0.70.

Set an alert on this pair The spread z-score is -0.03 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts

If you hold CKB · If you hold ETH

Hedge ratio β 1.534
Spread z-score -0.03
Percentile, 1.0 y 28
Correlation 0.70
Half-life 49.6 1d
The spread is within ±2σ — the pair is near its own norm.

Sign in to keep favourite pairs.

Alerts

Sign in to set your own alerts.

Key numbers

Current ratio0.00000076152430929
Change 1d41.00%
Change 7d56.38%
Change 30d80.95%
Period high0.000001064536947402
Period low0.000000371949521136
Hedge ratio β1.534
Spread z-score-0.03
Correlation0.70
Half-life50 d

over 378 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.70, with a hedge ratio of 1.53. Signals from this pair carry more noise than on a tightly linked one.

The spread is at -0.03 standard deviations from its rolling mean, which is effectively at its own norm.

Reversion is slow: the spread needs roughly 50 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 mid-range — 56% of the way from the low to the high of the last 378 daily candles.

Frequently asked

How many ETH is 1 CKB?

1 CKB is worth 0.00000076152430929 ETH at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the CKB/ETH range?

Over the last 378 daily candles the ratio traded between 0.000000371949521136 (19.08.2026) and 0.000001064536947402 (28.11.2025).

Are CKB and ETH correlated?

The correlation of daily log returns between CKB and ETH is 0.70, 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 CKB/ETH spread z-score now?

The z-score is -0.03 — 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 CKB/ETH suitable for a pair trade?

The mechanics hold up: correlation is 0.70 and the spread historically covers half the way back to its mean in about 50 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.

Converter

CKB
ETH