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7.8E-6 QNT
CKB = 0.00186 USDT
QNT = 237.93 USDT

CKB / QNT ratio and spread

1 CKB = 7.8E-6 QNT. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.490 and the correlation between the legs is 0.34.

Set an alert on this pair The spread z-score is -0.16 right now. Get a message when it reaches your level — instead of watching the chart.
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If you hold CKB · If you hold QNT

CKB is cheaper against QNT than in 4 % of the time over 1.0 years. If you hold QNT, this is worth a look at rotating into CKB.

Hedge ratio β 0.490
Spread z-score -0.16
Percentile, 1.0 y 4
Correlation 0.34
Half-life 80.8 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio0.000007817425293153
Change 1d28.61%
Change 7d49.94%
Change 30d-55.55%
Period high0.000047126716073381
Period low0.000004492659831738
Hedge ratio β0.490
Spread z-score-0.16
Correlation0.34
Half-life81 d

over 379 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.34. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at -0.16 standard deviations from its rolling mean, which is effectively at its own norm.

Reversion is slow: the spread needs roughly 81 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 near the bottom of its range — only 8% of the way from the low to the high of the last 379 daily candles.

Frequently asked

How many QNT is 1 CKB?

1 CKB is worth 0.000007817425293153 QNT at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the CKB/QNT range?

Over the last 379 daily candles the ratio traded between 0.000004492659831738 (01.10.2026) and 0.000047126716073381 (30.10.2025).

Are CKB and QNT correlated?

The correlation of daily log returns between CKB and QNT is 0.34, 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 CKB/QNT spread z-score now?

The z-score is -0.16 — 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/QNT suitable for a pair trade?

Weakly. Correlation is only 0.34, 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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