PAIR.TRADING

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88809.46 BANK

ETH = 2628.76 USDT
BANK = 0.03 USDT

export 1d data

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

ETH / BANK ratio and spread

1 ETH = 88809.46 BANK. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.002 and the correlation between the legs is 0.14.

Set an alert on this pair The spread z-score is 1.64 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β -0.002
Spread z-score 1.64
Correlation 0.14
Half-life 41.2 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 ratio88809.5
Change 1d4.12%
Change 7d0.46%
Change 30d38.86%
Period high91301
Period low3329.82
Hedge ratio β-0.002
Spread z-score1.64
Correlation0.14
Half-life41 d

over 311 daily candles

What the numbers say

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

The spread is at 1.64 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.

Reversion is slow: the spread needs roughly 41 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 in the upper part of its range — 97% of the way from the low to the high of the last 311 daily candles.

Frequently asked

How many BANK is 1 ETH?

1 ETH is worth 88809.5 BANK at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the ETH/BANK range?

Over the last 311 daily candles the ratio traded between 3329.82 (27.07.2026) and 91301 (11.09.2026).

Are ETH and BANK correlated?

The correlation of daily log returns between ETH and BANK is 0.14, 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 ETH/BANK spread z-score now?

The z-score is 1.64 — 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 ETH/BANK 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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