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3.429 SPYB

ETH = 2607.52 USDT

SPYB = 760.52 USDT

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

ETH / SPYB ratio and spread

1 ETH = 3.429 SPYB. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 3.768 and the correlation between the legs is 0.36.

Set an alert on this pair The spread z-score is 1.18 right now. Get a message when it reaches your level — instead of watching the chart.

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Hedge ratio β 3.768

Spread z-score 1.18

Correlation 0.36

Half-life 30.6 1d

The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio3.4286

Change 1d7.49%

Change 7d-1.43%

Change 30d13.49%

Period high3.47845

Period low2.34061

Hedge ratio β3.768

Spread z-score1.18

Correlation0.36

Half-life31 d

over 74 daily candles

How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.36. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at 1.18 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 31 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 — 96% of the way from the low to the high of the last 74 daily candles.

Frequently asked

How many SPYB is 1 ETH?

1 ETH is worth 3.4286 SPYB at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the ETH/SPYB range?

Over the last 74 daily candles the ratio traded between 2.34061 (09.07.2026) and 3.47845 (11.09.2026).

Are ETH and SPYB correlated?

The correlation of daily log returns between ETH and SPYB is 0.36, 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/SPYB spread z-score now?

The z-score is 1.18 — 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/SPYB suitable for a pair trade?

Weakly. Correlation is only 0.36, 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.