PAIR.TRADING
↔

Press space to swap the legs.

599.51 PUMP
ICP = 3.44 USDT
PUMP = 0.01 USDT

ICP / PUMP ratio and spread

1 ICP = 599.51 PUMP. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.382 and the correlation between the legs is 0.38.

Set an alert on this pair The spread z-score is -0.41 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts

If you hold ICP · If you hold PUMP

ICP is cheaper against PUMP than in 5 % of the time over 1.0 years. If you hold PUMP, this is worth a look at rotating into ICP.

Hedge ratio β 0.382
Spread z-score -0.41
Percentile, 1.0 y 5
Correlation 0.38
Half-life 23.2 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 ratio599.512
Change 1d-1.41%
Change 7d-12.54%
Change 30d23.16%
Period high2338.32
Period low451.625
Hedge ratio β0.382
Spread z-score-0.41
Correlation0.38
Half-life23 d

over 366 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.38. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at -0.41 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 23 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits near the bottom of its range — only 8% of the way from the low to the high of the last 366 daily candles.

Frequently asked

How many PUMP is 1 ICP?

1 ICP is worth 599.512 PUMP at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the ICP/PUMP range?

Over the last 366 daily candles the ratio traded between 451.625 (23.08.2026) and 2338.32 (08.11.2025).

Are ICP and PUMP correlated?

The correlation of daily log returns between ICP and PUMP is 0.38, 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 ICP/PUMP spread z-score now?

The z-score is -0.41 — 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 ICP/PUMP suitable for a pair trade?

Weakly. Correlation is only 0.38, 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.

Converter

ICP
PUMP