INIT / SUI ratio and spread
1 INIT = 0.1612882 SUI. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.820 and the correlation between the legs is 0.47.
If you hold INIT · If you hold SUI
INIT has been more expensive against SUI than now only 0 % of the time over 1.1 years. If you hold INIT, this is worth a look at rotating into SUI.
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Key numbers
over 390 daily candles
How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.
What the numbers say
The legs move together only moderately — correlation of daily log returns is 0.47, with a hedge ratio of 0.82. Signals from this pair carry more noise than on a tightly linked one.
The spread currently sits at 3.55 standard deviations above its rolling mean — INIT is expensive relative to SUI by the standards of this window.
Historically the spread covers half the way back to its mean in about 20 days, so a divergence here tends to resolve within weeks rather than months.
The current ratio sits in the upper part of its range — 100% of the way from the low to the high of the last 390 daily candles.
When this happened before
Divergences over 211 candles: 2. Closed by a return to the norm: 1. The median return took 3 days, the longest one 3 days.
The last closed one ran from 07.05.2026 to 10.05.2026, 3 days: peak z = 2.01, INIT was expensive against SUI.
One is running right now: it started on 05.10.2026, has lasted 18 days, peak z = 3.65, INIT was expensive against SUI. It has not returned to the norm yet.
For a holder this answers not “what to do” but “how long it usually took”: the median return is 3 days. That is no guarantee — past divergences closed, this one may not.
| Period | Expensive leg | Peak z | Return |
|---|---|---|---|
| 07.05.2026 — 10.05.2026 | INIT | 2.01 | 3 d |
A divergence here is the spread z-score leaving ±2σ; the return is the first value back inside ±0.5σ. Two thresholds rather than one: otherwise chatter right at the border would count as a dozen separate divergences. The first bars of the window are skipped — there z is computed on partial history.
Frequently asked
How many SUI is 1 INIT?
1 INIT is worth 0.161288 SUI at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the INIT/SUI range?
Over the last 390 daily candles the ratio traded between 0.0468863 (13.01.2026) and 0.161288 (24.10.2026).
Are INIT and SUI correlated?
The correlation of daily log returns between INIT and SUI is 0.47, 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 INIT/SUI spread z-score now?
The z-score is 3.55 — the spread is stretched beyond two standard deviations. It measures how far the regression residual log(A) − β·log(B) sits from its rolling mean, in standard deviations.
Is INIT/SUI suitable for a pair trade?
The mechanics hold up: correlation is 0.47 and the spread historically covers half the way back to its mean in about 20 days. That is a description of past behaviour, not a forecast or a recommendation.
How often do INIT and SUI diverge?
Over 211 daily candles the spread left ±2σ 2 times. The median return to the norm took 3 days.
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.