PAIR.TRADING

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3.331 SYN

LSK = 0.589 USDT
SYN = 0.177 USDT

export 1d data

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

LSK / SYN ratio and spread

1 LSK = 3.331 SYN. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.227 and the correlation between the legs is 0.06.

Set an alert on this pair The spread z-score is 2.83 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β -0.227
Spread z-score 2.83
Correlation 0.06
Half-life 19.6 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 ratio3.33145
Change 1d-28.66%
Change 7d159.37%
Change 30d350.27%
Period high24.5942
Period low0.119863
Hedge ratio β-0.227
Spread z-score2.83
Correlation0.06
Half-life20 d

over 353 daily candles

What the numbers say

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

The spread currently sits at 2.83 standard deviations above its rolling mean — LSK is expensive relative to SYN 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 near the bottom of its range — only 13% of the way from the low to the high of the last 353 daily candles.

Frequently asked

How many SYN is 1 LSK?

1 LSK is worth 3.33145 SYN at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the LSK/SYN range?

Over the last 353 daily candles the ratio traded between 0.119863 (30.06.2026) and 24.5942 (13.09.2026).

Are LSK and SYN correlated?

The correlation of daily log returns between LSK and SYN is 0.06, 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 LSK/SYN spread z-score now?

The z-score is 2.83 — 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 LSK/SYN 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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