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1.11E-5 QNT
NOM = 0.00281 USDT
QNT = 253.98 USDT

NOM / QNT ratio and spread

1 NOM = 1.11E-5 QNT. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.870 and the correlation between the legs is 0.15.

Set an alert on this pair The spread z-score is -4.17 right now. Get a message when it reaches your level — instead of watching the chart.
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If you hold NOM · If you hold QNT

NOM is cheaper against QNT than in 1 % of the time over 1.0 years. If you hold QNT, this is worth a look at rotating into NOM.

Hedge ratio β 1.870
Spread z-score -4.17
Percentile, 1.0 y 1
Correlation 0.15
Half-life 152.1 1d
link broke The spread is far from its mean, but NOM and QNT no longer move together. This is not a stretched spring — the link broke: there is nothing to revert to, and the pair cannot be traded as a pair.

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Key numbers

Current ratio0.000011063863296323
Change 1d36.77%
Change 7d-52.85%
Change 30d-54.09%
Period high0.000489591
Period low0.000007699275362319
Hedge ratio β1.870
Spread z-score-4.17
Correlation0.15
Half-life152 d

over 367 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.15. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread currently sits at -4.17 standard deviations from its rolling mean — NOM is cheap relative to QNT by the standards of this window.

Reversion is slow: the spread needs roughly 152 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 near the bottom of its range — only 1% of the way from the low to the high of the last 367 daily candles.

Frequently asked

How many QNT is 1 NOM?

1 NOM is worth 0.000011063863296323 QNT at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the NOM/QNT range?

Over the last 367 daily candles the ratio traded between 0.000007699275362319 (30.09.2026) and 0.000489591 (01.10.2025).

Are NOM and QNT correlated?

The correlation of daily log returns between NOM and QNT is 0.15, 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 NOM/QNT spread z-score now?

The z-score is -4.17 — 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 NOM/QNT suitable for a pair trade?

Weakly. Correlation is only 0.15, 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.

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