PAIR.TRADING
↔

Press space to swap the legs.

2.79E-5 QNT
PUMP = 0.004411 USDT
QNT = 158.02 USDT

PUMP / QNT ratio and spread

1 PUMP = 2.79E-5 QNT. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.191 and the correlation between the legs is 0.36.

Set an alert on this pair The spread z-score is -0.59 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts

If you hold PUMP · If you hold QNT

Hedge ratio β 1.191
Spread z-score -0.59
Correlation 0.36
Half-life 35.9 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 ratio0.000027914188077459
Change 1d-33.65%
Change 7d-57.01%
Change 30d-64.15%
Period high0.000082932399512789
Period low0.000019081425673718
Hedge ratio β1.191
Spread z-score-0.59
Correlation0.36
Half-life36 d

over 364 daily candles

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 -0.59 standard deviations from its rolling mean, which is effectively at its own norm.

Reversion is slow: the spread needs roughly 36 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 14% of the way from the low to the high of the last 364 daily candles.

Frequently asked

How many QNT is 1 PUMP?

1 PUMP is worth 0.000027914188077459 QNT at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the PUMP/QNT range?

Over the last 364 daily candles the ratio traded between 0.000019081425673718 (25.06.2026) and 0.000082932399512789 (23.08.2026).

Are PUMP and QNT correlated?

The correlation of daily log returns between PUMP and QNT 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 PUMP/QNT spread z-score now?

The z-score is -0.59 — 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 PUMP/QNT 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.

Converter

PUMP
QNT