PAIR.TRADING
↔

Press space to swap the legs.

0 BTC
QI = 0.003809 USDT
BTC = 83412.76 USDT

QI / BTC ratio and spread

1 QI = 0 BTC. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 2.662 and the correlation between the legs is 0.58.

Set an alert on this pair The spread z-score is -1.67 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts

If you hold QI · If you hold BTC

Hedge ratio β 2.662
Spread z-score -1.67
Correlation 0.58
Half-life 29.5 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 ratio0.000000045664476274
Change 1d164.53%
Change 7d180.77%
Change 30d161.87%
Period high0.000000076398601399
Period low0.000000015817703424
Hedge ratio β2.662
Spread z-score-1.67
Correlation0.58
Half-life29 d

over 362 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.58, with a hedge ratio of 2.66. Signals from this pair carry more noise than on a tightly linked one.

The spread is at -1.67 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.

Historically the spread covers half the way back to its mean in about 29 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 49% of the way from the low to the high of the last 362 daily candles.

Frequently asked

How many BTC is 1 QI?

1 QI is worth 0.000000045664476274 BTC at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the QI/BTC range?

Over the last 362 daily candles the ratio traded between 0.000000015817703424 (04.09.2026) and 0.000000076398601399 (29.09.2025).

Are QI and BTC correlated?

The correlation of daily log returns between QI and BTC is 0.58, 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 QI/BTC spread z-score now?

The z-score is -1.67 — 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 QI/BTC suitable for a pair trade?

The mechanics hold up: correlation is 0.58 and the spread historically covers half the way back to its mean in about 29 days. That is a description of past behaviour, not a forecast or a recommendation.

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

QI
BTC