PAIR.TRADING
↔

Press space to swap the legs.

122.03 ATOM
QNT = 247.6 USDT
ATOM = 2.03 USDT

QNT / ATOM ratio and spread

1 QNT = 122.03 ATOM. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.331 and the correlation between the legs is 0.38.

Set an alert on this pair The spread z-score is 3.37 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts

If you hold QNT · If you hold ATOM

QNT has been more expensive against ATOM than now only 3 % of the time over 1.0 years. If you hold QNT, this is worth a look at rotating into ATOM.

Hedge ratio β 0.331
Spread z-score 3.37
Percentile, 1.0 y 97
Correlation 0.38
Half-life none
The spread does not revert to its mean — it cannot be traded on reversion.

Sign in to keep favourite pairs.

Alerts

Sign in to set your own alerts.

Key numbers

Current ratio122.031
Change 1d-17.42%
Change 7d-15.64%
Change 30d254.52%
Period high168.343
Period low24.2479
Hedge ratio β0.331
Spread z-score3.37
Correlation0.38
Half-life—

over 376 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.38. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread currently sits at 3.37 standard deviations above its rolling mean — QNT is expensive relative to ATOM by the standards of this window.

The spread has not shown mean reversion over the sample: estimates longer than the available history are discarded rather than reported. Trading this pair on reversion has no statistical footing here.

The current ratio sits mid-range — 68% of the way from the low to the high of the last 376 daily candles.

Frequently asked

How many ATOM is 1 QNT?

1 QNT is worth 122.031 ATOM at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the QNT/ATOM range?

Over the last 376 daily candles the ratio traded between 24.2479 (10.10.2025) and 168.343 (01.10.2026).

Are QNT and ATOM correlated?

The correlation of daily log returns between QNT and ATOM is 0.38, 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 QNT/ATOM spread z-score now?

The z-score is 3.37 — 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 QNT/ATOM suitable for a pair trade?

Not on a reversion thesis. The spread has not returned to its mean within the available history, so there is nothing to trade back to.

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

QNT
ATOM