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0.0557234 ETH
QNT = 150.15 USDT
ETH = 2694.56 USDT

QNT / ETH ratio and spread

1 QNT = 0.0557234 ETH. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.369 and the correlation between the legs is 0.48.

Set an alert on this pair The spread z-score is 2.98 right now. Get a message when it reaches your level — instead of watching the chart.
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If you hold QNT · If you hold ETH

Hedge ratio β 0.369
Spread z-score 2.98
Correlation 0.48
Half-life 9.6 1d
The spread is beyond +2σ: historically such a divergence closed in about 10 days.

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Key numbers

Current ratio0.0557234
Change 1d63.02%
Change 7d129.69%
Change 30d123.92%
Period high0.0557234
Period low0.0198177
Hedge ratio β0.369
Spread z-score2.98
Correlation0.48
Half-life10 d

over 363 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.48, with a hedge ratio of 0.37. Signals from this pair carry more noise than on a tightly linked one.

The spread currently sits at 2.98 standard deviations above its rolling mean — QNT is expensive relative to ETH by the standards of this window.

Historically the spread covers half the way back to its mean in about 10 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits in the upper part of its range — 100% of the way from the low to the high of the last 363 daily candles.

Frequently asked

How many ETH is 1 QNT?

1 QNT is worth 0.0557234 ETH at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the QNT/ETH range?

Over the last 363 daily candles the ratio traded between 0.0198177 (28.10.2025) and 0.0557234 (26.09.2026).

Are QNT and ETH correlated?

The correlation of daily log returns between QNT and ETH is 0.48, 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 QNT/ETH spread z-score now?

The z-score is 2.98 — 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/ETH suitable for a pair trade?

The mechanics hold up: correlation is 0.48 and the spread historically covers half the way back to its mean in about 10 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.

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