PAIR.TRADING

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12.62 DASH

SPYB = 761.33 USDT
DASH = 60.34 USDT

export 1d data

Derived series only: the ratio of the two legs and the spread z-score. Exchange candles are not included.

SPYB / DASH ratio and spread

1 SPYB = 12.62 DASH. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.014 and the correlation between the legs is 0.26.

Set an alert on this pair The spread z-score is -0.32 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 0.014
Spread z-score -0.32
Correlation 0.26
Half-life 8.6 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio12.6173
Change 1d-6.61%
Change 7d-1.87%
Change 30d-47.22%
Period high25.7256
Period low9.80846
Hedge ratio β0.014
Spread z-score-0.32
Correlation0.26
Half-life9 d

over 74 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.26. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at -0.32 standard deviations from its rolling mean, which is effectively at its own norm.

Historically the spread covers half the way back to its mean in about 9 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits near the bottom of its range — only 18% of the way from the low to the high of the last 74 daily candles.

Frequently asked

How many DASH is 1 SPYB?

1 SPYB is worth 12.6173 DASH at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the SPYB/DASH range?

Over the last 74 daily candles the ratio traded between 9.80846 (06.09.2026) and 25.7256 (15.08.2026).

Are SPYB and DASH correlated?

The correlation of daily log returns between SPYB and DASH is 0.26, 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 SPYB/DASH spread z-score now?

The z-score is -0.32 — 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 SPYB/DASH suitable for a pair trade?

Weakly. Correlation is only 0.26, 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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