STEEM / T ratio and spread
1 STEEM = 9.061 T. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.583 and the correlation between the legs is 0.42.
If you hold STEEM · If you hold T
Sign in to keep favourite pairs.
Alerts
Sign in to set your own alerts.
Key numbers
over 392 daily candles
How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.
What the numbers say
The legs move together only moderately — correlation of daily log returns is 0.42, with a hedge ratio of 0.58. Signals from this pair carry more noise than on a tightly linked one.
The spread is at -1.82 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 7 days, so a divergence here tends to resolve within weeks rather than months.
The current ratio sits mid-range — 22% of the way from the low to the high of the last 392 daily candles.
When this happened before
Divergences over 213 candles: 3. Closed by a return to the norm: 3. The median return took 9 days, the longest one 35 days.
The last closed one ran from 13.09.2026 to 18.10.2026, 35 days: peak z = 5.62, STEEM was expensive against T.
For a holder this answers not “what to do” but “how long it usually took”: the median return is 9 days. That is no guarantee — past divergences closed, this one may not.
| Period | Expensive leg | Peak z | Return |
|---|---|---|---|
| 13.09.2026 — 18.10.2026 | STEEM | 5.62 | 35 d |
| 02.09.2026 — 04.09.2026 | T | -3.01 | 2 d |
| 12.07.2026 — 21.07.2026 | T | -2.90 | 9 d |
A divergence here is the spread z-score leaving ±2σ; the return is the first value back inside ±0.5σ. Two thresholds rather than one: otherwise chatter right at the border would count as a dozen separate divergences. The first bars of the window are skipped — there z is computed on partial history.
Frequently asked
How many T is 1 STEEM?
1 STEEM is worth 9.06104 T at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the STEEM/T range?
Over the last 392 daily candles the ratio traded between 5.70395 (02.11.2025) and 20.8989 (13.09.2026).
Are STEEM and T correlated?
The correlation of daily log returns between STEEM and T is 0.42, 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 STEEM/T spread z-score now?
The z-score is -1.82 — 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 STEEM/T suitable for a pair trade?
The mechanics hold up: correlation is 0.42 and the spread historically covers half the way back to its mean in about 7 days. That is a description of past behaviour, not a forecast or a recommendation.
How often do STEEM and T diverge?
Over 213 daily candles the spread left ±2σ 3 times. The median return to the norm took 9 days.
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.