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0.5220961 TRX

SYN = 0.17485 USDT

TRX = 0.3349 USDT

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

SYN / TRX ratio and spread

1 SYN = 0.5220961 TRX. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 2.109 and the correlation between the legs is 0.18.

Set an alert on this pair The spread z-score is -0.81 right now. Get a message when it reaches your level — instead of watching the chart.

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Hedge ratio β 2.109

Spread z-score -0.81

Correlation 0.18

Half-life 44.6 1d

The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio0.522096

Change 1d112.18%

Change 7d93.62%

Change 30d63.33%

Period high2.23497

Period low0.0958565

Hedge ratio β2.109

Spread z-score-0.81

Correlation0.18

Half-life45 d

over 353 daily candles

How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.18. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at -0.81 standard deviations from its rolling mean, which is effectively at its own norm.

Reversion is slow: the spread needs roughly 45 days to cover half the way back to its mean. A position would have to be held for a long time.

The current ratio sits near the bottom of its range — only 20% of the way from the low to the high of the last 353 daily candles.

Frequently asked

How many TRX is 1 SYN?

1 SYN is worth 0.522096 TRX at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the SYN/TRX range?

Over the last 353 daily candles the ratio traded between 0.0958565 (10.06.2026) and 2.23497 (30.06.2026).

Are SYN and TRX correlated?

The correlation of daily log returns between SYN and TRX is 0.18, 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 SYN/TRX spread z-score now?

The z-score is -0.81 — 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 SYN/TRX suitable for a pair trade?

Weakly. Correlation is only 0.18, 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.