SYN / U ratio and spread
1 SYN = 0.1767293 U. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 448.899 and the correlation between the legs is -0.02.
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Key numbers
over 247 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 -0.02. A spread built on such a weak link reverts by coincidence rather than by mechanism.
The spread is at -1.17 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 27 days, so a divergence here tends to resolve within weeks rather than months.
The current ratio sits mid-range — 21% of the way from the low to the high of the last 247 daily candles.
Frequently asked
How many U is 1 SYN?
1 SYN is worth 0.176729 U at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the SYN/U range?
Over the last 247 daily candles the ratio traded between 0.0309721 (10.06.2026) and 0.717316 (30.06.2026).
Are SYN and U correlated?
The correlation of daily log returns between SYN and U is -0.02, 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/U spread z-score now?
The z-score is -1.17 — 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/U suitable for a pair trade?
Weakly. Correlation is only -0.02, 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.