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0.8399678 CAKE

TRUMP = 2.089 USDT

CAKE = 2.487 USDT

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

TRUMP / CAKE ratio and spread

1 TRUMP = 0.8399678 CAKE. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.447 and the correlation between the legs is 0.43.

Set an alert on this pair The spread z-score is -2.10 right now. Get a message when it reaches your level — instead of watching the chart.

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Hedge ratio β 1.447

Spread z-score -2.10

Correlation 0.43

Half-life 104.8 1d

The spread is beyond −2σ: historically such a divergence closed in about 105 days.

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Key numbers

Current ratio0.839968

Change 1d-2.47%

Change 7d-6.68%

Change 30d-22.36%

Period high3.64236

Period low0.798937

Hedge ratio β1.447

Spread z-score-2.10

Correlation0.43

Half-life105 d

over 357 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 0.43, with a hedge ratio of 1.45. Signals from this pair carry more noise than on a tightly linked one.

The spread currently sits at -2.10 standard deviations from its rolling mean — TRUMP is cheap relative to CAKE by the standards of this window.

Reversion is slow: the spread needs roughly 105 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 1% of the way from the low to the high of the last 357 daily candles.

Frequently asked

How many CAKE is 1 TRUMP?

1 TRUMP is worth 0.839968 CAKE at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the TRUMP/CAKE range?

Over the last 357 daily candles the ratio traded between 0.798937 (18.09.2026) and 3.64236 (06.11.2025).

Are TRUMP and CAKE correlated?

The correlation of daily log returns between TRUMP and CAKE is 0.43, 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 TRUMP/CAKE spread z-score now?

The z-score is -2.10 — 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 TRUMP/CAKE suitable for a pair trade?

The mechanics hold up: correlation is 0.43 and the spread historically covers half the way back to its mean in about 105 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.