PAIR.TRADING

Press space to swap the legs.

0.002769 SPYB

TRUMP = 2.109 USDT
SPYB = 761.64 USDT

export 1d data

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

TRUMP / SPYB ratio and spread

1 TRUMP = 0.002769 SPYB. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 4.109 and the correlation between the legs is 0.25.

Set an alert on this pair The spread z-score is 0.47 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts
Hedge ratio β 4.109
Spread z-score 0.47
Correlation 0.25
Half-life 15.8 1d
The spread is within ±2σ — the pair is near its own norm.

Sign in to keep favourite pairs.

Alerts

Sign in to set your own alerts.

Key numbers

Current ratio0.00276902
Change 1d7.85%
Change 7d1.40%
Change 30d16.88%
Period high0.0047926
Period low0.00181209
Hedge ratio β4.109
Spread z-score0.47
Correlation0.25
Half-life16 d

over 74 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.25. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at 0.47 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 16 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 32% of the way from the low to the high of the last 74 daily candles.

Frequently asked

How many SPYB is 1 TRUMP?

1 TRUMP is worth 0.00276902 SPYB at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the TRUMP/SPYB range?

Over the last 74 daily candles the ratio traded between 0.00181209 (13.08.2026) and 0.0047926 (22.08.2026).

Are TRUMP and SPYB correlated?

The correlation of daily log returns between TRUMP and SPYB is 0.25, 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 TRUMP/SPYB spread z-score now?

The z-score is 0.47 — 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 TRUMP/SPYB suitable for a pair trade?

Weakly. Correlation is only 0.25, 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.

Converter

TRUMP
SPYB