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4.4E-6 BTC

TRX = 0.3411 USDT

BTC = 77346.01 USDT

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

TRX / BTC ratio and spread

1 TRX = 4.4E-6 BTC. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.080 and the correlation between the legs is 0.44.

Set an alert on this pair The spread z-score is 1.64 right now. Get a message when it reaches your level — instead of watching the chart.

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Hedge ratio β -0.080

Spread z-score 1.64

Correlation 0.44

Half-life 38.1 1d

β is negative: the legs moved in opposite directions, so this does not work as a pair.

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Key numbers

Current ratio0.000004410052955544

Change 1d-0.70%

Change 7d5.64%

Change 30d-16.18%

Period high0.000005359648961987

Period low0.000002582568096067

Hedge ratio β-0.080

Spread z-score1.64

Correlation0.44

Half-life38 d

over 350 daily candles

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

What the numbers say

The fitted hedge ratio is negative: over the window TRX and BTC moved in opposite directions. A pair trade assumes the legs move together, so this combination does not qualify as one.

The spread is at 1.64 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.

Reversion is slow: the spread needs roughly 38 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 mid-range — 66% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many BTC is 1 TRX?

1 TRX is worth 0.000004410052955544 BTC at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the TRX/BTC range?

Over the last 350 daily candles the ratio traded between 0.000002582568096067 (28.10.2025) and 0.000005359648961987 (28.06.2026).

Are TRX and BTC correlated?

The correlation of daily log returns between TRX and BTC is 0.44, 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 TRX/BTC spread z-score now?

The z-score is 1.64 — 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 TRX/BTC suitable for a pair trade?

No. The fitted hedge ratio is negative, meaning the legs moved in opposite directions over the window — the market-neutral construction that pair trading relies on does not hold here.

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.