PAIR.TRADING
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0.0349128 ETC
TRX = 0.3404 USDT
ETC = 9.75 USDT

TRX / ETC ratio and spread

1 TRX = 0.0349128 ETC. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.101 and the correlation between the legs is 0.40.

Set an alert on this pair The spread z-score is 0.99 right now. Get a message when it reaches your level — instead of watching the chart.
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If you hold TRX · If you hold ETC

Hedge ratio β -0.101
Spread z-score 0.99
Correlation 0.40
Half-life 26.7 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 ratio0.0349128
Change 1d-3.05%
Change 7d-23.19%
Change 30d-18.43%
Period high0.0540645
Period low0.0155962
Hedge ratio β-0.101
Spread z-score0.99
Correlation0.40
Half-life27 d

over 361 daily candles

What the numbers say

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

The spread is at 0.99 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 27 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 50% of the way from the low to the high of the last 361 daily candles.

Frequently asked

How many ETC is 1 TRX?

1 TRX is worth 0.0349128 ETC at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the TRX/ETC range?

Over the last 361 daily candles the ratio traded between 0.0155962 (07.11.2025) and 0.0540645 (18.08.2026).

Are TRX and ETC correlated?

The correlation of daily log returns between TRX and ETC is 0.40, 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/ETC spread z-score now?

The z-score is 0.99 — 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/ETC 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.

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