PAIR.TRADING

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0.3405147 LSK

TRX = 0.3414 USDT
LSK = 1.0026 USDT

export 1d data

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

TRX / LSK ratio and spread

1 TRX = 0.3405147 LSK. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.083 and the correlation between the legs is 0.20.

Set an alert on this pair The spread z-score is 6.08 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β -0.083
Spread z-score 6.08
Correlation 0.20
Half-life 44.9 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 ratio0.340515
Change 1d-63.67%
Change 7d-89.42%
Change 30d-91.97%
Period high4.50274
Period low0.340515
Hedge ratio β-0.083
Spread z-score6.08
Correlation0.20
Half-life45 d

over 350 daily candles

What the numbers say

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

The spread currently sits at 6.08 standard deviations above its rolling mean — TRX is expensive relative to LSK by the standards of this window.

Reversion is slow: the spread needs roughly 45 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 0% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many LSK is 1 TRX?

1 TRX is worth 0.340515 LSK at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the TRX/LSK range?

Over the last 350 daily candles the ratio traded between 0.340515 (13.09.2026) and 4.50274 (02.08.2026).

Are TRX and LSK correlated?

The correlation of daily log returns between TRX and LSK is 0.20, 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 TRX/LSK spread z-score now?

The z-score is 6.08 — 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 TRX/LSK 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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