PAIR.TRADING

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5.949 SEI

TRX = 0.344 USDT
SEI = 0.058 USDT

export 1d data

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

TRX / SEI ratio and spread

1 TRX = 5.949 SEI. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.063 and the correlation between the legs is 0.42.

Set an alert on this pair The spread z-score is 2.33 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β -0.063
Spread z-score 2.33
Correlation 0.42
Half-life 25.8 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 ratio5.94884
Change 1d-13.33%
Change 7d-21.32%
Change 30d-13.40%
Period high8.41788
Period low1.12781
Hedge ratio β-0.063
Spread z-score2.33
Correlation0.42
Half-life26 d

over 358 daily candles

What the numbers say

The fitted hedge ratio is negative: over the window TRX and SEI 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 2.33 standard deviations above its rolling mean — TRX is expensive relative to SEI by the standards of this window.

Historically the spread covers half the way back to its mean in about 26 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 66% of the way from the low to the high of the last 358 daily candles.

Frequently asked

How many SEI is 1 TRX?

1 TRX is worth 5.94884 SEI at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the TRX/SEI range?

Over the last 358 daily candles the ratio traded between 1.12781 (03.10.2025) and 8.41788 (18.08.2026).

Are TRX and SEI correlated?

The correlation of daily log returns between TRX and SEI is 0.42, 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/SEI spread z-score now?

The z-score is 2.33 — 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/SEI 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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