PAIR.TRADING

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5.995 WLFI

TRX = 0.341 USDT
WLFI = 0.057 USDT

export 1d data

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

TRX / WLFI ratio and spread

1 TRX = 5.995 WLFI. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.120 and the correlation between the legs is 0.33.

Set an alert on this pair The spread z-score is 1.57 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β -0.120
Spread z-score 1.57
Correlation 0.33
Half-life 14.1 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 ratio5.99473
Change 1d6.94%
Change 7d2.68%
Change 30d7.11%
Period high6.33846
Period low1.52829
Hedge ratio β-0.120
Spread z-score1.57
Correlation0.33
Half-life14 d

over 350 daily candles

What the numbers say

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

The spread is at 1.57 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.

Historically the spread covers half the way back to its mean in about 14 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits in the upper part of its range — 93% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many WLFI is 1 TRX?

1 TRX is worth 5.99473 WLFI at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the TRX/WLFI range?

Over the last 350 daily candles the ratio traded between 1.52829 (29.09.2025) and 6.33846 (08.08.2026).

Are TRX and WLFI correlated?

The correlation of daily log returns between TRX and WLFI is 0.33, 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/WLFI spread z-score now?

The z-score is 1.57 — 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/WLFI 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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