PAIR.TRADING

Press space to swap the legs.

0.0002474 SNDKB

WLD = 0.3873 USDT
SNDKB = 1565.44 USDT

export 1d data

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

WLD / SNDKB ratio and spread

1 WLD = 0.0002474 SNDKB. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.836 and the correlation between the legs is 0.24.

Set an alert on this pair The spread z-score is 0.15 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts
Hedge ratio β 0.836
Spread z-score 0.15
Correlation 0.24
Half-life 3.3 1d
The spread is within ±2σ — the pair is near its own norm.

Sign in to keep favourite pairs.

Alerts

Sign in to set your own alerts.

Key numbers

Current ratio0.000247406
Change 1d-1.37%
Change 7d4.61%
Change 30d19.59%
Period high0.00034424
Period low0.00018616
Hedge ratio β0.836
Spread z-score0.15
Correlation0.24
Half-life3 d

over 95 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.24. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at 0.15 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 3 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 39% of the way from the low to the high of the last 95 daily candles.

Frequently asked

How many SNDKB is 1 WLD?

1 WLD is worth 0.000247406 SNDKB at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the WLD/SNDKB range?

Over the last 95 daily candles the ratio traded between 0.00018616 (01.07.2026) and 0.00034424 (17.06.2026).

Are WLD and SNDKB correlated?

The correlation of daily log returns between WLD and SNDKB is 0.24, 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 WLD/SNDKB spread z-score now?

The z-score is 0.15 — 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 WLD/SNDKB suitable for a pair trade?

Weakly. Correlation is only 0.24, so the legs do not reliably move together and the spread carries mostly idiosyncratic noise.

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.

Converter

WLD
SNDKB