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1.143 TRX

WLD = 0.39 USDT

TRX = 0.341 USDT

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

WLD / TRX ratio and spread

1 WLD = 1.143 TRX. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -1.664 and the correlation between the legs is 0.33.

Set an alert on this pair The spread z-score is 0.28 right now. Get a message when it reaches your level — instead of watching the chart.

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Hedge ratio β -1.664

Spread z-score 0.28

Correlation 0.33

Half-life 21.2 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 ratio1.14323

Change 1d-4.49%

Change 7d-9.52%

Change 30d10.18%

Period high4.05609

Period low0.676897

Hedge ratio β-1.664

Spread z-score0.28

Correlation0.33

Half-life21 d

over 350 daily candles

How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.

What the numbers say

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

The spread is at 0.28 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 21 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits near the bottom of its range — only 14% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many TRX is 1 WLD?

1 WLD is worth 1.14323 TRX at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the WLD/TRX range?

Over the last 350 daily candles the ratio traded between 0.676897 (18.05.2026) and 4.05609 (03.10.2025).

Are WLD and TRX correlated?

The correlation of daily log returns between WLD and TRX 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 WLD/TRX spread z-score now?

The z-score is 0.28 — 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/TRX 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.