PAIR.TRADING

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48.34 BANK

XRP = 1.43 USDT
BANK = 0.03 USDT

export 1d data

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

XRP / BANK ratio and spread

1 XRP = 48.34 BANK. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.022 and the correlation between the legs is 0.10.

Set an alert on this pair The spread z-score is 1.31 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β -0.022
Spread z-score 1.31
Correlation 0.10
Half-life 37.5 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 ratio48.3424
Change 1d7.00%
Change 7d1.28%
Change 30d32.72%
Period high53.8591
Period low1.87445
Hedge ratio β-0.022
Spread z-score1.31
Correlation0.10
Half-life38 d

over 311 daily candles

What the numbers say

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

The spread is at 1.31 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.

Reversion is slow: the spread needs roughly 38 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 in the upper part of its range — 89% of the way from the low to the high of the last 311 daily candles.

Frequently asked

How many BANK is 1 XRP?

1 XRP is worth 48.3424 BANK at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the XRP/BANK range?

Over the last 311 daily candles the ratio traded between 1.87445 (27.07.2026) and 53.8591 (17.12.2025).

Are XRP and BANK correlated?

The correlation of daily log returns between XRP and BANK is 0.10, 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 XRP/BANK spread z-score now?

The z-score is 1.31 — 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 XRP/BANK 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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