PAIR.TRADING

Press space to swap the legs.

0.0143553 BTC

ZEC = 1110.71 USDT
BTC = 77372.76 USDT

export 1d data

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

ZEC / BTC ratio and spread

1 ZEC = 0.0143553 BTC. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.373 and the correlation between the legs is 0.45.

Set an alert on this pair The spread z-score is 1.95 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts
Hedge ratio β -0.373
Spread z-score 1.95
Correlation 0.45
Half-life 22.1 1d
β is negative: the legs moved in opposite directions, so this does not work as a pair.

Sign in to keep favourite pairs.

Alerts

Sign in to set your own alerts.

Key numbers

Current ratio0.0143553
Change 1d-4.57%
Change 7d-8.00%
Change 30d84.31%
Period high0.016249
Period low0.000641434
Hedge ratio β-0.373
Spread z-score1.95
Correlation0.45
Half-life22 d

over 350 daily candles

What the numbers say

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

The spread is at 1.95 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 22 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits in the upper part of its range — 88% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many BTC is 1 ZEC?

1 ZEC is worth 0.0143553 BTC at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the ZEC/BTC range?

Over the last 350 daily candles the ratio traded between 0.000641434 (29.09.2025) and 0.016249 (09.09.2026).

Are ZEC and BTC correlated?

The correlation of daily log returns between ZEC and BTC is 0.45, 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 ZEC/BTC spread z-score now?

The z-score is 1.95 — 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 ZEC/BTC 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.

Converter

ZEC
BTC