PAIR.TRADING
↔

Press space to swap the legs.

0.1124525 BAT
ZK = 0.01481 USDT
BAT = 0.1317 USDT

ZK / BAT ratio and spread

1 ZK = 0.1124525 BAT. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.270 and the correlation between the legs is 0.50.

Set an alert on this pair The spread z-score is -3.72 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts

If you hold ZK · If you hold BAT

ZK is cheaper against BAT than in 0 % of the time over 1.0 years. If you hold BAT, this is worth a look at rotating into ZK.

Hedge ratio β 1.270
Spread z-score -3.72
Percentile, 1.0 y 0
Correlation 0.50
Half-life 16.6 1d
The spread is beyond −2σ: historically such a divergence closed in about 17 days.

Sign in to keep favourite pairs.

Alerts

Sign in to set your own alerts.

Key numbers

Current ratio0.112453
Change 1d0.87%
Change 7d-14.91%
Change 30d-19.76%
Period high0.435949
Period low0.108896
Hedge ratio β1.270
Spread z-score-3.72
Correlation0.50
Half-life17 d

over 376 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.50, with a hedge ratio of 1.27. Signals from this pair carry more noise than on a tightly linked one.

The spread currently sits at -3.72 standard deviations from its rolling mean — ZK is cheap relative to BAT by the standards of this window.

Historically the spread covers half the way back to its mean in about 17 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits near the bottom of its range — only 1% of the way from the low to the high of the last 376 daily candles.

Frequently asked

How many BAT is 1 ZK?

1 ZK is worth 0.112453 BAT at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the ZK/BAT range?

Over the last 376 daily candles the ratio traded between 0.108896 (09.06.2026) and 0.435949 (07.10.2025).

Are ZK and BAT correlated?

The correlation of daily log returns between ZK and BAT is 0.50, 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 ZK/BAT spread z-score now?

The z-score is -3.72 — the spread is stretched beyond two standard deviations. It measures how far the regression residual log(A) − β·log(B) sits from its rolling mean, in standard deviations.

Is ZK/BAT suitable for a pair trade?

The mechanics hold up: correlation is 0.50 and the spread historically covers half the way back to its mean in about 17 days. That is a description of past behaviour, not a forecast or a recommendation.

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

ZK
BAT