PAIR.TRADING

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0.3975904 TRX

ARK = 0.1353 USDT
TRX = 0.3403 USDT

export 1d data

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

ARK / TRX ratio and spread

1 ARK = 0.3975904 TRX. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -2.693 and the correlation between the legs is 0.44.

Set an alert on this pair The spread z-score is 4.54 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β -2.693
Spread z-score 4.54
Correlation 0.44
Half-life 29.2 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 ratio0.39759
Change 1d2.20%
Change 7d12.84%
Change 30d47.37%
Period high1.47975
Period low0.261038
Hedge ratio β-2.693
Spread z-score4.54
Correlation0.44
Half-life29 d

over 350 daily candles

What the numbers say

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

The spread currently sits at 4.54 standard deviations above its rolling mean — ARK is expensive relative to TRX by the standards of this window.

Historically the spread covers half the way back to its mean in about 29 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits near the bottom of its range — only 11% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many TRX is 1 ARK?

1 ARK is worth 0.39759 TRX at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the ARK/TRX range?

Over the last 350 daily candles the ratio traded between 0.261038 (18.08.2026) and 1.47975 (11.11.2025).

Are ARK and TRX correlated?

The correlation of daily log returns between ARK and TRX is 0.44, 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 ARK/TRX spread z-score now?

The z-score is 4.54 — 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 ARK/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.

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