PAIR.TRADING

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3743.88 STEEM

BCH = 221.6 USDT
STEEM = 0.06 USDT

export 1d data

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

BCH / STEEM ratio and spread

1 BCH = 3743.88 STEEM. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.115 and the correlation between the legs is 0.38.

Set an alert on this pair The spread z-score is -5.59 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 1.115
Spread z-score -5.59
Correlation 0.38
Half-life 46.5 1d
The spread is beyond −2σ: historically such a divergence closed in about 46 days.

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Key numbers

Current ratio3743.88
Change 1d-19.64%
Change 7d-34.20%
Change 30d-33.82%
Period high11720.7
Period low3743.88
Hedge ratio β1.115
Spread z-score-5.59
Correlation0.38
Half-life46 d

over 350 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.38. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread currently sits at -5.59 standard deviations from its rolling mean — BCH is cheap relative to STEEM by the standards of this window.

Reversion is slow: the spread needs roughly 46 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 near the bottom of its range — only 0% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many STEEM is 1 BCH?

1 BCH is worth 3743.88 STEEM at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the BCH/STEEM range?

Over the last 350 daily candles the ratio traded between 3743.88 (13.09.2026) and 11720.7 (23.02.2026).

Are BCH and STEEM correlated?

The correlation of daily log returns between BCH and STEEM is 0.38, 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 BCH/STEEM spread z-score now?

The z-score is -5.59 — 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 BCH/STEEM suitable for a pair trade?

Weakly. Correlation is only 0.38, so the legs do not reliably move together and the spread carries mostly idiosyncratic noise.

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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