PAIR.TRADING

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14.47 THE

LSK = 0.98 USDT
THE = 0.07 USDT

export 1d data

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

LSK / THE ratio and spread

1 LSK = 14.47 THE. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.500 and the correlation between the legs is 0.19.

Set an alert on this pair The spread z-score is 7.84 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 0.500
Spread z-score 7.84
Correlation 0.19
Half-life none
The spread does not revert to its mean — it cannot be traded on reversion.

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Key numbers

Current ratio14.4733
Change 1d181.03%
Change 7d971.99%
Change 30d1,013.47%
Period high14.4733
Period low0.22765
Hedge ratio β0.500
Spread z-score7.84
Correlation0.19
Half-life

over 350 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.19. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread currently sits at 7.84 standard deviations above its rolling mean — LSK is expensive relative to THE by the standards of this window.

The spread has not shown mean reversion over the sample: estimates longer than the available history are discarded rather than reported. Trading this pair on reversion has no statistical footing here.

The current ratio sits in the upper part of its range — 100% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many THE is 1 LSK?

1 LSK is worth 14.4733 THE at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the LSK/THE range?

Over the last 350 daily candles the ratio traded between 0.22765 (15.03.2026) and 14.4733 (13.09.2026).

Are LSK and THE correlated?

The correlation of daily log returns between LSK and THE is 0.19, 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 LSK/THE spread z-score now?

The z-score is 7.84 — 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 LSK/THE suitable for a pair trade?

Not on a reversion thesis. The spread has not returned to its mean within the available history, so there is nothing to trade back to.

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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