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6.903 TRX

NEAR = 2.354 USDT

TRX = 0.341 USDT

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

NEAR / TRX ratio and spread

1 NEAR = 6.903 TRX. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.351 and the correlation between the legs is 0.33.

Set an alert on this pair The spread z-score is 1.32 right now. Get a message when it reaches your level — instead of watching the chart.

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Hedge ratio β 1.351

Spread z-score 1.32

Correlation 0.33

Half-life 30.0 1d

The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio6.90323

Change 1d-1.94%

Change 7d-7.06%

Change 30d40.63%

Period high10.8039

Period low3.50018

Hedge ratio β1.351

Spread z-score1.32

Correlation0.33

Half-life30 d

over 350 daily candles

How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.33. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at 1.32 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 30 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 47% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many TRX is 1 NEAR?

1 NEAR is worth 6.90323 TRX at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the NEAR/TRX range?

Over the last 350 daily candles the ratio traded between 3.50018 (24.02.2026) and 10.8039 (08.11.2025).

Are NEAR and TRX correlated?

The correlation of daily log returns between NEAR and TRX is 0.33, 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 NEAR/TRX spread z-score now?

The z-score is 1.32 — 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 NEAR/TRX suitable for a pair trade?

Weakly. Correlation is only 0.33, 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.