↔

Press space to swap the legs.

4.31E-5 SNDKB

THE = 0.0674 USDT

SNDKB = 1564 USDT

CSV JSON MD

export 1d data

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

THE / SNDKB ratio and spread

1 THE = 4.31E-5 SNDKB. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.184 and the correlation between the legs is -0.11.

Set an alert on this pair The spread z-score is 1.02 right now. Get a message when it reaches your level — instead of watching the chart.

Free alerts

Hedge ratio β 0.184

Spread z-score 1.02

Correlation -0.11

Half-life 6.2 1d

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

Alerts

Key numbers

Current ratio0.00004309462915601

Change 1d-0.72%

Change 7d0.03%

Change 30d19.19%

Period high0.000061627784400062

Period low0.000023098737239811

Hedge ratio β0.184

Spread z-score1.02

Correlation-0.11

Half-life6 d

over 95 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 -0.11. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at 1.02 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 6 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 52% of the way from the low to the high of the last 95 daily candles.

Frequently asked

How many SNDKB is 1 THE?

1 THE is worth 0.00004309462915601 SNDKB at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the THE/SNDKB range?

Over the last 95 daily candles the ratio traded between 0.000023098737239811 (30.06.2026) and 0.000061627784400062 (09.08.2026).

Are THE and SNDKB correlated?

The correlation of daily log returns between THE and SNDKB is -0.11, 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 THE/SNDKB spread z-score now?

The z-score is 1.02 — 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 THE/SNDKB suitable for a pair trade?

Weakly. Correlation is only -0.11, 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.