PAIR.TRADING

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0.0033752 SOL

TRX = 0.3416 USDT
SOL = 101.21 USDT

export 1d data

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

TRX / SOL ratio and spread

1 TRX = 0.0033752 SOL. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.070 and the correlation between the legs is 0.41.

Set an alert on this pair The spread z-score is 1.70 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β -0.070
Spread z-score 1.70
Correlation 0.41
Half-life 32.7 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 ratio0.00337516
Change 1d0.60%
Change 7d7.75%
Change 30d-23.03%
Period high0.005
Period low0.0014514
Hedge ratio β-0.070
Spread z-score1.70
Correlation0.41
Half-life33 d

over 350 daily candles

What the numbers say

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

The spread is at 1.70 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.

Reversion is slow: the spread needs roughly 33 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 mid-range — 54% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many SOL is 1 TRX?

1 TRX is worth 0.00337516 SOL at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the TRX/SOL range?

Over the last 350 daily candles the ratio traded between 0.0014514 (05.10.2025) and 0.005 (06.06.2026).

Are TRX and SOL correlated?

The correlation of daily log returns between TRX and SOL is 0.41, 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 TRX/SOL spread z-score now?

The z-score is 1.70 — 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 TRX/SOL 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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