TRX / U ratio and spread
1 TRX = 0.3415683 U. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 14.003 and the correlation between the legs is -0.03.
Sign in to keep favourite pairs.
Alerts
Sign in to set your own alerts.
Key numbers
over 244 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 -0.03. A spread built on such a weak link reverts by coincidence rather than by mechanism.
The spread is at 1.58 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 48 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 — 66% of the way from the low to the high of the last 244 daily candles.
Frequently asked
How many U is 1 TRX?
1 TRX is worth 0.341568 U at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the TRX/U range?
Over the last 244 daily candles the ratio traded between 0.273616 (06.02.2026) and 0.37701 (26.05.2026).
Are TRX and U correlated?
The correlation of daily log returns between TRX and U is -0.03, 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 TRX/U spread z-score now?
The z-score is 1.58 — 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/U suitable for a pair trade?
Weakly. Correlation is only -0.03, 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.