Pairs · Free

Pairs: correlation & cointegration

How tightly well-known crypto and stock pairs move together — and whether their prices are tethered. Recomputed daily. As of 22 Oct 2026, 12 of 43 featured pairs passed the Engle–Granger cointegration test at the 5% level; the most correlated is IBIT/FBTC at 1.00.

Crypto

Crypto majors

Every pair among the eight largest tracked coins.

PairCorrelationCointegratedRelative change
BTC / ETHBitcoin vs Ethereum0.88No-14.8 pts
BTC / XRPBitcoin vs XRP0.88No+10.5 pts
XRP / DOGEXRP vs Dogecoin0.88Yes+19.6 pts
DOGE / ADADogecoin vs Cardano0.82No-44.8 pts
BTC / DOGEBitcoin vs Dogecoin0.82No+30.0 pts
BTC / SOLBitcoin vs Solana0.81No-19.4 pts
ETH / SOLEthereum vs Solana0.81No-4.6 pts
BNB / DOGEBNB vs Dogecoin0.81No+24.6 pts
XRP / ADAXRP vs Cardano0.80No-25.3 pts
ETH / XRPEthereum vs XRP0.79No+25.3 pts
ETH / LINKEthereum vs Chainlink0.76No-15.8 pts
BTC / ADABitcoin vs Cardano0.76No-14.8 pts
SOL / DOGESolana vs Dogecoin0.75Yes+49.5 pts
SOL / XRPSolana vs XRP0.75Yes+29.9 pts
ETH / DOGEEthereum vs Dogecoin0.74No+44.8 pts
DOGE / LINKDogecoin vs Chainlink0.73No-60.7 pts
SOL / LINKSolana vs Chainlink0.72No-11.2 pts
BNB / XRPBNB vs XRP0.72No+5.0 pts
BTC / BNBBitcoin vs BNB0.72No+5.5 pts
SOL / ADASolana vs Cardano0.71No+4.7 pts
BNB / ADABNB vs Cardano0.70No-20.3 pts
BTC / LINKBitcoin vs Chainlink0.70Yes-30.6 pts
SOL / BNBSolana vs BNB0.70No+24.9 pts
ETH / ADAEthereum vs Cardano0.70No+0.0 pts
XRP / LINKXRP vs Chainlink0.69No-41.1 pts
ETH / BNBEthereum vs BNB0.67Yes+20.3 pts
ADA / LINKCardano vs Chainlink0.66No-15.8 pts
BNB / LINKBNB vs Chainlink0.63Yes-36.1 pts

Last updated 22 Oct 2026 · data through the 22 Oct 2026 UTC daily candle

Stocks & ETFs

Stocks & ETFs

Index, sector, bond, sibling-ETF and peer pairs.

PairCorrelationCointegratedRelative change
IBIT / FBTCIBIT vs FBTC1.00Yes+0.0 pts
XLK / QQQXLK vs QQQ0.96No+8.8 pts
SPY / QQQS&P 500 ETF vs Nasdaq-100 ETF0.91No-0.5 pts
HYG / LQDHYG vs LQD0.82No+0.8 pts
COIN / MSTRCoinbase vs MicroStrategy0.82Yes+4.7 pts
MARA / RIOTMarathon Digital vs Riot Platforms0.82Yes-17.5 pts
SPY / DIAS&P 500 ETF vs Dow Jones ETF0.78No+1.4 pts
SPY / IWMS&P 500 ETF vs Russell 2000 ETF0.77No+7.8 pts
JPM / XLFJPM vs XLF0.75Yes+0.1 pts
QQQ / IWMNasdaq-100 ETF vs Russell 2000 ETF0.73Yes+8.3 pts
XLE / USOXLE vs USO0.73No+4.8 pts
NVDA / AVGONvidia vs Broadcom0.49No+28.4 pts
GOOGL / METAGoogle vs Meta0.39No-25.0 pts
GLD / TLTGLD vs TLT0.31No-4.4 pts
AAPL / MSFTApple vs Microsoft0.11Yes-5.3 pts

Last updated 22 Oct 2026 · data through the 22 Oct 2026 UTC daily candle

Quant Terminal

Every tracked pair — about 2,118 of them — tested daily

  • Hedge ratio and mean-reversion half-life
  • Live spread z-score with a ±2σ band — how stretched the pair is today
  • Rolling history of the relationship, and the days it breaks down
  • Pass/fail gates and a composite score across every tracked pair
Open the Quant Terminal

Common questions

What’s the difference between correlation and cointegration?

Correlation measures whether two assets’ daily returns move together. Cointegration asks something stronger: whether the gap between their prices — their ratio — is tethered and tends to pull back toward its usual level. Two assets can be highly correlated yet drift apart for months; that is correlation without cointegration.

How often are these numbers updated?

Every day, from the latest daily close. Correlation uses the last ~120 days of daily returns; the cointegration test runs on the same window of prices.

Educational market data only — not investment advice and not a recommendation to buy or sell any asset. Crypto-asset values are volatile; you can lose money. The operator may hold assets discussed.