Crypto ratios

SOL/ETH ratio today

The SOL/ETH ratio is SOL's price divided by ETH's, from Hyperliquid perp prices, with its 30, 90 and 365-day change, RSI and 200-day average. Today's values are updating.

By Keel Research Team

The ratio data is updating. Check back in a few minutes.

Today’s values are being computed. The page fills in as soon as they are ready; the strategy links below work now.

How this ratio is calculated

Solana’s daily close divided by Ethereum’s, both from Hyperliquid perpetual prices at the 00:00 UTC close, updated once a day after the close. The live value in the answer uses the last hourly close instead. The 50 and 200-day averages and the RSI(14) are computed on the ratio itself, not on either coin.

A perpetual trades a little above or below spot by its basis, which is small, so this ratio can differ slightly from an exchange’s SOLETH spot pair.

Trade the ratio as a rotation

A momentum rule ranks coins by their recent return and holds the strongest, and the library version steps aside when its market trend filter turns down. Fork it and set its coins to SOL and ETH, and it becomes a rotation between the two: it tends to hold whichever has been stronger, or nothing. Backtest it on Hyperliquid history before you run it on paper: the link card at the top of this page opens the momentum backtest and the library strategy to fork.

Test a rotation between SOL and ETH

Start from the momentum backtest or fork the library strategy, set its coins to SOL and ETH, and run it on paper before any money moves.

FAQ

SOL/ETH ratio questions

What is the SOL/ETH ratio?

The price of one SOL in ETH: SOL's daily close divided by ETH's. It rises when SOL outperforms ETH and falls when ETH outperforms SOL, whatever the dollar price of either does.

What does the SOL/ETH ratio show?

How many ETH one SOL buys. It rises when SOL outperforms ETH and falls when ETH outperforms SOL, so it shows which of the two has been stronger without a dollar price in the way.

Why is this different from the SOLETH chart on an exchange?

This ratio comes from Hyperliquid perpetual prices, not a spot SOLETH market. A perp trades a little above or below spot by its basis, so the two can differ slightly, and the daily value here is taken at the 00:00 UTC close.

How far back does this chart go?

The chart shows the last year of daily closes, from Keel's own record of Hyperliquid perp prices.