Live Crypto Correlation Matrix
Real-time rolling correlation across 25 crypto pairs. Adjustable time windows from 1 hour to 1 week. Regime break detection flags when correlations deviate from historical norms.
Fetching 15 pairs from Binance...
What is a correlation matrix?
A correlation matrix shows how closely the price movements of different assets track each other. A value of +1 means two assets move in lockstep. A value of -1 means they move in opposite directions. Zero means no linear relationship. For traders, this reveals which positions are actually independent bets and which are hidden duplicates.
Why correlations break (and why it matters)
Correlations are not constant. During market stress, assets that normally move independently can suddenly become highly correlated. This is called a correlation regime break. When it happens, portfolio risk concentrates fast. This tool flags breaks in real time so you can see when your diversification assumptions stop holding.
How to use this for portfolio construction
Look for pairs with consistently low or negative correlation to build a diversified portfolio. Avoid stacking positions in highly correlated assets because that concentrates risk even if the tickers are different. Use the time window selector to check whether correlations are stable across different horizons. Unstable correlations mean the relationship is unreliable for hedging.
Common questions
Where does the data come from?
All price data streams from the Binance public API via WebSocket. Historical data is fetched on page load to compute the initial matrix, then live candle closes update it in real time. No API key or account is required.
What does the time window control?
The time window sets the lookback period for computing correlations. A 1-hour window uses the last 60 one-minute candles. A 1-day window uses the last 96 fifteen-minute candles. Shorter windows capture fast-changing relationships. Longer windows show more stable structural correlations.
What is a regime break?
A regime break is flagged when the current correlation between two assets deviates by more than 2 standard deviations from its recent historical average. This means the relationship has shifted significantly compared to what it was doing over the past few sessions. Regime breaks often signal changing market conditions like risk-off moves or sector rotation.
Why do some cells pulse with a yellow border?
Pulsing cells indicate a correlation regime break. The current correlation between those two assets is significantly different from the recent historical baseline. Hover over the cell to see the exact current value, historical baseline, and the z-score measuring how extreme the deviation is.
Can I use this for assets other than crypto?
This tool currently uses Binance USDT pairs. Adding traditional market correlations (stocks, forex, commodities) would require additional data sources. If you need multi-asset correlation monitoring for your portfolio, that's something we build as a custom solution.
Need real-time correlation monitoring for your portfolio?
We build custom risk dashboards with live correlation tracking, position aggregation, and automated alerts when your portfolio risk concentrates. Book a free 30-minute diagnostic to discuss your setup.