AVAX / CRV ratio and spread
1 AVAX = 29.35 CRV. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.973 and the correlation between the legs is 0.73.
If you hold AVAX · If you hold CRV
Sign in to keep favourite pairs.
Alerts
Sign in to set your own alerts.
Key numbers
over 366 daily candles
How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.
What the numbers say
The legs move closely together — correlation of daily log returns is 0.73. The fitted hedge ratio is 0.97, meaning roughly 0.97 units of CRV exposure balance one unit of AVAX.
The spread is at -0.48 standard deviations from its rolling mean, which is effectively at its own norm.
Reversion is slow: the spread needs roughly 35 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 — 42% of the way from the low to the high of the last 366 daily candles.
Frequently asked
How many CRV is 1 AVAX?
1 AVAX is worth 29.354 CRV at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the AVAX/CRV range?
Over the last 366 daily candles the ratio traded between 18.4141 (02.09.2026) and 44.3098 (30.09.2025).
Are AVAX and CRV correlated?
The correlation of daily log returns between AVAX and CRV is 0.73, which counts as a strong 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 AVAX/CRV spread z-score now?
The z-score is -0.48 — 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 AVAX/CRV suitable for a pair trade?
The mechanics hold up: correlation is 0.73 and the spread historically covers half the way back to its mean in about 35 days. That is a description of past behaviour, not a forecast or a recommendation.
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.