PAIR.TRADING

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119.64 HBAR

AVAX = 9.71 USDT
HBAR = 0.08 USDT

export 1d data

Derived series only: the ratio of the two legs and the spread z-score. Exchange candles are not included.

AVAX / HBAR ratio and spread

1 AVAX = 119.64 HBAR. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.188 and the correlation between the legs is 0.77.

Set an alert on this pair The spread z-score is 5.14 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 1.188
Spread z-score 5.14
Correlation 0.77
Half-life 13.7 1d
The spread is beyond +2σ: historically such a divergence closed in about 14 days.

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Key numbers

Current ratio119.64
Change 1d15.68%
Change 7d21.55%
Change 30d22.52%
Period high141.021
Period low77.4453
Hedge ratio β1.188
Spread z-score5.14
Correlation0.77
Half-life14 d

over 357 daily candles

What the numbers say

The legs move closely together — correlation of daily log returns is 0.77. The fitted hedge ratio is 1.19, meaning roughly 1.19 units of HBAR exposure balance one unit of AVAX.

The spread currently sits at 5.14 standard deviations above its rolling mean — AVAX is expensive relative to HBAR by the standards of this window.

Historically the spread covers half the way back to its mean in about 14 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 66% of the way from the low to the high of the last 357 daily candles.

Frequently asked

How many HBAR is 1 AVAX?

1 AVAX is worth 119.64 HBAR at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the AVAX/HBAR range?

Over the last 357 daily candles the ratio traded between 77.4453 (20.06.2026) and 141.021 (30.09.2025).

Are AVAX and HBAR correlated?

The correlation of daily log returns between AVAX and HBAR is 0.77, 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/HBAR spread z-score now?

The z-score is 5.14 — the spread is stretched beyond two standard deviations. It measures how far the regression residual log(A) − β·log(B) sits from its rolling mean, in standard deviations.

Is AVAX/HBAR suitable for a pair trade?

The mechanics hold up: correlation is 0.77 and the spread historically covers half the way back to its mean in about 14 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.

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