AVAX / SAND ratio and spread
1 AVAX = 154.04 SAND. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.624 and the correlation between the legs is 0.79.
If you hold AVAX · If you hold SAND
AVAX has been more expensive against SAND than now only 2 % of the time over 1.0 years. If you hold AVAX, this is worth a look at rotating into SAND.
Sign in to keep favourite pairs.
Alerts
Sign in to set your own alerts.
Key numbers
over 369 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 0.79. The fitted hedge ratio is 0.62, meaning roughly 0.62 units of SAND exposure balance one unit of AVAX.
The spread currently sits at 2.68 standard deviations above its rolling mean — AVAX is expensive relative to SAND by the standards of this window.
Reversion is slow: the spread needs roughly 61 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 — 40% of the way from the low to the high of the last 369 daily candles.
Frequently asked
How many SAND is 1 AVAX?
1 AVAX is worth 154.044 SAND at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the AVAX/SAND range?
Over the last 369 daily candles the ratio traded between 70.4622 (23.01.2026) and 278.273 (21.09.2026).
Are AVAX and SAND correlated?
The correlation of daily log returns between AVAX and SAND is 0.79, 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/SAND spread z-score now?
The z-score is 2.68 — 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/SAND suitable for a pair trade?
The mechanics hold up: correlation is 0.79 and the spread historically covers half the way back to its mean in about 61 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.