PAIR.TRADING

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27.31 XTZ

AVAX = 9.59 USDT
XTZ = 0.35 USDT

export 1d data

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

AVAX / XTZ ratio and spread

1 AVAX = 27.31 XTZ. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.948 and the correlation between the legs is 0.73.

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Hedge ratio β 0.948
Spread z-score -1.24
Correlation 0.73
Half-life 18.8 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio27.31
Change 1d-1.29%
Change 7d4.64%
Change 30d-15.89%
Period high45.6939
Period low20.24
Hedge ratio β0.948
Spread z-score-1.24
Correlation0.73
Half-life19 d

over 357 daily candles

What the numbers say

The legs move closely together — correlation of daily log returns is 0.73. The fitted hedge ratio is 0.95, meaning roughly 0.95 units of XTZ exposure balance one unit of AVAX.

The spread is at -1.24 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.

Historically the spread covers half the way back to its mean in about 19 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 28% of the way from the low to the high of the last 357 daily candles.

Frequently asked

How many XTZ is 1 AVAX?

1 AVAX is worth 27.31 XTZ at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the AVAX/XTZ range?

Over the last 357 daily candles the ratio traded between 20.24 (19.01.2026) and 45.6939 (30.09.2025).

Are AVAX and XTZ correlated?

The correlation of daily log returns between AVAX and XTZ 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/XTZ spread z-score now?

The z-score is -1.24 — 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/XTZ 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 19 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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