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0.0569695 PAXG

BCH = 249.2 USDT

PAXG = 4374.27 USDT

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

BCH / PAXG ratio and spread

1 BCH = 0.0569695 PAXG. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.576 and the correlation between the legs is 0.30.

Set an alert on this pair The spread z-score is 0.03 right now. Get a message when it reaches your level — instead of watching the chart.

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Hedge ratio β 1.576

Spread z-score 0.03

Correlation 0.30

Half-life 106.9 1d

The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio0.0569695

Change 1d9.91%

Change 7d5.22%

Change 30d20.27%

Period high0.158175

Period low0.046379

Hedge ratio β1.576

Spread z-score0.03

Correlation0.30

Half-life107 d

over 355 daily candles

How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.30. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at 0.03 standard deviations from its rolling mean, which is effectively at its own norm.

Reversion is slow: the spread needs roughly 107 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 near the bottom of its range — only 9% of the way from the low to the high of the last 355 daily candles.

Frequently asked

How many PAXG is 1 BCH?

1 BCH is worth 0.0569695 PAXG at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the BCH/PAXG range?

Over the last 355 daily candles the ratio traded between 0.046379 (18.08.2026) and 0.158175 (03.10.2025).

Are BCH and PAXG correlated?

The correlation of daily log returns between BCH and PAXG is 0.30, which counts as a weak 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 BCH/PAXG spread z-score now?

The z-score is 0.03 — 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 BCH/PAXG suitable for a pair trade?

Weakly. Correlation is only 0.30, so the legs do not reliably move together and the spread carries mostly idiosyncratic noise.

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.