CFX / AVAX ratio and spread
1 CFX = 0.0059507 AVAX. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.802 and the correlation between the legs is 0.75.
If you hold CFX · If you hold AVAX
Sign in to keep favourite pairs.
Alerts
Sign in to set your own alerts.
Key numbers
over 377 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 0.75. The fitted hedge ratio is 0.80, meaning roughly 0.80 units of AVAX exposure balance one unit of CFX.
The spread currently sits at -2.13 standard deviations from its rolling mean — CFX is cheap relative to AVAX by the standards of this window.
Historically the spread covers half the way back to its mean in about 10 days, so a divergence here tends to resolve within weeks rather than months.
The current ratio sits mid-range — 40% of the way from the low to the high of the last 377 daily candles.
Frequently asked
How many AVAX is 1 CFX?
1 CFX is worth 0.00595072 AVAX at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the CFX/AVAX range?
Over the last 377 daily candles the ratio traded between 0.00450385 (11.10.2025) and 0.00808033 (19.06.2026).
Are CFX and AVAX correlated?
The correlation of daily log returns between CFX and AVAX is 0.75, 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 CFX/AVAX spread z-score now?
The z-score is -2.13 — 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 CFX/AVAX suitable for a pair trade?
The mechanics hold up: correlation is 0.75 and the spread historically covers half the way back to its mean in about 10 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.