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0.1134232 ICP
CRV = 0.387 USDT
ICP = 3.412 USDT

CRV / ICP ratio and spread

1 CRV = 0.1134232 ICP. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.027 and the correlation between the legs is 0.53.

Set an alert on this pair The spread z-score is 1.07 right now. Get a message when it reaches your level — instead of watching the chart.
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If you hold CRV · If you hold ICP

Hedge ratio β 1.027
Spread z-score 1.07
Percentile, 1.0 y 74
Correlation 0.53
Half-life 20.6 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio0.113423
Change 1d0.97%
Change 7d-5.61%
Change 30d-9.91%
Period high0.181836
Period low0.0501066
Hedge ratio β1.027
Spread z-score1.07
Correlation0.53
Half-life21 d

over 366 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.53, with a hedge ratio of 1.03. Signals from this pair carry more noise than on a tightly linked one.

The spread is at 1.07 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 21 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 48% of the way from the low to the high of the last 366 daily candles.

Frequently asked

How many ICP is 1 CRV?

1 CRV is worth 0.113423 ICP at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the CRV/ICP range?

Over the last 366 daily candles the ratio traded between 0.0501066 (08.11.2025) and 0.181836 (19.10.2025).

Are CRV and ICP correlated?

The correlation of daily log returns between CRV and ICP is 0.53, which counts as a moderate 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 CRV/ICP spread z-score now?

The z-score is 1.07 — 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 CRV/ICP suitable for a pair trade?

The mechanics hold up: correlation is 0.53 and the spread historically covers half the way back to its mean in about 21 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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