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0.5379259 THE

CVC = 0.03631 USDT

THE = 0.0675 USDT

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

CVC / THE ratio and spread

1 CVC = 0.5379259 THE. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.561 and the correlation between the legs is 0.35.

Set an alert on this pair The spread z-score is 6.16 right now. Get a message when it reaches your level — instead of watching the chart.

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Hedge ratio β 0.561

Spread z-score 6.16

Correlation 0.35

Half-life 37.4 1d

The spread is beyond +2σ: historically such a divergence closed in about 37 days.

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Key numbers

Current ratio0.537926

Change 1d66.04%

Change 7d92.49%

Change 30d87.98%

Period high0.537926

Period low0.0513293

Hedge ratio β0.561

Spread z-score6.16

Correlation0.35

Half-life37 d

over 350 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 0.35. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread currently sits at 6.16 standard deviations above its rolling mean — CVC is expensive relative to THE by the standards of this window.

Reversion is slow: the spread needs roughly 37 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 in the upper part of its range — 100% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many THE is 1 CVC?

1 CVC is worth 0.537926 THE at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the CVC/THE range?

Over the last 350 daily candles the ratio traded between 0.0513293 (15.03.2026) and 0.537926 (13.09.2026).

Are CVC and THE correlated?

The correlation of daily log returns between CVC and THE is 0.35, 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 CVC/THE spread z-score now?

The z-score is 6.16 — 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 CVC/THE suitable for a pair trade?

Weakly. Correlation is only 0.35, 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.