PAIR.TRADING

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15112.18 FET

ETH = 2581.16 USDT
FET = 0.17 USDT

export 1d data

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

ETH / FET ratio and spread

1 ETH = 15112.18 FET. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.670 and the correlation between the legs is 0.64.

Set an alert on this pair The spread z-score is 1.06 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 0.670
Spread z-score 1.06
Correlation 0.64
Half-life 46.9 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio15112.2
Change 1d7.40%
Change 7d1.70%
Change 30d4.32%
Period high17679.2
Period low6921.65
Hedge ratio β0.670
Spread z-score1.06
Correlation0.64
Half-life47 d

over 357 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.64, with a hedge ratio of 0.67. Signals from this pair carry more noise than on a tightly linked one.

The spread is at 1.06 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.

Reversion is slow: the spread needs roughly 47 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 mid-range — 76% of the way from the low to the high of the last 357 daily candles.

Frequently asked

How many FET is 1 ETH?

1 ETH is worth 15112.2 FET at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the ETH/FET range?

Over the last 357 daily candles the ratio traded between 6921.65 (03.06.2026) and 17679.2 (19.08.2026).

Are ETH and FET correlated?

The correlation of daily log returns between ETH and FET is 0.64, 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 ETH/FET spread z-score now?

The z-score is 1.06 — 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 ETH/FET suitable for a pair trade?

The mechanics hold up: correlation is 0.64 and the spread historically covers half the way back to its mean in about 47 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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