PAIR.TRADING

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0.0098574 WLD

F = 0.004216 USDT
WLD = 0.4277 USDT

export 1d data

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

F / WLD ratio and spread

1 F = 0.0098574 WLD. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.706 and the correlation between the legs is 0.43.

Set an alert on this pair The spread z-score is 5.21 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 0.706
Spread z-score 5.21
Correlation 0.43
Half-life 32.6 1d
The spread is beyond +2σ: historically such a divergence closed in about 33 days.

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Key numbers

Current ratio0.00985738
Change 1d17.94%
Change 7d18.65%
Change 30d22.55%
Period high0.0316297
Period low0.00560243
Hedge ratio β0.706
Spread z-score5.21
Correlation0.43
Half-life33 d

over 330 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.43, with a hedge ratio of 0.71. Signals from this pair carry more noise than on a tightly linked one.

The spread currently sits at 5.21 standard deviations above its rolling mean — F is expensive relative to WLD by the standards of this window.

Reversion is slow: the spread needs roughly 33 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 16% of the way from the low to the high of the last 330 daily candles.

Frequently asked

How many WLD is 1 F?

1 F is worth 0.00985738 WLD at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the F/WLD range?

Over the last 330 daily candles the ratio traded between 0.00560243 (17.06.2026) and 0.0316297 (25.10.2025).

Are F and WLD correlated?

The correlation of daily log returns between F and WLD is 0.43, 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 F/WLD spread z-score now?

The z-score is 5.21 — 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 F/WLD suitable for a pair trade?

The mechanics hold up: correlation is 0.43 and the spread historically covers half the way back to its mean in about 33 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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