PAIR.TRADING

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0.0141449 LINK

FET = 0.1708 USDT
LINK = 12.075 USDT

export 1d data

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

FET / LINK ratio and spread

1 FET = 0.0141449 LINK. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.798 and the correlation between the legs is 0.72.

Set an alert on this pair The spread z-score is -0.63 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 0.798
Spread z-score -0.63
Correlation 0.72
Half-life 24.8 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio0.0141449
Change 1d-6.71%
Change 7d-3.79%
Change 30d-0.23%
Period high0.0317433
Period low0.012119
Hedge ratio β0.798
Spread z-score-0.63
Correlation0.72
Half-life25 d

over 357 daily candles

What the numbers say

The legs move closely together — correlation of daily log returns is 0.72. The fitted hedge ratio is 0.80, meaning roughly 0.80 units of LINK exposure balance one unit of FET.

The spread is at -0.63 standard deviations from its rolling mean, which is effectively at its own norm.

Historically the spread covers half the way back to its mean in about 25 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits near the bottom of its range — only 10% of the way from the low to the high of the last 357 daily candles.

Frequently asked

How many LINK is 1 FET?

1 FET is worth 0.0141449 LINK at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the FET/LINK range?

Over the last 357 daily candles the ratio traded between 0.012119 (19.08.2026) and 0.0317433 (03.06.2026).

Are FET and LINK correlated?

The correlation of daily log returns between FET and LINK is 0.72, 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 FET/LINK spread z-score now?

The z-score is -0.63 — 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 FET/LINK suitable for a pair trade?

The mechanics hold up: correlation is 0.72 and the spread historically covers half the way back to its mean in about 25 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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