G / AVAX ratio and spread
1 G = 0.0010576 AVAX. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.700 and the correlation between the legs is 0.51.
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Key numbers
over 355 daily candles
How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.
What the numbers say
The legs move together only moderately — correlation of daily log returns is 0.51, with a hedge ratio of 0.70. Signals from this pair carry more noise than on a tightly linked one.
The spread currently sits at 2.87 standard deviations above its rolling mean — G is expensive relative to AVAX by the standards of this window.
Historically the spread covers half the way back to its mean in about 8 days, so a divergence here tends to resolve within weeks rather than months.
The current ratio sits in the upper part of its range — 100% of the way from the low to the high of the last 355 daily candles.
Frequently asked
How many AVAX is 1 G?
1 G is worth 0.00105758 AVAX at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the G/AVAX range?
Over the last 355 daily candles the ratio traded between 0.000323611 (03.01.2026) and 0.00105758 (18.09.2026).
Are G and AVAX correlated?
The correlation of daily log returns between G and AVAX is 0.51, 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 G/AVAX spread z-score now?
The z-score is 2.87 — 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 G/AVAX suitable for a pair trade?
The mechanics hold up: correlation is 0.51 and the spread historically covers half the way back to its mean in about 8 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.