PAIR.TRADING

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0.008286 AVAX

HBAR = 0.08088 USDT
AVAX = 9.761 USDT

export 1d data

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

HBAR / AVAX ratio and spread

1 HBAR = 0.008286 AVAX. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.799 and the correlation between the legs is 0.77.

Set an alert on this pair The spread z-score is -4.91 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 0.799
Spread z-score -4.91
Correlation 0.77
Half-life 14.6 1d
The spread is beyond −2σ: historically such a divergence closed in about 15 days.

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Key numbers

Current ratio0.00828604
Change 1d-14.31%
Change 7d-18.44%
Change 30d-19.09%
Period high0.0129123
Period low0.00709115
Hedge ratio β0.799
Spread z-score-4.91
Correlation0.77
Half-life15 d

over 357 daily candles

What the numbers say

The legs move closely together — correlation of daily log returns is 0.77. The fitted hedge ratio is 0.80, meaning roughly 0.80 units of AVAX exposure balance one unit of HBAR.

The spread currently sits at -4.91 standard deviations from its rolling mean — HBAR is cheap relative to AVAX by the standards of this window.

Historically the spread covers half the way back to its mean in about 15 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 21% of the way from the low to the high of the last 357 daily candles.

Frequently asked

How many AVAX is 1 HBAR?

1 HBAR is worth 0.00828604 AVAX at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the HBAR/AVAX range?

Over the last 357 daily candles the ratio traded between 0.00709115 (30.09.2025) and 0.0129123 (20.06.2026).

Are HBAR and AVAX correlated?

The correlation of daily log returns between HBAR and AVAX is 0.77, 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 HBAR/AVAX spread z-score now?

The z-score is -4.91 — 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 HBAR/AVAX suitable for a pair trade?

The mechanics hold up: correlation is 0.77 and the spread historically covers half the way back to its mean in about 15 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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