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0.0004929 BCH
OP = 0.1379 USDT
BCH = 279.8 USDT

OP / BCH ratio and spread

1 OP = 0.0004929 BCH. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.139 and the correlation between the legs is 0.50.

Set an alert on this pair The spread z-score is 0.86 right now. Get a message when it reaches your level — instead of watching the chart.
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If you hold OP · If you hold BCH

Hedge ratio β 1.139
Spread z-score 0.86
Percentile, 1.0 y 66
Correlation 0.50
Half-life 42.3 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio0.000492852
Change 1d12.30%
Change 7d19.50%
Change 30d24.69%
Period high0.00127155
Period low0.000215553
Hedge ratio β1.139
Spread z-score0.86
Correlation0.50
Half-life42 d

over 377 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.50, with a hedge ratio of 1.14. Signals from this pair carry more noise than on a tightly linked one.

The spread is at 0.86 standard deviations from its rolling mean, which is effectively at its own norm.

Reversion is slow: the spread needs roughly 42 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 — 26% of the way from the low to the high of the last 377 daily candles.

Frequently asked

How many BCH is 1 OP?

1 OP is worth 0.000492852 BCH at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the OP/BCH range?

Over the last 377 daily candles the ratio traded between 0.000215553 (29.03.2026) and 0.00127155 (07.10.2025).

Are OP and BCH correlated?

The correlation of daily log returns between OP and BCH is 0.50, 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 OP/BCH spread z-score now?

The z-score is 0.86 — 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 OP/BCH suitable for a pair trade?

The mechanics hold up: correlation is 0.50 and the spread historically covers half the way back to its mean in about 42 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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