PAIR.TRADING

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0.005249 AVAX

SEI = 0.05944 USDT
AVAX = 11.324 USDT

export 1d data

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

SEI / AVAX ratio and spread

1 SEI = 0.005249 AVAX. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.347 and the correlation between the legs is 0.79.

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Hedge ratio β 1.347
Spread z-score -3.81
Correlation 0.79
Half-life 40.1 1d
The spread is beyond −2σ: historically such a divergence closed in about 40 days.

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Key numbers

Current ratio0.00524903
Change 1d8.00%
Change 7d-14.41%
Change 30d-14.37%
Period high0.0110025
Period low0.00486023
Hedge ratio β1.347
Spread z-score-3.81
Correlation0.79
Half-life40 d

over 358 daily candles

What the numbers say

The legs move closely together — correlation of daily log returns is 0.79. The fitted hedge ratio is 1.35, meaning roughly 1.35 units of AVAX exposure balance one unit of SEI.

The spread currently sits at -3.81 standard deviations from its rolling mean — SEI is cheap relative to AVAX by the standards of this window.

Reversion is slow: the spread needs roughly 40 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 6% of the way from the low to the high of the last 358 daily candles.

Frequently asked

How many AVAX is 1 SEI?

1 SEI is worth 0.00524903 AVAX at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the SEI/AVAX range?

Over the last 358 daily candles the ratio traded between 0.00486023 (20.09.2026) and 0.0110025 (16.11.2025).

Are SEI and AVAX correlated?

The correlation of daily log returns between SEI and AVAX is 0.79, 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 SEI/AVAX spread z-score now?

The z-score is -3.81 — 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 SEI/AVAX suitable for a pair trade?

The mechanics hold up: correlation is 0.79 and the spread historically covers half the way back to its mean in about 40 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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