PAIR.TRADING

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0.0331879 PAXG

SPCXB = 144.04 USDT
PAXG = 4340.14 USDT

export 1d data

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

SPCXB / PAXG ratio and spread

1 SPCXB = 0.0331879 PAXG. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.529 and the correlation between the legs is 0.14.

Set an alert on this pair The spread z-score is 0.21 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 0.529
Spread z-score 0.21
Correlation 0.14
Half-life 14.0 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio0.0331879
Change 1d-4.23%
Change 7d-4.39%
Change 30d-2.03%
Period high0.0528938
Period low0.0268462
Hedge ratio β0.529
Spread z-score0.21
Correlation0.14
Half-life14 d

over 97 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.14. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at 0.21 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 14 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 24% of the way from the low to the high of the last 97 daily candles.

Frequently asked

How many PAXG is 1 SPCXB?

1 SPCXB is worth 0.0331879 PAXG at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the SPCXB/PAXG range?

Over the last 97 daily candles the ratio traded between 0.0268462 (02.08.2026) and 0.0528938 (16.06.2026).

Are SPCXB and PAXG correlated?

The correlation of daily log returns between SPCXB and PAXG is 0.14, which counts as a weak 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 SPCXB/PAXG spread z-score now?

The z-score is 0.21 — 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 SPCXB/PAXG suitable for a pair trade?

Weakly. Correlation is only 0.14, so the legs do not reliably move together and the spread carries mostly idiosyncratic noise.

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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