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5.493 AAVE

SPYB = 761.64 USDT

AAVE = 138.66 USDT

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

SPYB / AAVE ratio and spread

1 SPYB = 5.493 AAVE. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.025 and the correlation between the legs is 0.37.

Set an alert on this pair The spread z-score is -0.22 right now. Get a message when it reaches your level — instead of watching the chart.

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Hedge ratio β 0.025

Spread z-score -0.22

Correlation 0.37

Half-life 9.1 1d

The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio5.49286

Change 1d-13.15%

Change 7d-6.67%

Change 30d-30.63%

Period high8.91443

Period low5.28341

Hedge ratio β0.025

Spread z-score-0.22

Correlation0.37

Half-life9 d

over 74 daily candles

How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.37. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at -0.22 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 9 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits near the bottom of its range — only 6% of the way from the low to the high of the last 74 daily candles.

Frequently asked

How many AAVE is 1 SPYB?

1 SPYB is worth 5.49286 AAVE at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the SPYB/AAVE range?

Over the last 74 daily candles the ratio traded between 5.28341 (23.08.2026) and 8.91443 (16.08.2026).

Are SPYB and AAVE correlated?

The correlation of daily log returns between SPYB and AAVE is 0.37, 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 SPYB/AAVE spread z-score now?

The z-score is -0.22 — 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 SPYB/AAVE suitable for a pair trade?

Weakly. Correlation is only 0.37, 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.