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0.8738927 CRV
TRX = 0.3354 USDT
CRV = 0.3838 USDT

TRX / CRV ratio and spread

1 TRX = 0.8738927 CRV. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -0.054 and the correlation between the legs is 0.36.

Set an alert on this pair The spread z-score is 0.78 right now. Get a message when it reaches your level — instead of watching the chart.
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If you hold TRX · If you hold CRV

Hedge ratio β -0.054
Spread z-score 0.78
Percentile, 1.0 y 34
Correlation 0.36
Half-life 35.7 1d
β is negative: the legs moved in opposite directions, so this does not work as a pair.

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Key numbers

Current ratio0.873893
Change 1d-7.27%
Change 7d-6.71%
Change 30d-19.90%
Period high1.72868
Period low0.427436
Hedge ratio β-0.054
Spread z-score0.78
Correlation0.36
Half-life36 d

over 366 daily candles

What the numbers say

The fitted hedge ratio is negative: over the window TRX and CRV moved in opposite directions. A pair trade assumes the legs move together, so this combination does not qualify as one.

The spread is at 0.78 standard deviations from its rolling mean, which is effectively at its own norm.

Reversion is slow: the spread needs roughly 36 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 — 34% of the way from the low to the high of the last 366 daily candles.

Frequently asked

How many CRV is 1 TRX?

1 TRX is worth 0.873893 CRV at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the TRX/CRV range?

Over the last 366 daily candles the ratio traded between 0.427436 (05.10.2025) and 1.72868 (06.06.2026).

Are TRX and CRV correlated?

The correlation of daily log returns between TRX and CRV is 0.36, 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 TRX/CRV spread z-score now?

The z-score is 0.78 — 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 TRX/CRV suitable for a pair trade?

No. The fitted hedge ratio is negative, meaning the legs moved in opposite directions over the window — the market-neutral construction that pair trading relies on does not hold here.

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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