PAIR.TRADING

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2.457 FET

WLD = 0.42 USDT
FET = 0.171 USDT

export 1d data

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

WLD / FET ratio and spread

1 WLD = 2.457 FET. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.876 and the correlation between the legs is 0.66.

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Hedge ratio β 0.876
Spread z-score 0.30
Correlation 0.66
Half-life 52.2 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio2.45731
Change 1d7.14%
Change 7d4.13%
Change 30d5.36%
Period high3.60096
Period low1.0264
Hedge ratio β0.876
Spread z-score0.30
Correlation0.66
Half-life52 d

over 357 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.66, with a hedge ratio of 0.88. Signals from this pair carry more noise than on a tightly linked one.

The spread is at 0.30 standard deviations from its rolling mean, which is effectively at its own norm.

Reversion is slow: the spread needs roughly 52 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 — 56% of the way from the low to the high of the last 357 daily candles.

Frequently asked

How many FET is 1 WLD?

1 WLD is worth 2.45731 FET at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the WLD/FET range?

Over the last 357 daily candles the ratio traded between 1.0264 (06.04.2026) and 3.60096 (22.10.2025).

Are WLD and FET correlated?

The correlation of daily log returns between WLD and FET is 0.66, 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 WLD/FET spread z-score now?

The z-score is 0.30 — 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 WLD/FET suitable for a pair trade?

The mechanics hold up: correlation is 0.66 and the spread historically covers half the way back to its mean in about 52 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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