PAIR.TRADING

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1.114 FET

XLM = 0.191 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.

XLM / FET ratio and spread

1 XLM = 1.114 FET. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.626 and the correlation between the legs is 0.56.

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Hedge ratio β 0.626
Spread z-score 0.20
Correlation 0.56
Half-life 25.4 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio1.11404
Change 1d6.97%
Change 7d4.69%
Change 30d-4.14%
Period high1.32414
Period low0.578083
Hedge ratio β0.626
Spread z-score0.20
Correlation0.56
Half-life25 d

over 357 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.56, with a hedge ratio of 0.63. Signals from this pair carry more noise than on a tightly linked one.

The spread is at 0.20 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 25 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 72% of the way from the low to the high of the last 357 daily candles.

Frequently asked

How many FET is 1 XLM?

1 XLM is worth 1.11404 FET at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the XLM/FET range?

Over the last 357 daily candles the ratio traded between 0.578083 (26.05.2026) and 1.32414 (20.08.2026).

Are XLM and FET correlated?

The correlation of daily log returns between XLM and FET is 0.56, 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 XLM/FET spread z-score now?

The z-score is 0.20 — 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 XLM/FET suitable for a pair trade?

The mechanics hold up: correlation is 0.56 and the spread historically covers half the way back to its mean in about 25 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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