PAIR.TRADING

Press space to swap the legs.

38.39 CVC

XRP = 1.36 USDT
CVC = 0.04 USDT

export 1d data

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

XRP / CVC ratio and spread

1 XRP = 38.39 CVC. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.683 and the correlation between the legs is 0.48.

Set an alert on this pair The spread z-score is -3.11 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts
Hedge ratio β 0.683
Spread z-score -3.11
Correlation 0.48
Half-life 10.5 1d
The spread is beyond −2σ: historically such a divergence closed in about 10 days.

Sign in to keep favourite pairs.

Alerts

Sign in to set your own alerts.

Key numbers

Current ratio38.3942
Change 1d-35.48%
Change 7d-42.03%
Change 30d-34.24%
Period high80.0707
Period low29.5402
Hedge ratio β0.683
Spread z-score-3.11
Correlation0.48
Half-life10 d

over 350 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.48, with a hedge ratio of 0.68. Signals from this pair carry more noise than on a tightly linked one.

The spread currently sits at -3.11 standard deviations from its rolling mean — XRP is cheap relative to CVC by the standards of this window.

Historically the spread covers half the way back to its mean in about 10 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits near the bottom of its range — only 18% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many CVC is 1 XRP?

1 XRP is worth 38.3942 CVC at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the XRP/CVC range?

Over the last 350 daily candles the ratio traded between 29.5402 (11.11.2025) and 80.0707 (22.08.2026).

Are XRP and CVC correlated?

The correlation of daily log returns between XRP and CVC is 0.48, 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 XRP/CVC spread z-score now?

The z-score is -3.11 — the spread is stretched beyond two standard deviations. It measures how far the regression residual log(A) − β·log(B) sits from its rolling mean, in standard deviations.

Is XRP/CVC suitable for a pair trade?

The mechanics hold up: correlation is 0.48 and the spread historically covers half the way back to its mean in about 10 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.

Converter

XRP
CVC