XTZ / AVAX ratio and spread
1 XTZ = 0.0355211 AVAX. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.897 and the correlation between the legs is 0.73.
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Key numbers
over 357 daily candles
How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.
What the numbers say
The legs move closely together — correlation of daily log returns is 0.73. The fitted hedge ratio is 0.90, meaning roughly 0.90 units of AVAX exposure balance one unit of XTZ.
The spread currently sits at 2.10 standard deviations above its rolling mean — XTZ is expensive relative to AVAX by the standards of this window.
Historically the spread covers half the way back to its mean in about 24 days, so a divergence here tends to resolve within weeks rather than months.
The current ratio sits mid-range — 50% of the way from the low to the high of the last 357 daily candles.
Frequently asked
How many AVAX is 1 XTZ?
1 XTZ is worth 0.0355211 AVAX at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the XTZ/AVAX range?
Over the last 357 daily candles the ratio traded between 0.0218848 (30.09.2025) and 0.0494072 (19.01.2026).
Are XTZ and AVAX correlated?
The correlation of daily log returns between XTZ and AVAX is 0.73, which counts as a strong 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 XTZ/AVAX spread z-score now?
The z-score is 2.10 — 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 XTZ/AVAX suitable for a pair trade?
The mechanics hold up: correlation is 0.73 and the spread historically covers half the way back to its mean in about 24 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.