PAIR.TRADING

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0.0001342 ETH

XTZ = 0.3506 USDT
ETH = 2613.33 USDT

export 1d data

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

XTZ / ETH ratio and spread

1 XTZ = 0.0001342 ETH. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.161 and the correlation between the legs is 0.66.

Set an alert on this pair The spread z-score is 1.25 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 1.161
Spread z-score 1.25
Correlation 0.66
Half-life 57.8 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio0.000134158
Change 1d17.91%
Change 7d18.61%
Change 30d40.55%
Period high0.000221043
Period low0.000086467599750999
Hedge ratio β1.161
Spread z-score1.25
Correlation0.66
Half-life58 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 1.16. Signals from this pair carry more noise than on a tightly linked one.

The spread is at 1.25 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.

Reversion is slow: the spread needs roughly 58 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 — 35% of the way from the low to the high of the last 357 daily candles.

Frequently asked

How many ETH is 1 XTZ?

1 XTZ is worth 0.000134158 ETH at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the XTZ/ETH range?

Over the last 357 daily candles the ratio traded between 0.000086467599750999 (31.08.2026) and 0.000221043 (01.03.2026).

Are XTZ and ETH correlated?

The correlation of daily log returns between XTZ and ETH 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 XTZ/ETH spread z-score now?

The z-score is 1.25 — 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 XTZ/ETH 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 58 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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