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0.3240941 ETHFI

ADA = 0.2093 USDT
ETHFI = 0.6458 USDT

export 1d data

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

ADA / ETHFI ratio and spread

1 ADA = 0.3240941 ETHFI. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.048 and the correlation between the legs is 0.71.

Set an alert on this pair The spread z-score is -1.95 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 1.048
Spread z-score -1.95
Correlation 0.71
Half-life 49.0 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio0.324094
Change 1d20.44%
Change 7d-12.97%
Change 30d-18.99%
Period high0.667368
Period low0.269088
Hedge ratio β1.048
Spread z-score-1.95
Correlation0.71
Half-life49 d

over 350 daily candles

What the numbers say

The legs move closely together — correlation of daily log returns is 0.71. The fitted hedge ratio is 1.05, meaning roughly 1.05 units of ETHFI exposure balance one unit of ADA.

The spread is at -1.95 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 49 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 near the bottom of its range — only 14% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many ETHFI is 1 ADA?

1 ADA is worth 0.324094 ETHFI at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the ADA/ETHFI range?

Over the last 350 daily candles the ratio traded between 0.269088 (12.09.2026) and 0.667368 (19.05.2026).

Are ADA and ETHFI correlated?

The correlation of daily log returns between ADA and ETHFI is 0.71, 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 ADA/ETHFI spread z-score now?

The z-score is -1.95 — 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 ADA/ETHFI suitable for a pair trade?

The mechanics hold up: correlation is 0.71 and the spread historically covers half the way back to its mean in about 49 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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