PAIR.TRADING

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37.41 INJ

BCH = 221.6 USDT
INJ = 5.92 USDT

export 1d data

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

BCH / INJ ratio and spread

1 BCH = 37.41 INJ. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.028 and the correlation between the legs is 0.47.

Set an alert on this pair The spread z-score is -0.09 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 0.028
Spread z-score -0.09
Correlation 0.47
Half-life 275.0 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio37.4072
Change 1d-0.30%
Change 7d-23.86%
Change 30d-16.71%
Period high182.219
Period low36.1054
Hedge ratio β0.028
Spread z-score-0.09
Correlation0.47
Half-life275 d

over 350 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.47, with a hedge ratio of 0.03. Signals from this pair carry more noise than on a tightly linked one.

The spread is at -0.09 standard deviations from its rolling mean, which is effectively at its own norm.

Reversion is slow: the spread needs roughly 275 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 1% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many INJ is 1 BCH?

1 BCH is worth 37.4072 INJ at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the BCH/INJ range?

Over the last 350 daily candles the ratio traded between 36.1054 (09.06.2026) and 182.219 (17.02.2026).

Are BCH and INJ correlated?

The correlation of daily log returns between BCH and INJ is 0.47, 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 BCH/INJ spread z-score now?

The z-score is -0.09 — 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 BCH/INJ suitable for a pair trade?

The mechanics hold up: correlation is 0.47 and the spread historically covers half the way back to its mean in about 275 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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