PAIR.TRADING

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97.01 AVAX

BNB = 722.35 USDT
AVAX = 7.45 USDT

export 1d data

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

BNB / AVAX ratio and spread

1 BNB = 97.01 AVAX. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.537 and the correlation between the legs is 0.72.

Set an alert on this pair The spread z-score is 1.66 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 0.537
Spread z-score 1.66
Correlation 0.72
Half-life 20.8 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio97.0118
Change 1d-1.75%
Change 7d0.12%
Change 30d2.80%
Period high102.044
Period low33.3183
Hedge ratio β0.537
Spread z-score1.66
Correlation0.72
Half-life21 d

over 350 daily candles

What the numbers say

The legs move closely together — correlation of daily log returns is 0.72. The fitted hedge ratio is 0.54, meaning roughly 0.54 units of AVAX exposure balance one unit of BNB.

The spread is at 1.66 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.

Historically the spread covers half the way back to its mean in about 21 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits in the upper part of its range — 93% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many AVAX is 1 BNB?

1 BNB is worth 97.0118 AVAX at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the BNB/AVAX range?

Over the last 350 daily candles the ratio traded between 33.3183 (01.10.2025) and 102.044 (05.09.2026).

Are BNB and AVAX correlated?

The correlation of daily log returns between BNB and AVAX is 0.72, 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 BNB/AVAX spread z-score now?

The z-score is 1.66 — 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 BNB/AVAX suitable for a pair trade?

The mechanics hold up: correlation is 0.72 and the spread historically covers half the way back to its mean in about 21 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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