PAIR.TRADING

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0.0045537 ETH

LINK = 11.41 USDT
ETH = 2505.66 USDT

export 1d data

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

LINK / ETH ratio and spread

1 LINK = 0.0045537 ETH. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.002 and the correlation between the legs is 0.88.

Set an alert on this pair The spread z-score is -0.18 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 1.002
Spread z-score -0.18
Correlation 0.88
Half-life 11.4 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio0.00455369
Change 1d-0.28%
Change 7d-13.87%
Change 30d-4.49%
Period high0.00539493
Period low0.00388739
Hedge ratio β1.002
Spread z-score-0.18
Correlation0.88
Half-life11 d

over 350 daily candles

What the numbers say

The legs move closely together — correlation of daily log returns is 0.88. The fitted hedge ratio is 1.00, meaning roughly 1.00 units of ETH exposure balance one unit of LINK.

The spread is at -0.18 standard deviations from its rolling mean, which is effectively at its own norm.

Historically the spread covers half the way back to its mean in about 11 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 44% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many ETH is 1 LINK?

1 LINK is worth 0.00455369 ETH at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the LINK/ETH range?

Over the last 350 daily candles the ratio traded between 0.00388739 (14.04.2026) and 0.00539493 (07.09.2026).

Are LINK and ETH correlated?

The correlation of daily log returns between LINK and ETH is 0.88, 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 LINK/ETH spread z-score now?

The z-score is -0.18 — 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 LINK/ETH suitable for a pair trade?

The mechanics hold up: correlation is 0.88 and the spread historically covers half the way back to its mean in about 11 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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