PAIR.TRADING

Press space to swap the legs.

0.0170226 TAO

AR = 4.511 USDT
TAO = 265 USDT

export 1d data

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

AR / TAO ratio and spread

1 AR = 0.0170226 TAO. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.995 and the correlation between the legs is 0.50.

Set an alert on this pair The spread z-score is 3.89 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts
Hedge ratio β 0.995
Spread z-score 3.89
Correlation 0.50
Half-life 31.5 1d
The spread is beyond +2σ: historically such a divergence closed in about 31 days.

Sign in to keep favourite pairs.

Alerts

Sign in to set your own alerts.

Key numbers

Current ratio0.0170226
Change 1d48.98%
Change 7d50.72%
Change 30d81.73%
Period high0.0211306
Period low0.0050413
Hedge ratio β0.995
Spread z-score3.89
Correlation0.50
Half-life31 d

over 356 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.50, with a hedge ratio of 0.99. Signals from this pair carry more noise than on a tightly linked one.

The spread currently sits at 3.89 standard deviations above its rolling mean — AR is expensive relative to TAO by the standards of this window.

Reversion is slow: the spread needs roughly 31 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 — 74% of the way from the low to the high of the last 356 daily candles.

Frequently asked

How many TAO is 1 AR?

1 AR is worth 0.0170226 TAO at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the AR/TAO range?

Over the last 356 daily candles the ratio traded between 0.0050413 (08.04.2026) and 0.0211306 (08.11.2025).

Are AR and TAO correlated?

The correlation of daily log returns between AR and TAO is 0.50, 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 AR/TAO spread z-score now?

The z-score is 3.89 — the spread is stretched beyond two standard deviations. It measures how far the regression residual log(A) − β·log(B) sits from its rolling mean, in standard deviations.

Is AR/TAO suitable for a pair trade?

The mechanics hold up: correlation is 0.50 and the spread historically covers half the way back to its mean in about 31 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.

Converter

AR
TAO