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0.0296882 ONDO

BABY = 0.01276 USDT

ONDO = 0.4298 USDT

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

BABY / ONDO ratio and spread

1 BABY = 0.0296882 ONDO. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.872 and the correlation between the legs is 0.35.

Set an alert on this pair The spread z-score is -1.50 right now. Get a message when it reaches your level — instead of watching the chart.

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Hedge ratio β 0.872

Spread z-score -1.50

Correlation 0.35

Half-life 16.8 1d

The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio0.0296882

Change 1d9.42%

Change 7d-8.19%

Change 30d-9.76%

Period high0.108184

Period low0.0271327

Hedge ratio β0.872

Spread z-score-1.50

Correlation0.35

Half-life17 d

over 359 daily candles

How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.35. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at -1.50 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 17 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits near the bottom of its range — only 3% of the way from the low to the high of the last 359 daily candles.

Frequently asked

How many ONDO is 1 BABY?

1 BABY is worth 0.0296882 ONDO at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the BABY/ONDO range?

Over the last 359 daily candles the ratio traded between 0.0271327 (21.09.2026) and 0.108184 (03.05.2026).

Are BABY and ONDO correlated?

The correlation of daily log returns between BABY and ONDO is 0.35, which counts as a weak 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 BABY/ONDO spread z-score now?

The z-score is -1.50 — 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 BABY/ONDO suitable for a pair trade?

Weakly. Correlation is only 0.35, so the legs do not reliably move together and the spread carries mostly idiosyncratic noise.

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.