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4.09E-5 TAO

BABY = 0.01276 USDT

TAO = 312.1 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 / TAO ratio and spread

1 BABY = 4.09E-5 TAO. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.054 and the correlation between the legs is 0.33.

Set an alert on this pair The spread z-score is -2.82 right now. Get a message when it reaches your level — instead of watching the chart.

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Hedge ratio β 1.054

Spread z-score -2.82

Correlation 0.33

Half-life 15.2 1d

The spread is beyond −2σ: historically such a divergence closed in about 15 days.

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Key numbers

Current ratio0.00004088433194489

Change 1d-8.81%

Change 7d-17.20%

Change 30d-22.01%

Period high0.000180373

Period low0.00003782424563261

Hedge ratio β1.054

Spread z-score-2.82

Correlation0.33

Half-life15 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 0.33. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread currently sits at -2.82 standard deviations from its rolling mean — BABY is cheap relative to TAO by the standards of this window.

Historically the spread covers half the way back to its mean in about 15 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits near the bottom of its range — only 2% of the way from the low to the high of the last 359 daily candles.

Frequently asked

How many TAO is 1 BABY?

1 BABY is worth 0.00004088433194489 TAO at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the BABY/TAO range?

Over the last 359 daily candles the ratio traded between 0.00003782424563261 (25.03.2026) and 0.000180373 (04.10.2025).

Are BABY and TAO correlated?

The correlation of daily log returns between BABY and TAO is 0.33, 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/TAO spread z-score now?

The z-score is -2.82 — 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 BABY/TAO suitable for a pair trade?

Weakly. Correlation is only 0.33, 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.