PAIR.TRADING

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640.62 ONDO

BCH = 224.6 USDT
ONDO = 0.35 USDT

export 1d data

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

BCH / ONDO ratio and spread

1 BCH = 640.62 ONDO. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.266 and the correlation between the legs is 0.47.

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Hedge ratio β 0.266
Spread z-score 0.01
Correlation 0.47
Half-life none
The spread does not revert to its mean — it cannot be traded on reversion.

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Key numbers

Current ratio640.616
Change 1d-2.40%
Change 7d-6.15%
Change 30d3.63%
Period high2190.58
Period low518.813
Hedge ratio β0.266
Spread z-score0.01
Correlation0.47
Half-life

over 350 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.47, with a hedge ratio of 0.27. Signals from this pair carry more noise than on a tightly linked one.

The spread is at 0.01 standard deviations from its rolling mean, which is effectively at its own norm.

The spread has not shown mean reversion over the sample: estimates longer than the available history are discarded rather than reported. Trading this pair on reversion has no statistical footing here.

The current ratio sits near the bottom of its range — only 7% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many ONDO is 1 BCH?

1 BCH is worth 640.616 ONDO at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the BCH/ONDO range?

Over the last 350 daily candles the ratio traded between 518.813 (30.07.2026) and 2190.58 (22.02.2026).

Are BCH and ONDO correlated?

The correlation of daily log returns between BCH and ONDO is 0.47, 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 BCH/ONDO spread z-score now?

The z-score is 0.01 — 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 BCH/ONDO suitable for a pair trade?

Not on a reversion thesis. The spread has not returned to its mean within the available history, so there is nothing to trade back to.

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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