DODO / T ratio and spread
1 DODO = 5.018 T. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.322 and the correlation between the legs is 0.26.
If you hold DODO · If you hold T
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Key numbers
over 393 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 0.26. A spread built on such a weak link reverts by coincidence rather than by mechanism.
The spread currently sits at 2.81 standard deviations above its rolling mean — DODO is expensive relative to T by the standards of this window.
Historically the spread covers half the way back to its mean in about 16 days, so a divergence here tends to resolve within weeks rather than months.
The current ratio sits mid-range — 45% of the way from the low to the high of the last 393 daily candles.
When this happened before
Divergences over 214 candles: 4. Closed by a return to the norm: 3. The median return took 17 days, the longest one 52 days.
The last closed one ran from 12.07.2026 to 02.09.2026, 52 days: peak z = 3.47, DODO was expensive against T.
One is running right now: it started on 26.10.2026, has lasted 0 days, peak z = 2.81, DODO was expensive against T. It has not returned to the norm yet.
For a holder this answers not “what to do” but “how long it usually took”: the median return is 17 days. That is no guarantee — past divergences closed, this one may not.
| Period | Expensive leg | Peak z | Return |
|---|---|---|---|
| 12.07.2026 — 02.09.2026 | DODO | 3.47 | 52 d |
| 24.06.2026 — 11.07.2026 | DODO | 2.68 | 17 d |
| 20.05.2026 — 06.06.2026 | DODO | 3.20 | 17 d |
A divergence here is the spread z-score leaving ±2σ; the return is the first value back inside ±0.5σ. Two thresholds rather than one: otherwise chatter right at the border would count as a dozen separate divergences. The first bars of the window are skipped — there z is computed on partial history.
Frequently asked
How many T is 1 DODO?
1 DODO is worth 5.01782 T at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the DODO/T range?
Over the last 393 daily candles the ratio traded between 1.67102 (10.01.2026) and 9.1648 (06.08.2026).
Are DODO and T correlated?
The correlation of daily log returns between DODO and T is 0.26, 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 DODO/T spread z-score now?
The z-score is 2.81 — 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 DODO/T suitable for a pair trade?
Weakly. Correlation is only 0.26, so the legs do not reliably move together and the spread carries mostly idiosyncratic noise.
How often do DODO and T diverge?
Over 214 daily candles the spread left ±2σ 4 times. The median return to the norm took 17 days.
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.