DOGE / XRP ratio and spread
1 DOGE = 0.0601035 XRP. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.586 and the correlation between the legs is 0.44.
If you hold DOGE · If you hold XRP
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Key numbers
over 2673 daily candles
How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.
What the numbers say
The legs move together only moderately — correlation of daily log returns is 0.44, with a hedge ratio of 1.59. Signals from this pair carry more noise than on a tightly linked one.
The spread is at -1.24 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.
Reversion is slow: the spread needs roughly 219 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 near the bottom of its range — only 9% of the way from the low to the high of the last 2673 daily candles.
When this happened before
Divergences over 2494 candles: 17. Closed by a return to the norm: 16. The median return took 59 days, the longest one 167 days.
The last closed one ran from 03.02.2026 to 20.07.2026, 167 days: peak z = 5.07, DOGE was expensive against XRP.
One is running right now: it started on 21.08.2026, has lasted 68 days, peak z = -2.78, XRP was expensive against DOGE. 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 59 days. That is no guarantee — past divergences closed, this one may not.
| Period | Expensive leg | Peak z | Return |
|---|---|---|---|
| 03.02.2026 — 20.07.2026 | DOGE | 5.07 | 167 d |
| 11.07.2025 — 07.09.2025 | XRP | -4.39 | 58 d |
| 29.11.2024 — 10.05.2025 | XRP | -4.27 | 162 d |
| 09.11.2024 — 16.11.2024 | DOGE | 3.10 | 7 d |
| 07.08.2024 — 05.10.2024 | XRP | -2.25 | 59 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 XRP is 1 DOGE?
1 DOGE is worth 0.0601035 XRP at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the DOGE/XRP range?
Over the last 2673 daily candles the ratio traded between 0.00525698 (01.12.2020) and 0.592836 (12.11.2024).
Are DOGE and XRP correlated?
The correlation of daily log returns between DOGE and XRP is 0.44, 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 DOGE/XRP spread z-score now?
The z-score is -1.24 — 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 DOGE/XRP suitable for a pair trade?
The mechanics hold up: correlation is 0.44 and the spread historically covers half the way back to its mean in about 219 days. That is a description of past behaviour, not a forecast or a recommendation.
How often do DOGE and XRP diverge?
Over 2494 daily candles the spread left ±2σ 17 times. The median return to the norm took 59 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.