PAIR.TRADING

Press space to swap the legs.

3.41E-5 TAO

G = 0.00838 USDT
TAO = 246.1 USDT

export 1d data

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

G / TAO ratio and spread

1 G = 3.41E-5 TAO. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.824 and the correlation between the legs is 0.30.

Set an alert on this pair The spread z-score is 2.24 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts
Hedge ratio β 0.824
Spread z-score 2.24
Correlation 0.30
Half-life 13.8 1d
The spread is beyond +2σ: historically such a divergence closed in about 14 days.

Sign in to keep favourite pairs.

Alerts

Sign in to set your own alerts.

Key numbers

Current ratio0.000034051198699716
Change 1d75.87%
Change 7d125.16%
Change 30d72.23%
Period high0.000034051198699716
Period low0.000009979423868313
Hedge ratio β0.824
Spread z-score2.24
Correlation0.30
Half-life14 d

over 355 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.30. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread currently sits at 2.24 standard deviations above its rolling mean — G is expensive relative to TAO by the standards of this window.

Historically the spread covers half the way back to its mean in about 14 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits in the upper part of its range — 100% of the way from the low to the high of the last 355 daily candles.

Frequently asked

How many TAO is 1 G?

1 G is worth 0.000034051198699716 TAO at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the G/TAO range?

Over the last 355 daily candles the ratio traded between 0.000009979423868313 (15.06.2026) and 0.000034051198699716 (18.09.2026).

Are G and TAO correlated?

The correlation of daily log returns between G and TAO is 0.30, 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 G/TAO spread z-score now?

The z-score is 2.24 — 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 G/TAO suitable for a pair trade?

Weakly. Correlation is only 0.30, 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.

Converter

G
TAO