PAIR.TRADING

Press space to swap the legs.

163.45 NOM
ONDO = 0.42 USDT
NOM = 0 USDT

ONDO / NOM ratio and spread

1 ONDO = 163.45 NOM. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.225 and the correlation between the legs is 0.30.

Set an alert on this pair The spread z-score is 0.86 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts

If you hold ONDO · If you hold NOM

Hedge ratio β 0.225
Spread z-score 0.86
Correlation 0.30
Half-life 37.2 1d
The spread is within ±2σ — the pair is near its own norm.

Sign in to keep favourite pairs.

Alerts

Sign in to set your own alerts.

Key numbers

Current ratio163.447
Change 1d-34.55%
Change 7d-27.55%
Change 30d-33.28%
Period high295.103
Period low17.195
Hedge ratio β0.225
Spread z-score0.86
Correlation0.30
Half-life37 d

over 359 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 is at 0.86 standard deviations from its rolling mean, which is effectively at its own norm.

Reversion is slow: the spread needs roughly 37 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 mid-range — 53% of the way from the low to the high of the last 359 daily candles.

Frequently asked

How many NOM is 1 ONDO?

1 ONDO is worth 163.447 NOM at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the ONDO/NOM range?

Over the last 359 daily candles the ratio traded between 17.195 (25.01.2026) and 295.103 (30.07.2026).

Are ONDO and NOM correlated?

The correlation of daily log returns between ONDO and NOM 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 ONDO/NOM spread z-score now?

The z-score is 0.86 — 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 ONDO/NOM 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

ONDO
NOM