ONDO / TAO ratio and spread
1 ONDO = 0.001654 TAO. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.473 and the correlation between the legs is 0.65.
If you hold ONDO · If you hold TAO
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Key numbers
over 568 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 0.65, with a hedge ratio of 1.47. Signals from this pair carry more noise than on a tightly linked one.
The spread is at 0.16 standard deviations from its rolling mean, which is effectively at its own norm.
Historically the spread covers half the way back to its mean in about 29 days, so a divergence here tends to resolve within weeks rather than months.
The current ratio sits mid-range — 31% of the way from the low to the high of the last 568 daily candles.
When this happened before
Divergences over 389 candles: 2. Closed by a return to the norm: 2. The median return took 53 days, the longest one 55 days.
The last closed one ran from 14.03.2026 to 08.05.2026, 55 days: peak z = -3.65, TAO was expensive against ONDO.
For a holder this answers not “what to do” but “how long it usually took”: the median return is 53 days. That is no guarantee — past divergences closed, this one may not.
| Period | Expensive leg | Peak z | Return |
|---|---|---|---|
| 14.03.2026 — 08.05.2026 | TAO | -3.65 | 55 d |
| 13.10.2025 — 02.12.2025 | TAO | -3.31 | 50 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 TAO is 1 ONDO?
1 ONDO is worth 0.00165404 TAO at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.
What is the ONDO/TAO range?
Over the last 568 daily candles the ratio traded between 0.000708311 (25.03.2026) and 0.0037341 (15.04.2025).
Are ONDO and TAO correlated?
The correlation of daily log returns between ONDO and TAO is 0.65, 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 ONDO/TAO spread z-score now?
The z-score is 0.16 — 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/TAO suitable for a pair trade?
The mechanics hold up: correlation is 0.65 and the spread historically covers half the way back to its mean in about 29 days. That is a description of past behaviour, not a forecast or a recommendation.
How often do ONDO and TAO diverge?
Over 389 daily candles the spread left ±2σ 2 times. The median return to the norm took 53 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.