PAIR.TRADING

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2.5E-5 DASH

ONE = 0.001443 USDT
DASH = 57.82 USDT

export 1d data

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

ONE / DASH ratio and spread

1 ONE = 2.5E-5 DASH. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.780 and the correlation between the legs is 0.27.

Set an alert on this pair The spread z-score is -0.64 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 0.780
Spread z-score -0.64
Correlation 0.27
Half-life 45.5 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio0.000024956762365963
Change 1d82.06%
Change 7d116.39%
Change 30d3.47%
Period high0.000406589
Period low0.000009837315709202
Hedge ratio β0.780
Spread z-score-0.64
Correlation0.27
Half-life45 d

over 354 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.27. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at -0.64 standard deviations from its rolling mean, which is effectively at its own norm.

Reversion is slow: the spread needs roughly 45 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 4% of the way from the low to the high of the last 354 daily candles.

Frequently asked

How many DASH is 1 ONE?

1 ONE is worth 0.000024956762365963 DASH at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the ONE/DASH range?

Over the last 354 daily candles the ratio traded between 0.000009837315709202 (06.09.2026) and 0.000406589 (29.09.2025).

Are ONE and DASH correlated?

The correlation of daily log returns between ONE and DASH is 0.27, 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 ONE/DASH spread z-score now?

The z-score is -0.64 — 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 ONE/DASH suitable for a pair trade?

Weakly. Correlation is only 0.27, 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.

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