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1.6E-6 ORCA
PEPE = 4.4E-6 USDT
ORCA = 2.638 USDT

PEPE / ORCA ratio and spread

1 PEPE = 1.6E-6 ORCA. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.194 and the correlation between the legs is 0.44.

Set an alert on this pair The spread z-score is -2.22 right now. Get a message when it reaches your level — instead of watching the chart.
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If you hold PEPE · If you hold ORCA

PEPE is cheaper against ORCA than in 0 % of the time over 1.8 years. If you hold ORCA, this is worth a look at rotating into PEPE.

Hedge ratio β 1.194
Spread z-score -2.22
Percentile, 1.8 y 0
Correlation 0.44
Half-life 18.9 1d
The spread is beyond −2σ: historically such a divergence closed in about 19 days.

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Key numbers

Current ratio0.000001648976497346
Change 1d-17.22%
Change 7d-33.30%
Change 30d-30.78%
Period high0.000006205128205128
Period low0.000001567965023847
Hedge ratio β1.194
Spread z-score-2.22
Correlation0.44
Half-life19 d

over 670 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.44, with a hedge ratio of 1.19. Signals from this pair carry more noise than on a tightly linked one.

The spread currently sits at -2.22 standard deviations from its rolling mean — PEPE is cheap relative to ORCA by the standards of this window.

Historically the spread covers half the way back to its mean in about 19 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits near the bottom of its range — only 2% of the way from the low to the high of the last 670 daily candles.

Frequently asked

How many ORCA is 1 PEPE?

1 PEPE is worth 0.000001648976497346 ORCA at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the PEPE/ORCA range?

Over the last 670 daily candles the ratio traded between 0.000001567965023847 (21.03.2025) and 0.000006205128205128 (04.01.2026).

Are PEPE and ORCA correlated?

The correlation of daily log returns between PEPE and ORCA 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 PEPE/ORCA spread z-score now?

The z-score is -2.22 — 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 PEPE/ORCA 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 19 days. That is a description of past behaviour, not a forecast or a recommendation.

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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