PAIR.TRADING

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0 TAO

PEPE = 3.4E-6 USDT
TAO = 232 USDT

export 1d data

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

PEPE / TAO ratio and spread

1 PEPE = 0 TAO. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.887 and the correlation between the legs is 0.58.

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Hedge ratio β 0.887
Spread z-score 0.51
Correlation 0.58
Half-life 24.3 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio0.000000014482758621
Change 1d-0.14%
Change 7d6.83%
Change 30d9.31%
Period high0.000000031770186335
Period low0.000000009581789307
Hedge ratio β0.887
Spread z-score0.51
Correlation0.58
Half-life24 d

over 350 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.58, with a hedge ratio of 0.89. Signals from this pair carry more noise than on a tightly linked one.

The spread is at 0.51 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 24 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 22% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many TAO is 1 PEPE?

1 PEPE is worth 0.000000014482758621 TAO at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the PEPE/TAO range?

Over the last 350 daily candles the ratio traded between 0.000000009581789307 (25.03.2026) and 0.000000031770186335 (04.10.2025).

Are PEPE and TAO correlated?

The correlation of daily log returns between PEPE and TAO is 0.58, 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/TAO spread z-score now?

The z-score is 0.51 — 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 PEPE/TAO suitable for a pair trade?

The mechanics hold up: correlation is 0.58 and the spread historically covers half the way back to its mean in about 24 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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