PAIR.TRADING
↔

Press space to swap the legs.

0.0013311 TAO
RAD = 0.406 USDT
TAO = 305 USDT

RAD / TAO ratio and spread

1 RAD = 0.0013311 TAO. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.820 and the correlation between the legs is 0.31.

Set an alert on this pair The spread z-score is 2.16 right now. Get a message when it reaches your level — instead of watching the chart.
Free alerts

If you hold RAD · If you hold TAO

Hedge ratio β 0.820
Spread z-score 2.16
Percentile, 1.0 y 69
Correlation 0.31
Half-life 14.5 1d
The spread is beyond +2σ: historically such a divergence closed in about 14 days.

Sign in to keep favourite pairs.

Alerts

Sign in to set your own alerts.

Key numbers

Current ratio0.00133115
Change 1d54.66%
Change 7d65.24%
Change 30d49.11%
Period high0.00230105
Period low0.000627778
Hedge ratio β0.820
Spread z-score2.16
Correlation0.31
Half-life14 d

over 373 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.31. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread currently sits at 2.16 standard deviations above its rolling mean — RAD is expensive relative to TAO by the standards of this window.

Historically the spread covers half the way back to its mean in about 14 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 42% of the way from the low to the high of the last 373 daily candles.

Frequently asked

How many TAO is 1 RAD?

1 RAD is worth 0.00133115 TAO at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the RAD/TAO range?

Over the last 373 daily candles the ratio traded between 0.000627778 (26.03.2026) and 0.00230105 (30.09.2025).

Are RAD and TAO correlated?

The correlation of daily log returns between RAD and TAO is 0.31, 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 RAD/TAO spread z-score now?

The z-score is 2.16 — 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 RAD/TAO suitable for a pair trade?

Weakly. Correlation is only 0.31, 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

RAD
TAO