PAIR.TRADING

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0.0853442 ONDO

SAGA = 0.03657 USDT
ONDO = 0.4285 USDT

export 1d data

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

SAGA / ONDO ratio and spread

1 SAGA = 0.0853442 ONDO. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.630 and the correlation between the legs is 0.38.

Set an alert on this pair The spread z-score is 1.72 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 1.630
Spread z-score 1.72
Correlation 0.38
Half-life 62.4 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio0.0853442
Change 1d35.45%
Change 7d47.80%
Change 30d115.13%
Period high0.245294
Period low0.0288853
Hedge ratio β1.630
Spread z-score1.72
Correlation0.38
Half-life62 d

over 357 daily candles

What the numbers say

The legs barely move together: correlation of daily log returns is only 0.38. A spread built on such a weak link reverts by coincidence rather than by mechanism.

The spread is at 1.72 standard deviations from its rolling mean: away from the norm, but not far enough to call it stretched.

Reversion is slow: the spread needs roughly 62 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 mid-range — 26% of the way from the low to the high of the last 357 daily candles.

Frequently asked

How many ONDO is 1 SAGA?

1 SAGA is worth 0.0853442 ONDO at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the SAGA/ONDO range?

Over the last 357 daily candles the ratio traded between 0.0288853 (30.07.2026) and 0.245294 (21.11.2025).

Are SAGA and ONDO correlated?

The correlation of daily log returns between SAGA and ONDO is 0.38, 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 SAGA/ONDO spread z-score now?

The z-score is 1.72 — 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 SAGA/ONDO suitable for a pair trade?

Weakly. Correlation is only 0.38, 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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