PAIR.TRADING

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0.0939432 ETH

TAO = 236.1 USDT
ETH = 2513.22 USDT

export 1d data

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

TAO / ETH ratio and spread

1 TAO = 0.0939432 ETH. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.637 and the correlation between the legs is 0.64.

Set an alert on this pair The spread z-score is -0.44 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 0.637
Spread z-score -0.44
Correlation 0.64
Half-life 23.7 1d
The spread is within ±2σ — the pair is near its own norm.

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Key numbers

Current ratio0.0939432
Change 1d0.83%
Change 7d-12.81%
Change 30d-13.46%
Period high0.171804
Period low0.0710238
Hedge ratio β0.637
Spread z-score-0.44
Correlation0.64
Half-life24 d

over 350 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.64, with a hedge ratio of 0.64. Signals from this pair carry more noise than on a tightly linked one.

The spread is at -0.44 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 — 23% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many ETH is 1 TAO?

1 TAO is worth 0.0939432 ETH at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the TAO/ETH range?

Over the last 350 daily candles the ratio traded between 0.0710238 (05.10.2025) and 0.171804 (25.03.2026).

Are TAO and ETH correlated?

The correlation of daily log returns between TAO and ETH is 0.64, 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 TAO/ETH spread z-score now?

The z-score is -0.44 — 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 TAO/ETH suitable for a pair trade?

The mechanics hold up: correlation is 0.64 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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