PAIR.TRADING

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237.23 RLUSD

TAO = 237.3 USDT
RLUSD = 1 USDT

export 1d data

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

TAO / RLUSD ratio and spread

1 TAO = 237.23 RLUSD. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is -107.450 and the correlation between the legs is -0.02.

Set an alert on this pair The spread z-score is 0.73 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β -107.450
Spread z-score 0.73
Correlation -0.02
Half-life 16.3 1d
β is negative: the legs moved in opposite directions, so this does not work as a pair.

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Key numbers

Current ratio237.229
Change 1d0.03%
Change 7d-12.83%
Change 30d15.71%
Period high377.573
Period low154.661
Hedge ratio β-107.450
Spread z-score0.73
Correlation-0.02
Half-life16 d

over 235 daily candles

What the numbers say

The fitted hedge ratio is negative: over the window TAO and RLUSD moved in opposite directions. A pair trade assumes the legs move together, so this combination does not qualify as one.

The spread is at 0.73 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 16 days, so a divergence here tends to resolve within weeks rather than months.

The current ratio sits mid-range — 37% of the way from the low to the high of the last 235 daily candles.

Frequently asked

How many RLUSD is 1 TAO?

1 TAO is worth 237.229 RLUSD at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the TAO/RLUSD range?

Over the last 235 daily candles the ratio traded between 154.661 (11.02.2026) and 377.573 (25.03.2026).

Are TAO and RLUSD correlated?

The correlation of daily log returns between TAO and RLUSD is -0.02, 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 TAO/RLUSD spread z-score now?

The z-score is 0.73 — 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/RLUSD suitable for a pair trade?

No. The fitted hedge ratio is negative, meaning the legs moved in opposite directions over the window — the market-neutral construction that pair trading relies on does not hold here.

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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TAO
RLUSD