↔

Press space to swap the legs.

3500.74 THE

TAO = 237 USDT

THE = 0.07 USDT

CSV JSON MD

export 1d data

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

TAO / THE ratio and spread

1 TAO = 3500.74 THE. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 0.123 and the correlation between the legs is 0.31.

Set an alert on this pair The spread z-score is 1.16 right now. Get a message when it reaches your level — instead of watching the chart.

Free alerts

Hedge ratio β 0.123

Spread z-score 1.16

Correlation 0.31

Half-life 30.7 1d

The spread is within ±2σ — the pair is near its own norm.

Alerts

Key numbers

Current ratio3500.74

Change 1d5.23%

Change 7d-0.46%

Change 30d3.50%

Period high4047.35

Period low488.202

Hedge ratio β0.123

Spread z-score1.16

Correlation0.31

Half-life31 d

over 350 daily candles

How each of these is computed: regression spread, hedge ratio, spread z-score, half-life, correlation.

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 is at 1.16 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 31 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 in the upper part of its range — 85% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many THE is 1 TAO?

1 TAO is worth 3500.74 THE at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the TAO/THE range?

Over the last 350 daily candles the ratio traded between 488.202 (15.03.2026) and 4047.35 (14.06.2026).

Are TAO and THE correlated?

The correlation of daily log returns between TAO and THE 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 TAO/THE spread z-score now?

The z-score is 1.16 — 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/THE 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.