PAIR.TRADING

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3.4E-6 TAO

VTHO = 0.000788 USDT
TAO = 232.3 USDT

export 1d data

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

VTHO / TAO ratio and spread

1 VTHO = 3.4E-6 TAO. Below is the price ratio chart and the regression spread z-score. Hedge ratio β is 1.198 and the correlation between the legs is 0.46.

Set an alert on this pair The spread z-score is 5.76 right now. Get a message when it reaches your level — instead of watching the chart.
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Hedge ratio β 1.198
Spread z-score 5.76
Correlation 0.46
Half-life 33.7 1d
The spread is beyond +2σ: historically such a divergence closed in about 34 days.

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Key numbers

Current ratio0.000003392165303487
Change 1d-0.05%
Change 7d116.24%
Change 30d114.94%
Period high0.00000526545908807
Period low0.000001443758573388
Hedge ratio β1.198
Spread z-score5.76
Correlation0.46
Half-life34 d

over 350 daily candles

What the numbers say

The legs move together only moderately — correlation of daily log returns is 0.46, with a hedge ratio of 1.20. Signals from this pair carry more noise than on a tightly linked one.

The spread currently sits at 5.76 standard deviations above its rolling mean — VTHO is expensive relative to TAO by the standards of this window.

Reversion is slow: the spread needs roughly 34 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 — 51% of the way from the low to the high of the last 350 daily candles.

Frequently asked

How many TAO is 1 VTHO?

1 VTHO is worth 0.000003392165303487 TAO at the latest exchange quotes. The figure is the ratio of the two USDT prices and updates every minute.

What is the VTHO/TAO range?

Over the last 350 daily candles the ratio traded between 0.000001443758573388 (15.06.2026) and 0.00000526545908807 (12.02.2026).

Are VTHO and TAO correlated?

The correlation of daily log returns between VTHO and TAO is 0.46, 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 VTHO/TAO spread z-score now?

The z-score is 5.76 — 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 VTHO/TAO suitable for a pair trade?

The mechanics hold up: correlation is 0.46 and the spread historically covers half the way back to its mean in about 34 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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