KALSHI · CFTC-CLEARED BINARY CONTRACT · SPORTS

Will Tommy Fleetwood win the RBC Canadian Open?

YES · live

16.0¢

NO · live

84.5¢

▸ Advanced metrics · M2M bundle

kalshi · kxpgatour-rbbcan26-tfle · fresh · feed 1m old

24h sparkline · 60 pts▼ -27.27%

realized vol (ann.)

514.29%

max drawdown

40.91%

sharpe

—

ulcer index

29.83%

RMS drawdown

pain index

29.47%

mean drawdown

mod. VaR 95%

1.49%

Cornish-Fisher

martin ratio

—

ret / ulcer

CDaR 95%

37.16%

cond. drawdown

gain/pain

0.96

Σgain / Σ|loss|

sterling

—

ret / CDaR

omega (θ=0)

0.96

upside/downside

roll spread

771.5 bps

implied (price-only)

bars used

765

store

spread

645.2 bps

24h Δ

-27.27%

flow lean

—

carry

flat

signalNEUTRALconfidence 25%

24h change -27.27%

Same bundle via M2M API: /api/m2m/kalshi-kxpgatour-rbbcan26-tfle/bundle · venue execution: kalshi →

LIVEPOLL0SRCWARMING1.4m⏱--:--:-- UTCNEXT8.0sUP0s--:--HIST0/30

▶ STREAMING·HYPERLIQUID·POLYMARKET·0 POLLS·SRC WARMING·UPTIME 0s·NEXT POLL 8.0s·CC0 OPEN DATA·HYPO.MARKETS·▶ STREAMING·HYPERLIQUID·POLYMARKET·0 POLLS·SRC WARMING·UPTIME 0s·NEXT POLL 8.0s·CC0 OPEN DATA·HYPO.MARKETS·

YES · live

16.0¢

NO · live

84.5¢

YES price · live 24h (Kalshi candlesticks)

no history

YES / NO split · live

Σ 100.50% · fair

Σ-sides total = 100.50% (tight rounding)

H(p) entropy = 0.632 / 1.00 bits (63%) · moderate uncertainty

YES

15.9%16.0¢6.25×▬ +0.00pp

84.1%84.5¢1.18×▬ +0.00pp

Σ 100.50% · arb gap 0.50pp

Live numerics · pulse on poll

LIVE NUMERICS9 metrics·POLL 0

⏱snapshot age

1.4m

·ticker

KXPGATOUR-RBBCAN26-TFLE

▲YES bid

15.00¢

▲YES ask

16.00¢

ΣΣ sides

100.50%

⚖arb gap

0.500pp

$24h vol $

$146.6k

◐open interest $

$1.7M

◳history points

0 bars (live)

§1 · Quote

Ticker: KXPGATOUR-RBBCAN26-TFLE
Event ticker: KXPGATOUR-RBBCAN26
YES bid / ask: 15.00¢ / 16.00¢ (spread 1.00pp)
NO bid / ask: 84.00¢ / 85.00¢
Last YES: 16.00¢
Σ-sides: 100.50% (arb gap 0.50pp)

§2 · Activity

Volume 24h: $146.55k
Volume total: $380.48k
Open interest: $1.65M
Liquidity: $0.00
Close time: 2026-06-28T04:00:00Z · 13.5d from now
Status: active

§3 · Resolution rules

If Tommy Fleetwood wins the RBC Canadian Open, then the market resolves to Yes.

▸ Depth section using sovereign-store price series (765 bars · effective 350617 bars/year) — annualisation reflects native polling cadence, not upstream timeframes.

§4 · Honest position analytics

A binary-market analytics module framed in horizon time (days to resolution, not annualised). Estimators that need a model probability q as a first-class input (Kelly, KL divergence, Bayesian posterior, Mark-to-Market MC) only render when q is provided externally. Sweep an exploratory q at the interactive simulator →

§5 · Horizon returns

Returns · per bar / per day / per horizon

Horizon 13.5 d · σ/bar 0.869pp · expected |Δp| over horizon 15.64ppterminal variance p(1−p) = 0.1344 · n = 765✓ n = 765

μ per bar

-0.008pp

average Δp · drift

σ per bar

0.869pp

one-bar volatility · logit-free

Per-day movedaily

4.26pp

σ × √24

Per-horizon move13d

15.64pp

σ × √323.90748083333335

Terminal variancebinary

0.1344

p(1−p) at resolution

Current pricep

16.0¢

latest snapshot

Note: annualised Sharpe/Sortino are omitted — they are not meaningful for a bounded fixed-horizon binary contract that snaps to {0, 1} at resolution.

Annualised metrics are intentionally omitted — they don't apply to bounded probability series that resolve at a fixed date.

§6 · Tail risk

VaR · ES · max drawdown

VaR₉₅ 1.44pp · ES₉₅ 1.80pp · method parametric · drift-correcteddrift -0.008pp/bar · quantised: yes · median step 1.00pp · unique ratio 0.01✓ n = 765

VaR 95%

1.44pp

1.645·σ (parametric) of Δp

ES 95%

1.80pp

mean of the tail

Max drawdown

40.9pp

peak 22.0¢ → trough 13.0¢

Median step

1.00pp

price bucket granularity

Price series is bucketed (cent grid). Empirical quantiles collapse to grid points — parametric N(0, σ²) used instead.

Empirical quantiles unless the price series is bucketed (PM cent grid), in which case parametric N(0, σ²) is used to avoid grid collapse.

§7 · Odds conversion

Odds conversion · every dialect a bettor thinks in

Implied probabilityP

16.0%

= price

Decimal oddsEU

6.250

total return per $1

AmericanUS

+525

$100 wins $525

FractionalUK

5.25 / 1

profit per $1 risked

Profit per $100stake

+$525.00

clean dollar framing

underdog (+)favorite (-)your price

Price → implied probability → decimal odds → American moneyline → fractional. Five views of the same number, plus the moneyline curve.

§8 · Binary entropy

Binary entropy · uncertainty as bits of information

Market entropyH(p)

0.634 bit

max 1.0 at p = 0.5

Your entropyH(q)

0.634 bit

Δ +0.000 bit vs market

Surprise · YES−log₂ p

2.64 bit

self-information

Surprise · NO−log₂(1−p)

0.25 bit

self-information

Market entropy only — model entropy requires an external q.

§9 · Model-dependent surfaces

§ Edge / Kelly / KL · no model probability provided

External model required

The position-economics, Kelly, KL-divergence, Bayesian and Monte-Carlo surfaces require a model probability q as input — a number independent of the market price p.

The previous build defaulted q to a tape-momentum heuristic derived from p; that produces apparent edge that is structurally guaranteed to be small and is not a useful skill signal. The auto-derived path has been removed.

To explore these surfaces with a hypothetical q, open the interactive simulator and drag the MODEL P(YES) slider. To wire a real model, POST to the NOSTRADAMUS hook (TBD) or pass ?q=… on the simulator URL.

§∞ · Provenance & attestation

Upstream: api.elections.kalshi.com
Snapshot fetched: 2026-06-14 16:04:08 UTC
Snapshot age: 1.4m
SHA-256 attestation: 56e87849329c280b6f110ff209e314978e8bb33506945f5b6ed944b54c54e680 · deterministic hash of the source snapshot — proves this page was rendered from this exact data
Open data licence: CC0 / public domain · free to mirror, syndicate, analyse

Risk metrics

▸ sovereign store · 765 barsperiods/year ≈ 350.6K

Realized vol (annualised)

3394.35%

σ per bar = 0.057324

Mean return (annualised)

-14614.55%

μ per bar = -0.000417

Sharpe (rf=0)

-4.31

annualised; risk-free assumed zero

Max drawdown

40.91%

peak 0.22 → trough 0.13 over 11 bars

/api/asset/kalshi-kxpgatour-rbbcan26-tfle/risk · same metrics, JSON