KALSHI · CFTC-CLEARED BINARY CONTRACT · SPORTS

Will Jackson Suber win the RBC Canadian Open?

YES · live

21.0¢

NO · live

78.5¢

▸ Advanced metrics · M2M bundle

kalshi · kxpgatour-rbbcan26-jsub · fresh · feed 58s old

24h sparkline · 60 pts▼ —

realized vol (ann.)

606.04%

max drawdown

55.56%

sharpe

—

ulcer index

23.68%

RMS drawdown

pain index

23.04%

mean drawdown

mod. VaR 95%

1.49%

Cornish-Fisher

martin ratio

—

ret / ulcer

CDaR 95%

39.03%

cond. drawdown

gain/pain

1.01

Σgain / Σ|loss|

sterling

—

ret / CDaR

omega (θ=0)

1.01

upside/downside

roll spread

642.3 bps

implied (price-only)

bars used

509

store

spread

465.1 bps

24h Δ

—

flow lean

—

carry

flat

signalNEUTRALconfidence 20%

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

LIVEPOLL0SRCWARMING58.3s⏱--:--:-- 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

21.0¢

NO · live

78.5¢

YES price · live 24h (Kalshi candlesticks)

no history

YES / NO split · live

Σ 99.50% · moderate

Σ-sides total = 99.50% (0.50pp arb gap)

H(p) entropy = 0.743 / 1.00 bits (74%) · moderate uncertainty

YES

21.1%21.0¢4.76×▬ +0.00pp

78.9%78.5¢1.27×▬ +0.00pp

Σ 99.50% · arb gap 0.50pp

Live numerics · pulse on poll

LIVE NUMERICS9 metrics·POLL 0

⏱snapshot age

58.3s

·ticker

KXPGATOUR-RBBCAN26-JSUB

▲YES bid

21.00¢

▲YES ask

22.00¢

ΣΣ sides

99.50%

⚖arb gap

0.500pp

$24h vol $

$162.0k

◐open interest $

$917.0k

◳history points

0 bars (live)

§1 · Quote

Ticker: KXPGATOUR-RBBCAN26-JSUB
Event ticker: KXPGATOUR-RBBCAN26
YES bid / ask: 21.00¢ / 22.00¢ (spread 1.00pp)
NO bid / ask: 78.00¢ / 79.00¢
Last YES: 21.00¢
Σ-sides: 99.50% (arb gap 0.50pp)

§2 · Activity

Volume 24h: $161.96k
Volume total: $342.12k
Open interest: $916.99k
Liquidity: $0.00
Close time: 2026-06-28T04:00:00Z · 13.8d from now
Status: active

§3 · Resolution rules

If Jackson Suber wins the RBC Canadian Open, then the market resolves to Yes.

▸ Depth section using sovereign-store price series (509 bars · effective 350788 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 13.8 d · σ/bar 1.023pp · expected |Δp| over horizon 18.60ppterminal variance p(1−p) = 0.1659 · n = 509✓ n = 509

μ per bar

+0.002pp

average Δp · drift

σ per bar

1.023pp

one-bar volatility · logit-free

Per-day movedaily

5.01pp

σ × √24

Per-horizon move14d

18.60pp

σ × √330.2679011111111

Terminal variancebinary

0.1659

p(1−p) at resolution

Current pricep

21.0¢

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 1.68pp · ES₉₅ 2.11pp · method parametric · drift-correcteddrift +0.002pp/bar · quantised: yes · median step 1.00pp · unique ratio 0.02✓ n = 509

VaR 95%

1.68pp

1.645·σ (parametric) of Δp

ES 95%

2.11pp

mean of the tail

Max drawdown

55.6pp

peak 27.0¢ → trough 12.0¢

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

21.0%

= price

Decimal oddsEU

4.762

total return per $1

AmericanUS

+376

$100 wins $376

FractionalUK

3.76 / 1

profit per $1 risked

Profit per $100stake

+$376.19

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)

0.741 bit

max 1.0 at p = 0.5

Your entropyH(q)

0.741 bit

Δ +0.000 bit vs market

Surprise · YES−log₂ p

2.25 bit

self-information

Surprise · NO−log₂(1−p)

0.34 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 09:42:57 UTC
Snapshot age: 58.3s
SHA-256 attestation: 256d68b1698c0311df3f6226133e463530646ebd8c8eeda1d79e065b9235ada4 · 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 · 509 barsperiods/year ≈ 350.8K

Realized vol (annualised)

3018.08%

σ per bar = 0.050958

Mean return (annualised)

3369.10%

μ per bar = 0.000096

Sharpe (rf=0)

1.12

annualised; risk-free assumed zero

Max drawdown

55.56%

peak 0.27 → trough 0.12 over 11 bars

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