KALSHI · CFTC-CLEARED BINARY CONTRACT · SPORTS

Will Germany score over 0.5 goals?

YES · live
97.0¢
NO · live
3.5¢

▸ Advanced metrics · M2M bundle

kalshi · kxwcteamtotal-26jun14gercuw-ger1 · fresh · feed 1m old
24h sparkline · 60 pts▲ 2.11%
realized vol (ann.)
141.67%
max drawdown
4.12%
sharpe
—
ulcer index
1.48%
RMS drawdown
pain index
0.98%
mean drawdown
mod. VaR 95%
0.17%
Cornish-Fisher
martin ratio
—
ret / ulcer
CDaR 95%
3.41%
cond. drawdown
gain/pain
1.13
Σgain / Σ|loss|
sterling
—
ret / CDaR
omega (θ=0)
1.13
upside/downside
roll spread
0.5 bps
implied (price-only)
bars used
770
store
spread
103.6 bps
24h Δ
2.11%
flow lean
—
carry
flat
signalNEUTRALconfidence 25%
  • 24h change +2.11%
Same bundle via M2M API: /api/m2m/kalshi-kxwcteamtotal-26jun14gercuw-ger1/bundle · venue execution: kalshi →
LIVEPOLL0SRCWARMING1.3m⏱--:--:-- UTC8NEXT8.0sUP0s--:--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
97.0¢
NO · live
3.5¢
YES price · live 24h (Kalshi candlesticks)
no history
no history
YES / NO split · live
YES 96.5%NO 3.5%YES96.5%97.00¢ · odds 1/1.03
Σ 100.50% · fair
Σ-sides total = 100.50% (tight rounding)
H(p) entropy = 0.218 / 1.00 bits (22%) · informative — one side favoured
YES
96.5%97.0¢1.03×▬ +0.00pp
NO
3.5%3.5¢28.57×▬ +0.00pp
Σ 100.50% · arb gap 0.50pp
Live numerics · pulse on poll
LIVE NUMERICS9 metrics·POLL 0
⏱snapshot age
1.3m
·ticker
KXWCTEAMTOTAL-26JUN14GERCUW-GER1
▲YES bid
96.00¢
▲YES ask
97.00¢
ΣΣ sides
100.50%
⚖arb gap
0.500pp
$24h vol $
$75.2k
◐open interest $
$370.3k
◳history points
0 bars (live)

§1 · Quote

Ticker
KXWCTEAMTOTAL-26JUN14GERCUW-GER1
Event ticker
KXWCTEAMTOTAL-26JUN14GERCUW
YES bid / ask
96.00¢ / 97.00¢ (spread 1.00pp)
NO bid / ask
3.00¢ / 4.00¢
Last YES
97.00¢
Σ-sides
100.50% (arb gap 0.50pp)

§2 · Activity

Volume 24h
$75.19k
Volume total
$460.13k
Open interest
$370.32k
Liquidity
$0.00
Close time
2026-06-28T17:00:00Z · 14.0d from now
Status
active

§3 · Resolution rules

If Germany records above 0.5 goals in the Germany vs Curacao professional FIFA World Cup soccer game originally scheduled for Jun 14, 2026 after 90 minutes plus stoppage time (does not include extra time or penalties), then the market resolves to Yes.

▸ Depth section using sovereign-store price series (770 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 14.0 d · σ/bar 0.239pp · expected |Δp| over horizon 4.39ppterminal variance p(1−p) = 0.0291 · n = 770✓ n = 770
μ per bar
+0.003pp
average Δp · drift
σ per bar
0.239pp
one-bar volatility · logit-free
Per-day movedaily
1.17pp
σ × √24
Per-horizon move14d
4.39pp
σ × √336.78426666666667
Terminal variancebinary
0.0291
p(1−p) at resolution
Current pricep
97.0¢
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 0.39pp · ES₉₅ 0.49pp · method parametric · drift-correcteddrift +0.003pp/bar · quantised: yes · median step 1.00pp · unique ratio 0.01✓ n = 770
VaR 95%
0.39pp
1.645·σ (parametric) of Δp
ES 95%
0.49pp
mean of the tail
Max drawdown
4.1pp
peak 97.0¢ → trough 93.0¢
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
97.0%
= price
Decimal oddsEU
1.031
total return per $1
AmericanUS
-3233
risk $3233 to win $100
FractionalUK
0.03 / 1
profit per $1 risked
Profit per $100stake
+$3.09
clean dollar framing
-1000-5000+500+1000020406080100you · 97.0%implied probability (%)American odds
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)
0.194 bit
max 1.0 at p = 0.5
Your entropyH(q)
0.194 bit
Δ +0.000 bit vs market
Surprise · YES−log₂ p
0.04 bit
self-information
Surprise · NO−log₂(1−p)
5.06 bit
self-information
0.000.260.530.791.050.00.20.40.60.81.0marketmodelprobabilityH (bits)
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 16:11:37 UTC
Snapshot age
1.3m
SHA-256 attestation
781668dfe696cbc4ec5e8334f81904817603087b050e20cb2b7868a745893862 · 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 · 770 barsperiods/year ≈ 350.6K
Realized vol (annualised)
148.27%
σ per bar = 0.002504
Mean return (annualised)
949.91%
μ per bar = 0.000027
Sharpe (rf=0)
6.41
annualised; risk-free assumed zero
Max drawdown
4.12%
peak 0.97 → trough 0.93 over 75 bars

/api/asset/kalshi-kxwcteamtotal-26jun14gercuw-ger1/risk · same metrics, JSON