KALSHI · CFTC-CLEARED BINARY CONTRACT · SPORTS

Will Kylian Mbappe lead FIFA World Cup in Goals for the 2026 World Cup Full Tournament?

YES · live

15.0¢

NO · live

85.5¢

▸ Advanced metrics · M2M bundle

kalshi · kxwcgoalleader-26-kmba · fresh · feed 22s old

24h sparkline · 60 pts▲ 7.14%

realized vol (ann.)

258.79%

max drawdown

21.43%

sharpe

—

ulcer index

5.21%

RMS drawdown

pain index

2.46%

mean drawdown

mod. VaR 95%

0.56%

Cornish-Fisher

martin ratio

—

ret / ulcer

CDaR 95%

16.13%

cond. drawdown

gain/pain

1.03

Σgain / Σ|loss|

sterling

—

ret / CDaR

omega (θ=0)

1.03

upside/downside

roll spread

209.8 bps

implied (price-only)

bars used

740

store

spread

689.7 bps

24h Δ

7.14%

flow lean

—

carry

flat

signalNEUTRALconfidence 25%

24h change +7.14%

Same bundle via M2M API: /api/m2m/kalshi-kxwcgoalleader-26-kmba/bundle · venue execution: kalshi →

LIVEPOLL0SRCWARMING22.3s⏱--:--:-- 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

15.0¢

NO · live

85.5¢

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 = 0.608 / 1.00 bits (61%) · moderate uncertainty

YES

14.9%15.0¢6.67×▬ +0.00pp

85.1%85.5¢1.17×▬ +0.00pp

Σ 100.50% · arb gap 0.50pp

Live numerics · pulse on poll

LIVE NUMERICS9 metrics·POLL 0

⏱snapshot age

22.3s

·ticker

KXWCGOALLEADER-26-KMBA

▲YES bid

14.00¢

▲YES ask

15.00¢

ΣΣ sides

100.50%

⚖arb gap

0.500pp

$24h vol $

$6.2k

◐open interest $

$392.4k

◳history points

0 bars (live)

§1 · Quote

Ticker: KXWCGOALLEADER-26-KMBA
Event ticker: KXWCGOALLEADER-26
YES bid / ask: 14.00¢ / 15.00¢ (spread 1.00pp)
NO bid / ask: 85.00¢ / 86.00¢
Last YES: 15.00¢
Σ-sides: 100.50% (arb gap 0.50pp)

§2 · Activity

Volume 24h: $6.22k
Volume total: $69.20k
Open interest: $392.45k
Liquidity: $0.00
Close time: 2026-08-07T14:00:00Z · 53.9d from now
Status: active

§3 · Resolution rules

If Kylian Mbappe leads FIFA World Cup in Goals for the 2026 World Cup Full Tournament, then the market resolves to Yes.

▸ Depth section using sovereign-store price series (740 bars · effective 350776 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 53.9 d · σ/bar 0.437pp · expected |Δp| over horizon 15.73ppterminal variance p(1−p) = 0.1275 · n = 740✓ n = 740

μ per bar

+0.001pp

average Δp · drift

σ per bar

0.437pp

one-bar volatility · logit-free

Per-day movedaily

2.14pp

σ × √24

Per-horizon move54d

15.73pp

σ × √1294.5512841666666

Terminal variancebinary

0.1275

p(1−p) at resolution

Current pricep

15.0¢

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 0.72pp · ES₉₅ 0.90pp · method parametric · drift-correcteddrift +0.001pp/bar · quantised: yes · median step 1.00pp · unique ratio 0.01✓ n = 740

VaR 95%

0.72pp

1.645·σ (parametric) of Δp

ES 95%

0.90pp

mean of the tail

Max drawdown

21.4pp

peak 14.0¢ → trough 11.0¢

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

15.0%

= price

Decimal oddsEU

6.667

total return per $1

AmericanUS

+567

$100 wins $567

FractionalUK

5.67 / 1

profit per $1 risked

Profit per $100stake

+$566.67

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)

0.610 bit

max 1.0 at p = 0.5

Your entropyH(q)

0.610 bit

Δ +0.000 bit vs market

Surprise · YES−log₂ p

2.74 bit

self-information

Surprise · NO−log₂(1−p)

0.23 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 15:26:33 UTC
Snapshot age: 22.3s
SHA-256 attestation: 1550d67239329cba84502db95207b53b0fcccbe4cd0e54d693c980c3f1676237 · 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 · 740 barsperiods/year ≈ 350.8K

Realized vol (annualised)

1995.85%

σ per bar = 0.033699

Mean return (annualised)

3274.84%

μ per bar = 0.000093

Sharpe (rf=0)

1.64

annualised; risk-free assumed zero

Max drawdown

21.43%

peak 0.14 → trough 0.11 over 20 bars

/api/asset/kalshi-kxwcgoalleader-26-kmba/risk · same metrics, JSON