OpenPower · Cooling demandWeather index future · simulation
New Delhi cooling degree days · November 2026
Cooling degree days at VIDP · 30 local days, 2026-11-01 to 2026-11-30 · trading closes 11-29 18:30 (16 d)
Market index
104.9°C-days
Long 49.9¢ · Short 50.1¢ per share
- Model fair
- 103.3 ± 13.0
- priced 23 min ago
- Edge
- -1.5
- fair minus market
- Volume
- 207
- 8 traders
- Open interest
- 153 / 264
- long / short shares
50 · long pays 0long pays 1 · 160
Market 104.9Model fair 103.3On the record 66.5 (12 of 30 days) - the index cannot finish below this
Listed at 107.9 · quoted by a market maker, no order book · one share moves 0.0091 sUSDT per index point
How the index builds, day by day
Final recordRecorded, not finalForecastBeyond the forecast
Each bar is one local day's contribution to the index. Days on the final record count as they stand; the rest are the model's estimate, with a whisker one standard deviation either way.
Day-by-day table
| Day | Source | High | Low | CDD | Running total |
|---|---|---|---|---|---|
| Sun, Nov 1 | Final record | 28.0°C | 19.0°C | 5.5 | 5.5 |
| Mon, Nov 2 | Final record | 29.0°C | 19.0°C | 6.0 | 11.5 |
| Tue, Nov 3 | Final record | 29.0°C | 19.0°C | 6.0 | 17.5 |
| Wed, Nov 4 | Final record | 29.0°C | 19.0°C | 6.0 | 23.5 |
| Thu, Nov 5 | Final record | 28.0°C | 18.0°C | 5.0 | 28.5 |
| Fri, Nov 6 | Final record | 29.0°C | 18.0°C | 5.5 | 34.0 |
| Sat, Nov 7 | Final record | 29.0°C | 18.0°C | 5.5 | 39.5 |
| Sun, Nov 8 | Final record | 29.0°C | 18.0°C | 5.5 | 45.0 |
| Mon, Nov 9 | Final record | 28.0°C | 18.0°C | 5.0 | 50.0 |
| Tue, Nov 10 | Final record | 29.0°C | 19.0°C | 6.0 | 56.0 |
| Wed, Nov 11 | Final record | 29.0°C | 18.0°C | 5.5 | 61.5 |
| Thu, Nov 12 | Final record | 28.0°C | 18.0°C | 5.0 | 66.5 |
| Fri, Nov 13 | Recorded, not final | 30.0°C | 18.0°C | 6.0 ± 0.7 | 72.5 |
| Sat, Nov 14 | Forecast | 29.3°C | 18.4°C | 5.8 ± 1.8 | 78.3 |
| Sun, Nov 15 | Forecast | 24.8°C | 18.6°C | 3.7 ± 1.7 | 82.1 |
| Mon, Nov 16 | Forecast | 26.1°C | 15.5°C | 2.9 ± 1.7 | 84.9 |
| Tue, Nov 17 | Forecast | 25.4°C | 13.3°C | 1.6 ± 1.5 | 86.5 |
| Wed, Nov 18 | Forecast | 24.7°C | 13.2°C | 1.4 ± 1.5 | 87.9 |
| Thu, Nov 19 | Forecast | 23.2°C | 12.6°C | 0.8 ± 1.2 | 88.7 |
| Fri, Nov 20 | Forecast | 22.8°C | 11.7°C | 0.6 ± 1.1 | 89.3 |
| Sat, Nov 21 | Forecast | 23.0°C | 11.6°C | 0.7 ± 1.3 | 90.1 |
| Sun, Nov 22 | Forecast | 22.8°C | 11.3°C | 0.8 ± 1.4 | 90.8 |
| Mon, Nov 23 | Forecast | 22.4°C | 11.8°C | 0.9 ± 1.5 | 91.7 |
| Tue, Nov 24 | Forecast | 22.3°C | 12.0°C | 1.0 ± 1.7 | 92.7 |
| Wed, Nov 25 | Forecast | 23.2°C | 10.8°C | 1.0 ± 1.8 | 93.7 |
| Thu, Nov 26 | Forecast | 23.0°C | 12.0°C | 1.3 ± 2.1 | 95.0 |
| Fri, Nov 27 | Forecast | 22.8°C | 11.8°C | 1.3 ± 2.1 | 96.3 |
| Sat, Nov 28 | Forecast | 29.2°C | 13.1°C | 3.7 ± 3.5 | 100.0 |
| Sun, Nov 29 | Beyond the forecast | 23.0°C | 12.5°C | 1.7 ± 2.5 | 101.7 |
| Mon, Nov 30 | Beyond the forecast | 23.0°C | 12.5°C | 1.7 ± 2.5 | 103.3 |
Market index path
one step per trade · dashed line: model fair nowRecent trades
| Time | Trade | Shares | Amount | Avg price | Index after |
|---|---|---|---|---|---|
| 11-13 15:50 | Buy short | 47.48 | 23.52 | 49.5¢ | 104.9 |
| 11-13 00:50 | Buy short | 41.34 | 20.02 | 48.4¢ | 106.2 |
| 11-12 23:50 | Buy long | 39.11 | 20.18 | 51.6¢ | 107.3 |
| 11-12 20:50 | Buy short | 17.13 | 8.34 | 48.7¢ | 106.2 |
| 11-12 18:50 | Buy long | 51.32 | 26.12 | 50.9¢ | 106.7 |
| 11-12 12:50 | Buy short | 120.05 | 57.92 | 48.2¢ | 105.3 |
| 11-12 07:50 | Buy long | 47.86 | 25.20 | 52.7¢ | 108.6 |
| 11-12 04:50 | Buy long | 14.57 | 7.56 | 51.9¢ | 107.3 |
| 11-12 01:50 | Buy short | 38.07 | 18.21 | 47.8¢ | 106.9 |
Settlement
This contract settles on the sum of the station's daily records, as soon as the oracle marks all 30 days final and settleable - no earlier than 11-30 21:30. If a day of the period cannot settle, the contract is void and every position is refunded at cost.
Contract specification
- Symbol
- CDD-VIDP-NOV26
- Index
- Cooling degree days (CDD), in °C-days
- Formula
- max(0, (high + low) / 2 - 18), summed over the period
- Station
- VIDP · New Delhi
- Period
- November 2026 · 30 local days, 2026-11-01 to 2026-11-30
- Band
- 50 to 160
- Payoff
- Long: (index - 50) / 110 sUSDT per share, held to 0..1. Short: 1 minus that.
- Point value
- 0.0091 sUSDT per share per index point
- Trading closes
- 2026-11-29 18:30 UTC
- Settles from
- 2026-11-30 21:30 UTC
- Settlement source
- The station's daily record, final and settleable, from the Weather Market oracle
- Hedges
- Power - Electricity, LNG for power (the exposure it hedges; this contract settles on the index)
Trade CDD-VIDP-NOV26
Long gains if CDD finishes above the level you pay for.
Virtual sUSDT only. No monetary value.
Rules in short
- Long gains when the index finishes higher, short when it finishes lower. A long and a short share together always pay 1 sUSDT.
- Outside the band 50 to 160 the contract pays as if the index had finished on the edge.
- You pay in full when you buy. What you paid is the most you can lose: no margin, no liquidation.
- You can sell back to the market maker at any time before trading closes, when the last day of the period begins.
- Void, with every position refunded at cost, if any day of the period cannot settle on the record.