Singapore cooling degree days · Week 48 · Nov 23 - Nov 29
Cooling degree days at WSSS · 7 local days, 2026-11-23 to 2026-11-29 · trading closes 11-28 16:00 (15 d)
- Model fair
- 57.8 ± 15.5
- priced 23 min ago
- Edge
- -1.7
- fair minus market
- Volume
- 510
- 13 traders
- Open interest
- 481 / 539
- long / short shares
Real-asset futures that follow this index
simulated pricesEach contract below is a commodity price index the demo simulates: 100 on the day it was listed, moved by this contract's CDD and by a simulated market factor. Weather-implied is the price at the index this market is trading at now; when it differs from the asset's own market price, simulated spread traders trade the two against each other.
| Contract | Market price | Weather-implied | Gap | Per 1% of index | Hedge |
|---|---|---|---|---|---|
| PWR-WSSS-26W48Electricity | 98.15long 48¢ | 98.96 | -0.81 | +1.10% | 1.84 short per long share |
How the index builds, day by day
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 |
|---|---|---|---|---|---|
| Mon, Nov 23 | Forecast | 28.1°C | 23.1°C | 7.6 ± 3.1 | 7.6 |
| Tue, Nov 24 | Forecast | 29.3°C | 23.2°C | 8.3 ± 3.3 | 15.9 |
| Wed, Nov 25 | Forecast | 29.3°C | 22.6°C | 8.0 ± 3.5 | 23.8 |
| Thu, Nov 26 | Forecast | 33.2°C | 22.5°C | 9.9 ± 3.8 | 33.7 |
| Fri, Nov 27 | Forecast | 27.2°C | 22.8°C | 7.1 ± 3.9 | 40.8 |
| Sat, Nov 28 | Forecast | 30.2°C | 23.4°C | 8.8 ± 4.2 | 49.6 |
| Sun, Nov 29 | Beyond the forecast | 28.7°C | 23.5°C | 8.2 ± 4.3 | 57.8 |
Market index path
one step per trade · dashed line: model fair nowRecent trades
| Time | Trade | Shares | Amount | Avg price | Index after |
|---|---|---|---|---|---|
| 11-13 18:50 | Buy shortpair | 35.60 | 17.80 | 50.0¢ | 59.5 |
| 11-13 14:50 | Buy short | 39.87 | 19.56 | 49.1¢ | 60.5 |
| 11-13 13:50 | Buy shortpair | 101.44 | 47.98 | 47.3¢ | 61.7 |
| 11-13 12:50 | Buy long | 101.42 | 53.45 | 52.7¢ | 64.8 |
| 11-13 10:50 | Buy long | 50.13 | 25.47 | 50.8¢ | 61.7 |
| 11-13 00:50 | Buy longpair | 50.37 | 24.96 | 49.6¢ | 60.2 |
| 11-12 21:50 | Buy short | 121.06 | 60.00 | 49.6¢ | 58.7 |
| 11-12 17:50 | Buy long | 41.22 | 21.20 | 51.4¢ | 62.3 |
| 11-12 15:50 | Buy short | 12.57 | 6.15 | 48.9¢ | 61.1 |
| 11-12 12:50 | Buy longpair | 41.27 | 20.93 | 50.7¢ | 61.5 |
| 11-12 12:50 | Buy long | 21.04 | 10.51 | 49.9¢ | 60.2 |
| 11-12 11:50 | Buy short | 122.99 | 60.00 | 48.8¢ | 59.6 |
| 11-12 09:50 | Buy shortpair | 38.66 | 18.08 | 46.8¢ | 63.3 |
| 11-12 09:50 | Buy long | 65.25 | 34.52 | 52.9¢ | 64.5 |
| 11-12 06:50 | Buy long | 61.62 | 31.62 | 51.3¢ | 62.5 |
A trade marked pair is one leg of a simulated spread trade: the other leg is in a real-asset contract that follows this index.
Settlement
This contract settles on the sum of the station's daily records, as soon as the oracle marks all 7 days final and settleable - no earlier than 11-29 19:00. If a day of the period cannot settle, the contract is void and every position is refunded at cost.
Contract specification
- Symbol
- CDD-WSSS-26W48
- Index
- Cooling degree days (CDD), in °C-days
- Formula
- max(0, (high + low) / 2 - 18), summed over the period
- Station
- WSSS · Singapore
- Period
- Week 48 · Nov 23 - Nov 29 · 7 local days, 2026-11-23 to 2026-11-29
- Band
- 0 to 120
- Payoff
- Long: (index - 0) / 120 sUSDT per share, held to 0..1. Short: 1 minus that.
- Point value
- 0.0083 sUSDT per share per index point
- Trading closes
- 2026-11-28 16:00 UTC
- Settles from
- 2026-11-29 19:00 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)
Long gains if CDD finishes above the level you pay for.
Virtual sUSDT only. No monetary value.
- 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 0 to 120 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.