New Delhi growing degree days · Week 47 · Nov 16 - Nov 22
Growing degree days at VIDP · 7 local days, 2026-11-16 to 2026-11-22 · trading closes 11-21 18:30 (8 d)
- Model fair
- 59.6 ± 8.5
- priced 23 min ago
- Edge
- +0.4
- fair minus market
- Volume
- 452
- 15 traders
- Open interest
- 390 / 506
- 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 GDD 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 |
|---|---|---|---|---|---|
| WHT-VIDP-26W47Wheat | 100.28long 50¢ | 99.55 | +0.73 | +0.60% | 0.93 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 | GDD | Running total |
|---|---|---|---|---|---|
| Mon, Nov 16 | Forecast | 26.1°C | 15.5°C | 10.8 ± 1.8 | 10.8 |
| Tue, Nov 17 | Forecast | 25.4°C | 13.3°C | 9.4 ± 1.8 | 20.2 |
| Wed, Nov 18 | Forecast | 24.7°C | 13.2°C | 9.0 ± 1.9 | 29.2 |
| Thu, Nov 19 | Forecast | 23.2°C | 12.6°C | 8.0 ± 2.0 | 37.1 |
| Fri, Nov 20 | Forecast | 22.8°C | 11.7°C | 7.5 ± 2.1 | 44.6 |
| Sat, Nov 21 | Forecast | 23.0°C | 11.6°C | 7.6 ± 2.3 | 52.2 |
| Sun, Nov 22 | Forecast | 22.8°C | 11.3°C | 7.4 ± 2.5 | 59.6 |
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 short | 49.27 | 26.87 | 54.5¢ | 59.2 |
| 11-13 17:50 | Buy long | 60.99 | 27.64 | 45.3¢ | 59.9 |
| 11-13 15:50 | Buy short | 83.06 | 45.19 | 54.4¢ | 59.0 |
| 11-13 13:50 | Buy long | 40.61 | 18.73 | 46.1¢ | 60.3 |
| 11-13 11:50 | Buy shortpair | 10.89 | 5.91 | 54.3¢ | 59.6 |
| 11-13 10:50 | Buy long | 25.85 | 11.78 | 45.6¢ | 59.8 |
| 11-13 08:50 | Buy shortpair | 30.49 | 16.58 | 54.4¢ | 59.4 |
| 11-13 06:50 | Buy long | 29.10 | 13.28 | 45.6¢ | 59.9 |
| 11-13 05:50 | Buy long | 30.31 | 13.61 | 44.9¢ | 59.4 |
| 11-13 00:50 | Buy long | 72.46 | 31.62 | 43.6¢ | 58.9 |
| 11-12 20:50 | Buy short | 25.55 | 14.55 | 56.9¢ | 57.8 |
| 11-12 15:50 | Buy longpair | 10.36 | 4.48 | 43.2¢ | 58.2 |
| 11-12 15:50 | Buy short | 25.72 | 14.55 | 56.6¢ | 58.0 |
| 11-12 13:50 | Buy longpair | 10.57 | 4.61 | 43.6¢ | 58.4 |
| 11-12 13:50 | Buy short | 34.88 | 19.56 | 56.1¢ | 58.3 |
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 11-22 21:30. If a day of the period cannot settle, the contract is void and every position is refunded at cost.
Contract specification
- Symbol
- GDD-VIDP-26W47
- Index
- Growing degree days (GDD), in °C-days
- Formula
- (high + low) / 2 - 10 with both held to 10..30 °C, summed over the period
- Station
- VIDP · New Delhi
- Period
- Week 47 · Nov 16 - Nov 22 · 7 local days, 2026-11-16 to 2026-11-22
- Band
- 30 to 95
- Payoff
- Long: (index - 30) / 65 sUSDT per share, held to 0..1. Short: 1 minus that.
- Point value
- 0.0154 sUSDT per share per index point
- Trading closes
- 2026-11-21 18:30 UTC
- Settles from
- 2026-11-22 21:30 UTC
- Settlement source
- The station's daily record, final and settleable, from the Weather Market oracle
- Hedges
- Agriculture - Wheat, Rice (the exposure it hedges; this contract settles on the index)
Long gains if GDD 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 30 to 95 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.