New Delhi growing degree days · Week 48 · Nov 23 - Nov 29
Growing degree days at VIDP · 7 local days, 2026-11-23 to 2026-11-29 · trading closes 11-28 18:30 (15 d)
- Model fair
- 57.1 ± 12.7
- priced 23 min ago
- Edge
- -3.9
- fair minus market
- Volume
- 488
- 12 traders
- Open interest
- 534 / 443
- 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-26W48Wheat | 99.63long 50¢ | 101.42 | -1.79 | +0.60% | 0.92 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 23 | Forecast | 22.4°C | 11.8°C | 7.4 ± 2.7 | 7.4 |
| Tue, Nov 24 | Forecast | 22.3°C | 12.0°C | 7.5 ± 2.9 | 14.9 |
| Wed, Nov 25 | Forecast | 23.2°C | 10.8°C | 7.6 ± 2.9 | 22.5 |
| Thu, Nov 26 | Forecast | 23.0°C | 12.0°C | 7.9 ± 3.2 | 30.4 |
| Fri, Nov 27 | Forecast | 22.8°C | 11.8°C | 7.8 ± 3.3 | 38.2 |
| Sat, Nov 28 | Forecast | 29.2°C | 13.1°C | 10.7 ± 2.9 | 48.9 |
| Sun, Nov 29 | Beyond the forecast | 23.0°C | 12.5°C | 8.2 ± 3.7 | 57.1 |
Market index path
one step per trade · dashed line: model fair nowRecent trades
| Time | Trade | Shares | Amount | Avg price | Index after |
|---|---|---|---|---|---|
| 11-13 19:50 | Buy shortpair | 11.22 | 5.48 | 48.8¢ | 61.0 |
| 11-13 07:50 | Buy long | 69.64 | 35.12 | 50.4¢ | 61.3 |
| 11-13 04:50 | Buy long | 33.90 | 16.66 | 49.1¢ | 59.6 |
| 11-13 03:50 | Buy short | 33.42 | 17.00 | 50.9¢ | 58.7 |
| 11-12 22:50 | Buy long | 39.65 | 19.45 | 49.1¢ | 59.6 |
| 11-12 21:50 | Buy long | 28.27 | 13.63 | 48.2¢ | 58.6 |
| 11-12 17:50 | Buy longpair | 13.21 | 6.30 | 47.7¢ | 57.9 |
| 11-12 17:50 | Buy short | 25.83 | 13.47 | 52.2¢ | 57.5 |
| 11-12 16:50 | Buy short | 27.85 | 14.34 | 51.5¢ | 58.2 |
| 11-12 15:50 | Buy longpair | 30.07 | 14.58 | 48.5¢ | 58.9 |
| 11-12 15:50 | Buy short | 116.92 | 58.96 | 50.4¢ | 58.1 |
| 11-12 12:50 | Buy short | 20.96 | 10.21 | 48.7¢ | 61.0 |
| 11-12 10:50 | Buy short | 75.80 | 36.00 | 47.5¢ | 61.6 |
| 11-12 09:50 | Buy shortpair | 19.02 | 8.81 | 46.3¢ | 63.4 |
| 11-12 07:50 | Buy long | 114.29 | 60.00 | 52.5¢ | 63.9 |
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 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-26W48
- 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 48 · Nov 23 - Nov 29 · 7 local days, 2026-11-23 to 2026-11-29
- Band
- 10 to 110
- Payoff
- Long: (index - 10) / 100 sUSDT per share, held to 0..1. Short: 1 minus that.
- Point value
- 0.0100 sUSDT per share per index point
- Trading closes
- 2026-11-28 18:30 UTC
- Settles from
- 2026-11-29 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 10 to 110 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.