New Delhi growing degree days · November 2026
Growing degree days at VIDP · 30 local days, 2026-11-01 to 2026-11-30 · trading closes 11-29 18:30 (16 d)
- Model fair
- 326.6 ± 18.1
- priced 23 min ago
- Edge
- -2.5
- fair minus market
- Volume
- 242
- 11 traders
- Open interest
- 212 / 272
- 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-NOV26Wheat | 96.75long 43¢ | 98.32 | -1.57 | +0.60% | 0.52 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 |
|---|---|---|---|---|---|
| Sun, Nov 1 | Final record | 28.0°C | 19.0°C | 13.5 | 13.5 |
| Mon, Nov 2 | Final record | 29.0°C | 19.0°C | 14.0 | 27.5 |
| Tue, Nov 3 | Final record | 29.0°C | 19.0°C | 14.0 | 41.5 |
| Wed, Nov 4 | Final record | 29.0°C | 19.0°C | 14.0 | 55.5 |
| Thu, Nov 5 | Final record | 28.0°C | 18.0°C | 13.0 | 68.5 |
| Fri, Nov 6 | Final record | 29.0°C | 18.0°C | 13.5 | 82.0 |
| Sat, Nov 7 | Final record | 29.0°C | 18.0°C | 13.5 | 95.5 |
| Sun, Nov 8 | Final record | 29.0°C | 18.0°C | 13.5 | 109.0 |
| Mon, Nov 9 | Final record | 28.0°C | 18.0°C | 13.0 | 122.0 |
| Tue, Nov 10 | Final record | 29.0°C | 19.0°C | 14.0 | 136.0 |
| Wed, Nov 11 | Final record | 29.0°C | 18.0°C | 13.5 | 149.5 |
| Thu, Nov 12 | Final record | 28.0°C | 18.0°C | 13.0 | 162.5 |
| Fri, Nov 13 | Recorded, not final | 30.0°C | 18.0°C | 13.8 ± 0.6 | 176.3 |
| Sat, Nov 14 | Forecast | 29.3°C | 18.4°C | 13.7 ± 1.5 | 190.0 |
| Sun, Nov 15 | Forecast | 24.8°C | 18.6°C | 11.7 ± 1.8 | 201.7 |
| Mon, Nov 16 | Forecast | 26.1°C | 15.5°C | 10.8 ± 1.8 | 212.5 |
| Tue, Nov 17 | Forecast | 25.4°C | 13.3°C | 9.4 ± 1.8 | 221.9 |
| Wed, Nov 18 | Forecast | 24.7°C | 13.2°C | 9.0 ± 1.9 | 230.8 |
| Thu, Nov 19 | Forecast | 23.2°C | 12.6°C | 8.0 ± 2.0 | 238.8 |
| Fri, Nov 20 | Forecast | 22.8°C | 11.7°C | 7.5 ± 2.1 | 246.3 |
| Sat, Nov 21 | Forecast | 23.0°C | 11.6°C | 7.6 ± 2.3 | 253.8 |
| Sun, Nov 22 | Forecast | 22.8°C | 11.3°C | 7.4 ± 2.5 | 261.3 |
| Mon, Nov 23 | Forecast | 22.4°C | 11.8°C | 7.4 ± 2.7 | 268.7 |
| Tue, Nov 24 | Forecast | 22.3°C | 12.0°C | 7.5 ± 2.9 | 276.2 |
| Wed, Nov 25 | Forecast | 23.2°C | 10.8°C | 7.6 ± 2.9 | 283.8 |
| Thu, Nov 26 | Forecast | 23.0°C | 12.0°C | 7.9 ± 3.2 | 291.7 |
| Fri, Nov 27 | Forecast | 22.8°C | 11.8°C | 7.8 ± 3.3 | 299.5 |
| Sat, Nov 28 | Forecast | 29.2°C | 13.1°C | 10.7 ± 2.9 | 310.2 |
| Sun, Nov 29 | Beyond the forecast | 23.0°C | 12.5°C | 8.2 ± 3.7 | 318.4 |
| Mon, Nov 30 | Beyond the forecast | 23.0°C | 12.5°C | 8.2 ± 3.7 | 326.6 |
Market index path
one step per trade · dashed line: model fair nowRecent trades
| Time | Trade | Shares | Amount | Avg price | Index after |
|---|---|---|---|---|---|
| 11-13 16:50 | Buy shortpair | 15.39 | 7.77 | 50.5¢ | 329.1 |
| 11-13 15:50 | Buy shortpair | 28.70 | 14.33 | 49.9¢ | 329.6 |
| 11-13 06:50 | Buy short | 30.39 | 14.95 | 49.2¢ | 330.6 |
| 11-13 03:50 | Buy long | 48.55 | 24.56 | 50.6¢ | 331.7 |
| 11-13 00:50 | Buy short | 33.00 | 16.37 | 49.6¢ | 330.0 |
| 11-12 18:50 | Buy longpair | 8.52 | 4.32 | 50.7¢ | 331.1 |
| 11-12 17:50 | Buy longpair | 9.11 | 4.60 | 50.5¢ | 330.8 |
| 11-12 16:50 | Buy longpair | 17.17 | 8.61 | 50.1¢ | 330.5 |
| 11-12 16:50 | Buy short | 65.73 | 32.37 | 49.2¢ | 329.9 |
| 11-12 10:50 | Buy longpair | 4.97 | 2.56 | 51.5¢ | 332.2 |
| 11-12 06:50 | Buy long | 63.93 | 32.38 | 50.7¢ | 332.0 |
| 11-12 04:50 | Buy long | 60.10 | 29.51 | 49.1¢ | 329.8 |
| 11-12 02:50 | Buy short | 30.49 | 15.63 | 51.3¢ | 327.7 |
| 11-12 00:50 | Buy short | 68.11 | 34.08 | 50.0¢ | 328.8 |
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 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
- GDD-VIDP-NOV26
- 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
- November 2026 · 30 local days, 2026-11-01 to 2026-11-30
- Band
- 260 to 400
- Payoff
- Long: (index - 260) / 140 sUSDT per share, held to 0..1. Short: 1 minus that.
- Point value
- 0.0071 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
- 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 260 to 400 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.