Reference
Data, coverage, and definitions
The short version of what can be compared, what cannot, and which data capabilities unlock each analytical module.
Comparison rules
Unavailable is not zeroA missing fee, outcome, or open-interest series is omitted and named—not plotted on the axis.
Aligned windows by defaultComparison views use a common recent window; each venue's full history is an explicit alternate view.
Shares and levels are differentAbsolute volume answers scale. Within-venue share answers shape. They are separate controls.
Participant P&L requires identityAnonymous buyer-price bias is not labeled taker P&L when aggressor or buyer identity is unknown.
Capability registry
| Module | Required data | What becomes possible |
|---|---|---|
| Activity | Date + normalized quantity | Volume, growth, market share |
| Trade size | Trade-level prints | Size composition, block share, largest trades |
| Taker behavior | Price + quantity + aggressor side | Taker dollars, yes/no preference |
| Open interest | Comparable daily snapshot | Standing positions and carefully defined turnover |
| Fee economics | Price/quantity + computable schedule | Effective fee rate and exchange revenue |
| Calibration | Price + outcome + event clustering key | Actual-vs-implied and honest intervals |
| Participant P&L | Price + outcome + buyer/aggressor identity | Taker/maker results and market-level P&L |
| Parlay structure | Parlay identity + leg count | Adoption, length, correlation |
| Parlay economics | Price + parlay outcome + buyer identity | House edge, realized P&L, cash-outs |
Core definitions
- Volume is the venue's reported trading quantity. ForecastEx reports matched pairs; most other venues report contracts. Mixed-unit tables never total them.
- Taker-side volume is the dollars paid by the aggressor, not contract face value.
- Fee cost is what one trader pays to execute. Exchange revenue is what the venue retains across charged sides after published rebates.
- Open interest is an end-of-day stock. Turnover is a secondary diagnostic defined literally as reported volume divided by prior reported open interest over the stated window.
- Calibration error is actual win rate minus implied probability. Error intervals cluster related prints at the event level where the data supports it.
- Taker P&L is used only where aggressor identity is observed. Otherwise the dashboard says buyer result or price bias.
Taxonomy and chart-level notes
The detailed source-label mappings stay next to the canonical comparison that uses them:
- Cross-venue product categories
- Cross-venue product taxonomy
- Parlay coverage and definitions
- Calibration coverage
- Market-name and unit coverage
Each chart keeps only one useful sentence in the reading path. Sampling, joins, mappings, and uncertainty details belong in a collapsed chart note or on this reference page—not in a wall of defensive prose before the result.