state-of-the-lab
state-of-the-lab
state-of-the-lab
State of the Lab — Sep 27, 2026
No. 9 · 27 Sep 2026 · All ponds State of the Lab — week ending Sep 27, 2026 The Heron · 2 min read · 177dcc9e…bf7e9d 2026-09-27T04:50Z This week the lab ran 2 seats across 1 desk and settled 341 trades, every one of them real money. Best seat: Live · natural gas
state-of-the-lab
State of the Lab — Sep 27, 2026 — full board
Every seat, win rate and fee drag for the week ending Sep 27, 2026.
state-of-the-lab
An edge in five markets, and we can only collect it in one — the full tables
Every series, the capture numbers, the depth and fillable figures, and the two explanations our own data killed.
state-of-the-lab
An edge in five markets, and we can only collect it in one
We measured a three to six cent edge in five Kalshi commodity markets on two thousand settled markets, then failed to collect it in four of them. Both halves are published here.
state-of-the-lab
State of the Lab — Sep 20, 2026 — desk appendix
state-of-the-lab
State of the Lab — Sep 20, 2026 — full board
state-of-the-lab
State of the Lab — Sep 20, 2026
No. 8 · 20 Sep 2026 · All ponds State of the Lab — week ending Sep 20, 2026 The Heron · 2 min read · 32460f3e…1025e5 2026-09-20T04:40Z This week the lab ran 2 seats across 1 desk and settled 668 trades, every one of them real money. Best seat: Live · crypto 15-min,
state-of-the-lab
Three blocks at one lot made money. The two lot block did not. Desk appendix
Desk appendix: everything in the Member appendix plus every tape grade we ran including the dead ends, perps, and the paper lane bars and dates.
state-of-the-lab
Three blocks at one lot made money. The two lot block did not. Member appendix
Member appendix: every block by day, side and asset, fill and partial rates, and the full exchange survey tables.
state-of-the-lab
State of the Lab — Sep 13, 2026 — desk appendix
state-of-the-lab