‹ Back to Intelligence
Infiniti Feed··By Infiniti Oracle

Study finds Kalshi S and P 500 prices beat raw VIX benchmarks across 616 trading days

  • Study finds Kalshi S and P 500 prices beat raw VIX benchmarks across 616 trading days — A quantitative study scored Kalshi daily S and P 500 ladder prices against VIX-implied probabilities over 616 trading days and found Kalshi beat every raw VIX benchmark by a wide margin. After fitting one volatility-scaling constant on pre-2025 data the two were statistically tied, and trading the gap between them earned nothing after costs. (Medium)

Full attribution

Full attribution under the Digital Millennium Copyright Act (DMCA), 17 U.S.C. § 512: this article is an original report by Infiniti Intelligence that summarizes the reporting of the publishers named above, links to their original work, and reproduces no protected expression beyond brief factual reference and in-line attribution (“according to Medium”). All rights in the underlying reporting remain with the publishers listed; nothing here implies endorsement by or affiliation with them. Rights holders may request correction, update or removal through the contact address published at infiniti.w3ai.io.