Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Arbitrage Alert: Building a Cross-Exchange Prediction Market Monitor with Python

Introduction Prediction markets like Polymarket and Kalshi provide real-time probabilities for future events. On October 18, 2024, they priced the Fed's October rate decision four percentage points apart: Polymarket implied a 92% chance of a 25bp cut, while Kalshi showed 88%. Such discrepancies create arbitrage opportunities, but manually monitoring multiple platforms is impractical. In this…

We haven't written up this one. Dev.to has the full story — the link below goes straight to it.

Read the original at dev.to →

More in Finance & Markets

More from Friday 23 October →