Live hedge explorer
Find the hedges your business is missing.
Edit the input below and the entire pipeline reruns for your business — profile, retrieval, rerank, and matches all fill in live. About 10 seconds end-to-end. The same flow we use when designing real engagements.
How the explorer works
Watch the pipeline run on a real example.
Edit the input below and the entire pipeline reruns for your business. Every scene fills in with the actual output. The initial example is a Florida commercial property broker.
- 01
You describe your business
One sentence is enough. Industry, geography, scale, anything that shapes your risk surface. Edit the input below to rerun the pipeline on your business.
- 02
We profile your exposure
A senior-risk-consultant style profile: 3–5 distinct exposure mechanisms, each tagged with the specific market-topic phrases we'll search for.
Direct loss exposure: Atlantic hurricane landfall
Atlantic hurricane Florida landfallnamed storm Gulf CoastFEMA disaster declarationRate-driven margin squeeze on carrier float yields
Fed rate cut December10-year Treasury yield Q4FOMC decision next meetingState commissioner rate filing approval
Florida OIR rate filing approvalFlorida insurance commissioner decisionReinsurance market capacity at renewal
Florida hurricane reinsurance renewalreinsurance pricing 2026 - 03
We score every open market against your profile
Every open Kalshi market we have a price on, embedded with text-embedding-3-large. Cosine similarity against your industry, each mechanism, and each topic query.
2,147
live markets in your operational window
10
on-topic by embedding similarity
7
passed rerank into a matcher
Sample of the top-similarity slice · highlighted = passed rerank
Atlantic hurricane lands FL by OctFed rate cut by Dec 2026Will Trump invoke Insurrection Act?Bitcoin above $130k by EOYFlorida OIR approves homeowners filingS&P closes above 7,000 in 2026Bank of Canada cuts in 2026Will Zelenskyy + Putin meet?Reinsurance renewal pricing Q1Inflation above 4% YoYCalifornia wildfire severity 2026Recession starts in 2026Named storm makes Gulf landfallGDP growth 2.1–2.5% in 2026Treasury 10-yr above 5% by Q4Pope's identity announced this yearUnemployment above 6%Trump Greenland deal by 2027FEMA disaster declaration FLWill SpaceX IPO this year?WTI oil above $115 EOYTariff increase on Chinese importsPowell removed before term endsStanley Cup champion 2026The big number on the left is filtered to your hedging window (events resolving within ~12 months) and excludes sports, entertainment, and zero-volume markets. The total open surface across both exchanges is much larger; most of it is long-dated novelty bets that aren't operational hedges.
- 04
We rerank and match per mechanism
Each mechanism runs its own retrieve → rerank → match pipeline in parallel. A gpt-4o-mini reranker scores hedge-relevance 0–10 to suppress topical-but-causally-weak hits before the matcher LLM sees them.
Direct loss exposure: Atlantic hurricane landfall
9Atlantic hurricane lands FL by Oct8Named storm makes Gulf landfall7FEMA disaster declaration FLRate-driven margin squeeze on carrier float yields
8Fed rate cut by Dec 20267Treasury 10-yr above 5% by Q46Bank of Canada cuts in 2026State commissioner rate filing approval
8Florida OIR approves homeowners filingReinsurance market capacity at renewal
7Reinsurance renewal pricing Q1 - 05
The strongest matches survive a critic, then surface
A separate critic call grades each proposed match against a strict rubric. Anything below 6 (the floor of what we'd put in front of a paying client) is dropped. What's left is your hedge stack.
Atlantic hurricane makes landfall in Florida this season
YES → hurts your business68%
market odds · YES
How it affects your business
Direct loss exposure: a Florida landfall drives a claim spike across your book and pulls reinsurance cost higher in the next renewal cycle, compressing the commission multiple on your portfolio.
How to hedge it
Buy YES sized to the dollar value of one renewal cycle's expected commission. The contract pays out in the same scenario that hurts your book hardest.
KXATLHURR-FLexampleFed cuts rates by year-end
YES → hurts your business41%
market odds · YES
How it affects your business
Rate-driven margin squeeze: lower long rates compress carriers' float yields, which shows up in pricing-discipline cycles and trickles into broker commission economics.
How to hedge it
Buy YES if the carriers you place with rely heavily on float. Sizing is smaller — second-order, not direct-loss — but it diversifies your hedge stack.
FEDDECexample
Educational only. Not investment advice. Atraks Research operates under CFTC Rule 4.14(a)(10). Full disclosures →