prediction market microstructure

A research information system for probabilistic markets.

TheUglyBear aggregates, normalizes, and models contract data from forecasting venues to support quantitative research into pricing inefficiency, liquidity dynamics, and cross-venue spread behavior.

Early access for researchers and quantitative teams.
/ system

What it does

TheUglyBear is a research and analytics platform — not an execution system. It produces datasets, signals, and visualizations for the study of probabilistic event markets, with a focus on cross-venue implied-probability divergence, liquidity-adjusted spreads, and resolution-risk modeling.

// ingest

Continuous collection of contract metadata, order book snapshots, and settlement outcomes from public market APIs.

// normalize

Records are unified into a single event-and-contract schema and archived in a time-series warehouse for longitudinal study.

// model

Implied-probability divergence, spread, and resolution-risk metrics computed across venues and contract types.

// surface

A research dashboard and queryable API expose datasets to notebooks and downstream analytical workflows.

/ stack

Built on Azure

Containerized microservices, cloud-native event streaming, and reproducible research infrastructure.

AKS Azure Functions Event Hubs PostgreSQL Data Lake Gen2 Synapse Key Vault Azure Monitor Azure OpenAI GitHub Actions
/ status

Currently in research preview

We are evaluating a small cohort of academic and institutional researchers. If your work touches market microstructure, forecasting, or applied probability, submit a request for access above.