Hedge calculator
Already holding a position that moved your way? See how much to put on the other side so you collect the same amount whichever outcome wins.
Buying the opposite outcome with a stake that returns the same amount means you collect it whichever side wins. Fees and the spread are not included, and prices move while you trade.
How hedging works
If your original side wins it returns your stake divided by the price you paid. To lock that in, you buy the opposite outcome with a stake that returns the same amount, which costs that payout times the opposite price. Whatever is left after both stakes is your locked-in profit (or loss).
On Polymarket you can also simply sell your shares before the market resolves. Compare both routes, and mind the taker fee and spread, which this calculator leaves out.
For information only, not financial advice. Prediction markets involve real risk and you can lose your whole stake. Polycord is not affiliated with Polymarket.