Opportunities

Every band where the model and the market disagree by more than the cost of trading, best first. Every money figure on a card is the fill you would actually get: the stake is walked through the real ask ladder, the venue's order minimum is applied, and what the book cannot absorb is not counted. Rank is edge × confidence × ln(1 + depth) × volume/(volume + k) — a large edge on a book you cannot fill ranks below a modest edge you can. The volume term only ever discounts; it never inflates a rank.