{
  "schemaVersion": "vultax-public-research-data-v1",
  "articleUrl": "https://vultax.com/research/polymarket-copy-trading-delay-cost",
  "datasets": [
    {
      "title": "Average extra paid by a follower, by the leader's rank",
      "columns": [
        {
          "name": "Category",
          "unit": null
        },
        {
          "name": "Top 100 wallets",
          "unit": "¢"
        },
        {
          "name": "Wallets ranked 101 to 1,000",
          "unit": "¢"
        }
      ],
      "rows": [
        [
          "30 seconds",
          1.97,
          1.2
        ],
        [
          "2 minutes",
          1.94,
          1.22
        ],
        [
          "10 minutes",
          2.39,
          0.8
        ]
      ],
      "measurementContext": "Cents per share in event markets, 12–13 September 2026",
      "sources": [
        {
          "label": "Polymarket data API — trades",
          "url": "https://data-api.polymarket.com/trades",
          "note": "Public trade records underlying Vultax's trade lane"
        },
        {
          "label": "Polycopy — State of copy trading (Q1 2026)",
          "url": "https://polycopy.app/research/state-of-copy-trading-q1-2026",
          "note": "A copy-trading vendor's own research"
        },
        {
          "label": "Vultax: Polymarket copy trading costs and tools",
          "url": "https://vultax.com/research/polymarket-copy-trading-costs-and-tools",
          "note": "Fees and fill costs for followers"
        },
        {
          "label": "Vultax: Do profitable Polymarket traders stay profitable?",
          "url": "https://vultax.com/research/polymarket-trader-performance-persistence-two-months",
          "note": "67.4% persistence, June to July 2026"
        },
        {
          "label": "Vultax: Where Polymarket profits go",
          "url": "https://vultax.com/research/where-polymarket-profits-go-pnl-concentration",
          "note": "Concentration of realised gains"
        },
        {
          "label": "Vultax: Polymarket's up-or-down crypto markets",
          "url": "https://vultax.com/research/polymarket-bitcoin-up-or-down-5-minute-markets",
          "note": "The market class measured separately here"
        }
      ],
      "measurement": {
        "kind": "observed",
        "temporalCoverage": "2026-09-12T15:06Z/2026-09-13T22:55Z",
        "population": "Event-market buys by the top 1,000 cohort wallets: 4,989, 4,667 and 3,894 behind the top 100; 12,099, 11,241 and 8,747 behind ranks 101 to 1,000",
        "methodology": "Mean of the next other buyer's price minus the leader's price at each delay."
      },
      "id": "best-traders-chart",
      "kind": "published-chart",
      "description": "Vultax followed 54,828 buys by Polymarket's 1,000 most profitable wallets and priced the next buy of the same outcome 30 seconds, 2 minutes and 10 minutes later. The follower paid more 58% of the time, and the cost was set within the first 30 seconds.",
      "articleUrl": "https://vultax.com/research/polymarket-copy-trading-delay-cost",
      "sectionUrl": "https://vultax.com/research/polymarket-copy-trading-delay-cost#best-traders",
      "publishedAt": "2026-09-15",
      "modifiedAt": "2026-09-15",
      "version": "08d10aa7e37fa15b3f61ece6fc7199c19f0ab29e4b27ff1cda804393bdbecba1",
      "isLive": false,
      "limitations": "Published research snapshots and calculations; these exports do not contain current quotes or live account data. Observation windows and populations are stated in the source captions and methodology. Missing metadata is unknown, not zero. Figures describe what the next buyer of the same outcome paid after trades by high-profit wallets over 32 hours in September 2026; they are not a forecast of any copier's results. Nothing here is a recommendation to copy any trader, to trade, or financial advice.",
      "downloads": {
        "json": "https://vultax.com/research/polymarket-copy-trading-delay-cost/data.json?dataset=best-traders-chart",
        "csv": "https://vultax.com/research/polymarket-copy-trading-delay-cost/data.csv?dataset=best-traders-chart"
      }
    }
  ]
}