Leading loops in cosmological correlators

bstract Cosmological correlators from inflation are often generated at tree level and hence loop contributions are bounded to be small corrections by perturbativity. Here we discuss a scenario where this is not the case. Recently, it has been shown that for any number of scalar fields of any mass, the parity-odd trispectrum of a massless scalar must vanish in the limit of exact scale invariance due to unitarity and the choice of initial state. By carefully handling UV-divergences, we show that the one-loop contribution is non-vanishing and hence leading. Surprisingly, the one-loop parity-odd trispectrum is simply a rational function of kinematics, which we compute explicitly in a series of models, including single-clock inflation. Although the loop contribution is the leading term in the parity-odd sector, its signal-to-noise ratio is typically bounded from above by that of a corresponding tree-level parity-even trispectrum, unless instrumental noise and systematics for the two observables differ. Furthermore, we identify a series of loop contributions to the wavefunction that cancel exactly when computing correlators, suggesting a more general phenomenon.