Will the rate of CPI inflation be above 3.9% for the year ending in April 2026?
KXCPIYOY-26APR-T3.9 · closes May 12, 2026 · 29 days remaining
Price
Last
22¢
Bid
21¢
Ask
23¢
Spread
2¢
24h Volume
$673.31
Open Interest
$1,607.31
Indicator Stack
| Indicator | Value | Meaning |
|---|---|---|
| IY (Yes) | 4771.8% | Annualized return if held to expiry, computed from the YES side |
| IY (No) | 337.2% | Annualized return on the NO side |
| CRI | 4 | Cliff Risk Index — how fast the market is approaching resolution |
| EE | — | Event Overround — sum of YES prices across sibling outcomes |
| Overround | 4.9% | Multi-outcome arb signal across the event family |
| LAS | — | Liquidity Availability Score — null when ticker is outside the warm cron top 500 |
| CVR | — | Contagion Velocity Rate — null when not in warm cron |
| RV | 580% | Realized Volatility — annualized stddev of returns from 48h price history |
| VR | 0.46 | Vol Ratio — realized vol / theoretical max. >0.8 very active, <0.1 dead |
| IAR | 0.4/h | Info Arrival Rate — meaningful price changes per hour (48h window) |
| Adj IY | 4772% | Risk-Adjusted IY — penalizes dead markets (low VR) and high friction (high LAS) |
| Residual VR | -5.94 (1d to event) | VR minus expected VR from scheduled catalysts. Positive = market knows something calendar doesn't |
LAS / CVR are null because this market is outside the warm-regime cron's top 500 by 24h volume. Coverage is sparse by design.
7-Day History
101 indicator snapshots · 3 regime snapshots
Regime Snapshot
Score
0.5
Label
neutral
Spread
2¢
Computed
4/13/2026, 5:59:27 PM
About this market
If the Consumer Price Index (CPI) increases by more than 3.9% in the twelve months ending April 2026 (as represented by the one-decimal place value reported by the Bureau of Labor Statistics), then the market resolves to Yes.
How to trade
View on kalshi: external link →
Or with the sf CLI: sf trade KXCPIYOY-26APR-T3.9 yes 100