Will legislation that, upon becoming law, results in the Department of Homeland Security being funded at 12:01 AM ET the calendar day after enactment become law before May 15, 2026?

Prediction markets currently give a 44% probability that Will legislation that, upon becoming law, results in the Department of Homeland Security being funded at 12:01 AM ET .... This contract trades at 44¢ on Kalshi, closing May 15, 2026. This market shows extreme yield metrics (1763% annualized) with only 29 days to expiration, suggesting either severe mispricing or genuine binary cliff risk around DHS funding legislation.

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44¢
Bid/Ask 44/46¢·Spread 2¢·Vol $6,464.18·OI $20,151.11·Closes May 15, 2026·24d remaining
KXDHSFUND-26MAY15
7-day price134 snapshots · 79 regime
57¢44¢ current
Apr 1628¢Apr 21

Analysis

4d ago

This market shows extreme yield metrics (1763% annualized) with only 29 days to expiration, suggesting either severe mispricing or genuine binary cliff risk around DHS funding legislation. The 7-day downtrend from 46¢ to 42¢ combined with a realized volatility of 2101% indicates recent price instability, though modest 24-hour volume of $4,376 raises liquidity concerns for position sizing. The neutral regime and high info arrival rate (1.0/h) suggest market participants expect significant legislative developments in the near term, making this a high-uncertainty event bet rather than a stable probability assessment.

Resolution rules

If legislation that, upon becoming law, results in the Department of Homeland Security being funded at 12:01 AM ET the calendar day after enactment has become law before May 15, 2026, then the market resolves to Yes.

Indicators

IY (Yes) 1956.5%
IY (No) 1207.8%
Adj IY 1867%
CRI 1
RV 855%
VR 1.67
▶ Full indicator table (9)
IndicatorValue
IY (Yes)1956.5%
IY (No)1207.8%
Adj IY1867%
CRI1
RV855%
VR1.67
IAR1.8/h
Overround3.0%
LAS0.05

Regime

Label
neutral
Score
0.5
Spread
2¢
Computed
4/21/2026, 8:22:53 PM
Has orderbookIndicators computed 4/21/2026, 8:08:17 PM

Trade

View on kalshisf trade KXDHSFUND-26MAY15 yes 100

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