Name: SimpleFunctions
Author: SimpleFunctions

Question 1

What is the current probability for "Miami Grand Prix: Fastest Lap"?

Accepted Answer

This prediction market is currently priced at 14¢ (14% implied probability) on Kalshi. It closes on May 17, 2026. 22 days remaining.

Question 2

What is the implied yield on "Miami Grand Prix: Fastest Lap"?

Accepted Answer

The annualized implied yield on the YES side is 26061.1% and 106.2% on the NO side. Implied yield measures the annualized return if the contract is held to expiry and resolves in your favor.

Question 3

Where can I trade "Miami Grand Prix: Fastest Lap"?

Accepted Answer

This market trades on Kalshi, a US-regulated prediction market exchange. You can also analyze it with SimpleFunctions — AI-powered indicators, regime detection, and autonomous trading across both venues.

Indicator	Value	Meaning
IY (Yes)	26061.1%	Annualized return if held to expiry, YES side
IY (No)	106.2%	Annualized return, NO side
Adj IY	13031%	Risk-adjusted IY — penalizes dead markets and high friction
CRI	16	Cliff Risk Index — how fast the market approaches resolution
Overround	-0.5%	Multi-outcome arb signal across the event family

Miami Grand Prix: Fastest Lap

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