2026 Grammy nominees for Record of the Year?

Prediction markets currently give a 86% probability that 2026 Grammy nominees for Record of the Year?. This contract trades at 86¢ on Kalshi, closing November 1, 2027. This market is pricing "If I Just Might" as a near-certainty Grammy nominee at 92¢, but the extremely thin liquidity ($130 open interest, $0 daily volume) and wide 6¢ spread suggest minimal conviction behind that price.

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86¢
Bid/Ask 86/92¢·Spread 6¢·Vol $0·OI $130·Closes Nov 1, 2027·559d remaining
KXGRAMMYNOMROTY-69-IJU

Analysis

4d ago

This market is pricing "If I Just Might" as a near-certainty Grammy nominee at 92¢, but the extremely thin liquidity ($130 open interest, $0 daily volume) and wide 6¢ spread suggest minimal conviction behind that price. The asymmetric yield profile—with the No side offering 397.8% implied yield versus just 10.5% for Yes—indicates the market may be mispricing tail risk, particularly given the 564-day timeframe allows substantial uncertainty around final Grammy voting and nomination decisions. The moderate cliff risk score of 6 warrants caution, as late-breaking information about the song's eligibility or Grammy voting patterns could trigger sharp repricing.

Resolution rules

If I Just Might has been nominated for Record of the Year at the 69th Grammy Awards, then the market resolves to Yes.

Indicators

IY (Yes) 10.6%
IY (No) 401.3%
Adj IY 201%
CRI 6
Overround 3.1%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)10.6%
IY (No)401.3%
Adj IY201%
CRI6
Overround3.1%

Regime

Label
neutral
Score
0.5
Spread
6¢
Computed
4/21/2026, 8:19:23 PM
Indicators computed 4/21/2026, 8:08:17 PM

Trade

View on kalshisf trade KXGRAMMYNOMROTY-69-IJU yes 100

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