SimpleFunctions
KalshiJan 1, 2027243 days left

Will the US reopen its embassy in Iran before Jan 1, 2027?

This contract is priced at 10¢ on Kalshi. Current book: 7¢ bid, 10¢ ask, 3¢ spread.

Implied probability

10¢
$103K volume
$52K liquidity
0% of event volume

Event outcomes

16

Family volume

$186.4M

Best sibling

Strait of Hormuz traffic returns to normal by end of April 0¢

Ticker

KXIRANEMBASSY-27

Price history

10¢ current

6¢
25¢50¢75¢100¢
Apr 8, 2026May 2, 2026

Orderbook snapshot

7 / 10¢

Kalshi
3¢ spread
BidSize
7¢2
7¢50
6¢500
6¢283
6¢3
AskSize
10¢7
11¢304
12¢500
13¢500
14¢48

Contract terms

Resolution, venue, and identifiers.

Resolution rules

If the United States has announced the opening of an embassy or consulate of the United States of America in Iran after Issuance and before Jan 1, 2027, then the market resolves to Yes.

Venue

Kalshi

Closes

Jan 1, 2027

Identifier

KXIRANEMBASSY-27

Cross-venue match

Similar contract on polymarket at 12¢, -2¢ versus this page.

View counterpart

Event family

Iran / Hormuz crisis.

This view keeps the individual contract next to its sibling outcomes. For long-tail search traffic, this is the useful context: where the current price sits inside the event, how much volume exists around the family, and which outcomes have actual depth.

Total volume

$186.4M

Outcomes

16

Highest price

June 30 39¢

Current share

0%

OutcomePriceVolume24hDepth

Before 2027

kalshi · KXIRANEMBASSY-27

7¢$1K$1K0.4

Strait of Hormuz traffic returns to normal by end of April

polymarket · 0x924a2942747dd75703321a7c8d809c68f6a514c3b0f2a2e64274e02310634669

0¢$36.0M$424K

Will the Iranian regime fall by June 30

polymarket · 0x9352c559e9648ab4cab236087b64ca85c5b7123a4c7d9d7d4efde4a39c18056f

6¢$35.9M$260K0.2

2026 FIFA World Cup Winner : Iran

polymarket · 0x84edef36bded182da6a395ac6c785dba8f3e09b6c5ad041385b2042536cbef25

0¢$22.3M$56K

Will the U.S. invade Iran before 2027

polymarket · 0x5db999fad322cea2914535aae5517060c3f80ad6d8c0231cde2124a434d16846

30¢$19.8M$176K0.0

Will the Iranian regime fall before 2027

polymarket · 0xbb4d51e6364066d92eb6f9b8413dd7193de70966736044463b205834805a1f3b

19¢$16.4M$61K0.1

Will the Iranian regime fall by May 31

polymarket · 0x789c947a9415600d30d56a4aae88d4111996679b0caed166d0c96242fdce92a2

3¢$13.9M$1.2M0.0

May 31

polymarket · 0x0e4a0c937b8934c2475613b6322b3f8edc8dedc24762e01e42b0e6f87424a089

21¢$10.6M$441K0.0

May 31

polymarket · 0xbcacd5a055f5a9ced6f69f122216c073dd6987d08253fc07bbcc168fa5b81d55

9¢$8.3M$438K0.1

Strait of Hormuz traffic returns to normal by end of May

polymarket · 0x518a5b030b205706b8ffe6bbad9bd3de59548348e5c0471827f5de21e513333c

22¢$5.4M$648K0.0

May 31

polymarket · 0xa1d97efb8a19de58d995edf58b882c4f99ef356c8a564af8daf888a7610edea1

8¢$4.3M$166K0.1

June 30

polymarket · 0x43272c02b8407ed3f8d5b04fb4cb132d7a59c5df6ecc423afcf66f1c778d1887

3¢$3.7M$43K0.0

June 30

polymarket · 0x6114a8a3f9ac214f48a7e20d169f1c7a5c84082cb6f7058ed9fe1137b11fd0e7

39¢$3.7M$207K0.0

May 15

polymarket · 0x1db02ba50e2312a62b4104de691cc7a76065d8d0da40decf93eb1b914a3217b7

7¢$2.2M$267K0.1

December 31

polymarket · 0x377e7fe65cf198a7fc4fdae3f2136b74729279267858daaf96718b23bc2a5607

34¢$2.1M$33K0.0

June 30

polymarket · 0x6897736d782ce70f47126dfcec6669073f563d6e757e60bc61c0367370d6f73e

12¢$2.0M$23K0.1

Indicators

Yield, cliff risk, volatility, and regime.

Regime

neutral

Score

0.5

Observability

medium

Event type

political

Full indicator table

1996.2%
11.3%
Adj IY
570%
13
6.000
LAS
0.43

Odds pages

Related prediction questions

Browse odds

Related readings

Matched from SimpleFunctions blog, opinions, technical guides, concepts, and learn pages.

Browse library
Blogmarkets

Kalshi vs Polymarket: Which Prediction Market Should You Trade?

In-depth comparison of Kalshi and Polymarket for prediction market traders. Regulatory structure, liquidity, fees, API tooling, and cross-venue trading with SimpleFunctions.

Blogmarkets

Prediction Market Orderbook Analysis: Reading Depth, Spread, and Liquidity

How to read prediction market orderbooks. Binary settlement, spread-as-percentage, depth asymmetry, executable edge calculation, and cross-venue arbitrage analysis.

Technicalguide

Kalshi vs Polymarket: A Developer's Comparison of APIs, Orderbooks, and Liquidity

Data-driven comparison of Kalshi and Polymarket APIs, orderbooks, rate limits, and liquidity. Code examples for building on both prediction markets.

Conceptmethodology

Maker / Taker Regime in Prediction Markets: How to Read the Orderbook State

Three regime states (maker-dominated, taker-dominated, neutral) and how to read which one a Kalshi or Polymarket contract is in. Strategy follows regime, not thesis.

Opinionanalysis

Liquidity Availability Is the Real Edge in Prediction Markets

Implied yield, cliff risk, and overround all describe what to trade. Liquidity Availability Score describes whether the orderbook can absorb the trade. Why LAS is the indicator that decides who actually books P&L.

Bloggeopolitics

How Prediction Markets Are Pricing the Strait of Hormuz Crisis — Live Data

Live prediction market pricing on the Strait of Hormuz crisis. $1.5M daily volume across 11 contracts tracking shipping, military ops, and regime change. Term structure analysis with real-time data.

SimpleFunctions context

Index, screen, query, and monitor.

Open index