Will San Diego win the MLS Cup?

Prediction markets currently give a 4% probability that Will San Diego win the MLS Cup?. This contract trades at 4¢ on Kalshi, closing January 8, 2027. San Diego's 5¢ price implies a 5% championship probability, generating an extreme 3317% implied yield for Yes positions—a typical pattern for long-shot sports outcomes with substantial time decay ahead.

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4¢
Bid/Ask 4/5¢·Spread 1¢·Vol $38·OI $19,205.75·Closes Jan 8, 2027·261d remaining
KXMLSCUP-26-SD
7-day price62 snapshots · 5 regime
8¢4¢ current
Apr 81¢Apr 21

Analysis

2d ago

San Diego's 5¢ price implies a 5% championship probability, generating an extreme 3317% implied yield for Yes positions—a typical pattern for long-shot sports outcomes with substantial time decay ahead. The $19k open interest against just $25 daily volume suggests illiquid positioning that could face slippage, though the tight 1¢ spread indicates some market maker support. With 264 days to expiry and a neutral regime score, the market appears fairly priced for a team unlikely to contend, though the high cliff risk index (24) warrants caution on sudden repricing if San Diego makes unexpected roster moves or playoff runs.

Resolution rules

If San Diego is the 2026 Major League Soccer (MLS) Cup Champion, then the market resolves to Yes.

Indicators

IY (Yes) 3353.7%
IY (No) 5.8%
Adj IY 1677%
CRI 24
Overround -0.4%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)3353.7%
IY (No)5.8%
Adj IY1677%
CRI24
Overround-0.4%

Regime

Label
neutral
Score
0.341
Spread
1¢
Computed
4/22/2026, 10:14:24 AM
Observability lowEvent type sports
Indicators computed 4/22/2026, 10:08:23 AM

Trade

View on kalshisf trade KXMLSCUP-26-SD yes 100

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