Top Coding AI this week?

Prediction markets currently give a 94% probability that Top Coding AI this week?. This contract trades at 94¢ on Kalshi, closing April 25, 2026. This market is pricing Claude as virtually certain (99%) to top the LM Code Arena Leaderboard by April 25, with only 6 days to expiry, yet the extreme 100,000% implied yield on the No side and 32 cliff risk index signal severe mispricing or liquidity constraints rather than genuine conviction.

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94¢
Bid/Ask 95/99¢·Spread 4¢·Vol $45.4·OI $74.98·Closes Apr 25, 2026·4d remaining
KXTECHRANKLISTAICODE-26APR25-CLAU
7-day price7 snapshots · 2 regime
97¢95¢ current
Apr 1994¢Apr 21

Analysis

40h ago

This market is pricing Claude as virtually certain (99%) to top the LM Code Arena Leaderboard by April 25, with only 6 days to expiry, yet the extreme 100,000% implied yield on the No side and 32 cliff risk index signal severe mispricing or liquidity constraints rather than genuine conviction. The anemic $63.74 daily volume and $64.76 open interest suggest this is a thin, illiquid market where the 99¢ price may reflect minimal trading activity rather than informed consensus, making the 2¢ spread deceptively tight. The 7-day price climb from 95¢ to 99¢ combined with the neutral regime score indicates recent momentum-driven buying rather than fundamental shifts, creating potential for sharp reversals if new information about competing models emerges before resolution.

Resolution rules

If Claude is the #1 model on LM Code Arena Leaderboard on Apr 25, 2026 at 10:00AM ET, then the market resolves to Yes.

Indicators

IY (Yes) 497.8%
IY (No) >100,000%
Adj IY 50000%
CRI 19
Overround 0.1%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)497.8%
IY (No)>100,000%
Adj IY50000%
CRI19
Overround0.1%

Regime

Label
neutral
Score
0.5
Spread
4¢
Computed
4/21/2026, 5:29:04 PM
Indicators computed 4/21/2026, 5:23:17 PM

Trade

View on kalshisf trade KXTECHRANKLISTAICODE-26APR25-CLAU yes 100

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