SimpleFunctions

May 31 · Bab el-Mandeb Strait effectively closed by

May 31 is priced at 4¢ on Polymarket. Current book: 3¢ bid, 4¢ ask, 1¢ spread. This outcome ranks #3 of 3 inside Bab el-Mandeb Strait effectively closed by...?.

Price history

4¢ current

13¢
0¢25¢50¢
Apr 23, 2026May 23, 2026

Contract brief

This market will resolve to “Yes” if IMF PortWatch publishes a 7-day moving average of transit calls (“Arrivals of Ships”) for the Bab el-Mandeb Strait less than or equal to 10 for any date between market creation and the listed date. Otherwise, this market will resolve to “No”. This market will resolve as soon as IMF PortWatch publishes a 7-day moving average of transit calls for the Bab el-Mandeb Strait equal to or below 10, or once data has been published for the listed date and no such value has been published. If no data has been published for the listed date within 14 calendar days (ET) after that date, this market will resolve based on the data published up to that point. Revisions to previously published data points made before data has been published for the listed date will be considered; however, they will not disqualify a previously published data point from qualifying. Revisions made after data has been published for the listed date will not be considered. The resolution source for this market will be IMF PortWatch, specifically the “Arrivals of Ships” data published for the Bab el-Mandeb Strait at https://portwatch.imf.org/pages/6b1814d64903461b98144a6cc25eb79c.

Outcome

May 31

Rank

#3 of 3

Leader

June 30 13¢

Range

4¢-13¢

Family volume

$1.2M

Identifier

0x9647b0f1...a214

May 23, 2026, 8:30 PM UTC · 0m ago

Implied probability

4¢
Latest venue quote
May 23, 2026, 8:30 PM UTC · 0m ago

Bid

Ask

Spread

24h volume

$41K

Family rank

#3 of 3

3 outcomes · Bab el-Mandeb Strait effectively closed by...?

Closes

Apr 30, 2026

Family volume

$1.2M

Orderbook snapshot

3 / 4¢

Polymarket
1¢ spread
BidSize
100¢1.3K
3¢404
3¢196
3¢86
3¢2.0K
3¢60
2¢330
2¢122
AskSize
4¢124
4¢60
5¢325
5¢1.8K
5¢124
6¢433
6¢500
6¢200

Contract terms

What resolves this market.

YES condition

This market will resolve to “Yes” if IMF PortWatch publishes a 7-day moving average of transit calls (“Arrivals of Ships”) for the Bab el-Mandeb Strait less than or equal to 10 for any date between market creation and the listed date. Otherwise, this market will resolve to “No”. This market will resolve as soon as IMF PortWatch publishes a 7-day moving average of transit calls for the Bab el-Mandeb Strait equal to or below 10, or once data has been published for the listed date and no such value has been published. If no data has been published for the listed date within 14 calendar days (ET) after that date, this market will resolve based on the data published up to that point. Revisions to previously published data points made before data has been published for the listed date will be considered; however, they will not disqualify a previously published data point from qualifying. Revisions made after data has been published for the listed date will not be considered. The resolution source for this market will be IMF PortWatch, specifically the “Arrivals of Ships” data published for the Bab el-Mandeb Strait at https://portwatch.imf.org/pages/6b1814d64903461b98144a6cc25eb79c.

Venue

Polymarket

Closes

Apr 30, 2026

Identifier

0x9647b0f1…a214

SF Signal
Regime
neutral

Event family

Bab el-Mandeb Strait effectively closed by.

The same race as a probability stack: rank, volume, and where this contract sits against the other outcomes.

Total volume

$1.2M

Outcomes

3

Highest price

June 30 13¢

Current share

91%

Indicators

Yield, cliff risk, volatility, and regime.

Regime

neutral

Score

0.5

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How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.