Best AI in Apr 2026?

Prediction markets currently give a 11% probability that Best AI in Apr 2026?. This contract trades at 11¢ on Kalshi, closing April 25, 2026. This market exhibits extreme mispricing with a 9¢ price implying only 9% probability that OpenAI holds the top LLM ranking by April 25, 2026—just 6 days away—despite the Yes side offering an astronomical 83,364% implied yield.

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11¢
Bid/Ask 11/12¢·Spread 1¢·Vol $67,726.86·OI $136,739.48·Closes Apr 25, 2026·4d remaining
KXLLM1-26APR25-OPEN
7-day price238 snapshots · 52 regime
26¢11¢ current
Apr 184¢Apr 21

Analysis

2d ago

This market exhibits extreme mispricing with a 9¢ price implying only 9% probability that OpenAI holds the top LLM ranking by April 25, 2026—just 6 days away—despite the Yes side offering an astronomical 83,364% implied yield. The 2,633% realized volatility and 13 Cliff Risk Index suggest recent sharp price swings (moving from 4¢ to 7¢ over 7 days), indicating either late-breaking information about competitor models or speculative positioning ahead of imminent resolution. With $39k in 24-hour volume and tight 1¢ spreads, liquidity is reasonable for such a short-dated contract, but the risk-adjusted yield of 59,547% signals this is likely a tail-risk bet rather than a fundamental valuation.

Resolution rules

If OpenAI has the top-ranked LLM on Apr 25, 2026, then the market resolves to Yes.

Indicators

IY (Yes) 71282.7%
IY (No) 1325.5%
Adj IY 59400%
CRI 7
RV 2923%
VR 1.06
▶ Full indicator table (8)
IndicatorValue
IY (Yes)71282.7%
IY (No)1325.5%
Adj IY59400%
CRI7
RV2923%
VR1.06
IAR4.1/h
LAS0.17

Regime

Label
neutral
Score
0.5
Computed
4/21/2026, 7:58:12 PM
Has orderbookIndicators computed 4/21/2026, 7:53:17 PM

Trade

View on kalshisf trade KXLLM1-26APR25-OPEN yes 100

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