SimpleFunctions

At least 54 · ISM Manufacturing PMI in May 2026?: At least

At least 54 is priced at 52¢ on Kalshi. Current book: 21¢ bid, 25¢ ask, 4¢ spread. This outcome ranks #6 of 8 inside ISM Manufacturing PMI in May 2026?: At least.

Price history

52¢ current

+41¢
0¢25¢50¢
May 4, 2026May 27, 2026

Contract brief

If the headline PMI value in the ISM Manufacturing PMI Report On Business for May 2026, as published by ISM (one decimal place), is at least 54 in May 2026, then the market resolves to Yes.

Outcome

At least 54

Rank

#6 of 8

Leader

At least 49 90¢

Range

6¢-90¢

Family volume

$100

Identifier

KXISMPMI-26MAY-54

May 27, 2026, 8:08 AM UTC · 15m ago

Implied probability

52¢
Latest venue quote
May 27, 2026, 8:08 AM UTC · 15m ago

Bid

21¢

Ask

25¢

Spread

Reported volume

$3K

Family rank

#6 of 8

8 outcomes · ISM Manufacturing PMI in May 2026?: At least

Closes

Jun 1, 2026

Family volume

$100

Orderbook snapshot

21 / 25¢

Kalshi
4¢ spread
BidSize
21¢9
19¢200
14¢42
6¢45
AskSize
25¢109
26¢200
33¢90
85¢53
86¢2.7K

Contract terms

What resolves this market.

YES condition

If the headline PMI value in the ISM Manufacturing PMI Report On Business for May 2026, as published by ISM (one decimal place), is at least 54 in May 2026, then the market resolves to Yes.

Venue

Kalshi

Closes

Jun 1, 2026

Identifier

KXISMPMI-26MAY-54

SF Signal
SF Index
27841.34
Regime
neutral

Indicators

Yield, cliff risk, volatility, and regime.

CRI

4

VR

0.41

IAR

2.0/h

Overround

3.1%

Regime

neutral

Score

0.5

Full indicator table

4
VR
0.41
IAR
2.0/h
Overround
3.1%

Odds pages

Related prediction questions

Browse odds

Related readings

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

Browse library
Opinioncomparison

Kalshi vs Polymarket: Mechanics, Fees, Regulation, Liquidity (2026)

Side-by-side comparison of Kalshi and Polymarket in 2026. Fee math, calibration data, withdrawal speed, and a decision tree for picking the right venue.

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.

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.

Blogtech

MCP Servers for Prediction Markets: Connect Claude Code to Kalshi and Polymarket

Connect Claude Code, Cursor, or Cline to Kalshi and Polymarket prediction markets via MCP. One-line setup, 18 tools, real-time market data for AI agents.

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.

SimpleFunctions context

Index, screen, query, and monitor.

Open index

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.