SimpleFunctions

Before Sep 1, 2026 · When will the next Category 5 hurricane form?: Before

Before Sep 1, 2026 is priced at 2¢ on Kalshi. Current book: 3¢ bid, 6¢ ask, 3¢ spread. This outcome ranks #4 of 4 inside When will the next Category 5 hurricane form?: Before.

Price history

2¢ current

2¢
0¢10¢
Aug 8, 2026Aug 23, 2026

Contract brief

If a hurricane (wind speeds of at least 157 mph) forms in the Atlantic before Sep 1, 2026, then the market resolves to Yes.

Outcome

Before Sep 1, 2026

Rank

#4 of 4

Leader

Before Dec 1, 2026 53¢

Range

3¢-53¢

Family volume

$105

Identifier

KXNEXTCAT5HURDATE-26DEC01-26SEP01

Aug 24, 2026, 2:08 AM UTC · 25m ago

Implied probability

2¢
Latest venue quote
Aug 24, 2026, 2:08 AM UTC · 25m ago

Bid

Ask

Spread

24h volume

$5

Family rank

#4 of 4

4 outcomes · When will the next Category 5 hurricane form?: Before

Closes

Sep 1, 2026

Family volume

$105

Orderbook snapshot

3 / 6¢

Kalshi
3¢ spread
BidSize
100¢50
3¢4
AskSize
6¢6
7¢55
8¢1.0K
12¢300
20¢500

Contract terms

What resolves this market.

YES condition

If a hurricane (wind speeds of at least 157 mph) forms in the Atlantic before Sep 1, 2026, then the market resolves to Yes.

Venue

Kalshi

Closes

Sep 1, 2026

Identifier

KXNEXTCAT5HURDATE-26DEC01-26SEP01

SF Signal
SF Index
50000.00
Regime
neutral

Event family

When will the next Category 5 hurricane form?: Before.

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

Total volume

$105

Outcomes

4

Highest price

Before Dec 1, 2026 53¢

Current share

5%

Indicators

Yield, cliff risk, volatility, and regime.

IY (Yes)

>100,000%

IY (No)

139.8%

Adj IY

50000%

CRI

32

Overround

-0.2%

Regime

neutral

Score

0.5

Full indicator table

>100,000%
139.8%
Adj IY
50000%
32
Overround
-0.2%

Odds pages

Related prediction questions

Browse odds

Related readings

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

Browse library
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.

Technicalrisk

Reading Prediction Market Orderbooks: Liquidity, Spread, and When to Enter

How to read prediction market orderbooks on Kalshi. Covers bid-ask spread analysis, liquidity scoring, executable edge calculation, and when thin markets are opportunities vs traps.

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.

Conceptmethodology

Liquidity Migration Across Resolution: Where the Money Goes When a Market Closes

When a flagship prediction market closes, the capital that was in it migrates to next-period siblings, adjacent categories, or off the venue entirely. Three migration patterns and the receiving-market opportunity.

Blogmarkets

Prediction Market Orderbook Analysis: Reading Depth, Spread, and Liquidity

How to read prediction market orderbooks. Binary settlement, spread-as-percentage, depth asymmetry, executable edge calculation, and cross-venue arbitrage analysis.

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.

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.