SimpleFunctions

Which countries will have recessions

India is priced at 9¢ on Kalshi. Current book: 7¢ bid, 9¢ ask, 2¢ spread. This outcome ranks #3 of 4 inside Which countries will have recessions.

Price history

9¢ current

5¢10¢
May 13, 2026May 22, 2026

Contract brief

If India has two consecutive quarters of negative real GDP growth between Jan 1, 2024 and Dec 31, 2026, then the market resolves to Yes.

Outcome

India

Rank

#3 of 4

Leader

United Kingdom 36¢

Range

2¢-36¢

Family volume

$261

Identifier

WRECSS-26-IN

Jun 6, 2026, 10:38 AM UTC · 17m ago

Implied probability

9¢
Latest venue quote
Jun 6, 2026, 10:38 AM UTC · 17m ago

Bid

Ask

Spread

24h volume

$124

Family rank

#3 of 4

4 outcomes · Which countries will have recessions

Closes

Dec 31, 2027

Family volume

$261

Orderbook snapshot

7 / 9¢

Kalshi
2¢ spread
BidSize
7¢530
6¢30
5¢1.0K
5¢400
5¢8
AskSize
9¢200
9¢1.0K
10¢100
13¢300
24¢78

Contract terms

What resolves this market.

YES condition

If India has two consecutive quarters of negative real GDP growth between Jan 1, 2024 and Dec 31, 2026, then the market resolves to Yes.

Venue

Kalshi

Closes

Dec 31, 2027

Identifier

WRECSS-26-IN

SF Signal
SF Index
423.01
Regime
neutral

Event family

Which countries will have recessions.

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

Total volume

$261

Outcomes

4

Highest price

United Kingdom 36¢

Current share

47%

Indicators

Yield, cliff risk, volatility, and regime.

IY (Yes)

846.0%

IY (No)

4.8%

Adj IY

423%

CRI

13

Overround

-0.3%

Regime

neutral

Score

0.341

Observability

low

Event type

financial

Full indicator table

846.0%
4.8%
Adj IY
423%
13
Overround
-0.3%

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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.