Will Athletic Bilbao be Relegated from La Liga in 2025-26 Season?

Prediction markets currently give a 5% probability that Will Athletic Bilbao be Relegated from La Liga in 2025-26 Season?. This contract trades at 5¢ on Kalshi, closing May 25, 2026. This market exhibits extreme illiquidity with only $20 open interest and zero 24-hour volume, combined with a massive 40¢ spread that creates significant execution risk.

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5¢
Bid/Ask 0/40¢·Spread 40¢·Vol $0·OI $20·Closes May 25, 2026·30d remaining
KXLALIGARELEGATION-26-ATH

Analysis

8d ago

This market exhibits extreme illiquidity with only $20 open interest and zero 24-hour volume, combined with a massive 40¢ spread that creates significant execution risk. The 5¢ price implies a 5% relegation probability for Athletic Bilbao, a historically strong La Liga club, which appears reasonable given their typical mid-table finishes, though the astronomical 18,203% implied yield on Yes contracts signals the market is severely underpriced due to minimal trading activity. With just 38 days to expiration and a Cliff Risk Index of 19, this contract is approaching resolution and should only be considered by traders comfortable with illiquid, wide-spread positions.

Resolution rules

If Athletic Bilbao is relegated from La Liga in 2025-26 season, then the market resolves to Yes.

Indicators

IY (Yes) 23266.3%
IY (No) 64.4%
Adj IY 11633%
CRI 19
Overround 3.6%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)23266.3%
IY (No)64.4%
Adj IY11633%
CRI19
Overround3.6%

Regime

Label
neutral
Score
0.5
Spread
40¢
Computed
4/25/2026, 6:48:56 AM
Indicators computed 4/25/2026, 6:38:43 AM

Trade

View on kalshisf trade KXLALIGARELEGATION-26-ATH yes 100

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