SimpleFunctions

Caltech · KXCOLLEGEDROP-27

Caltech is priced at 33¢ on Kalshi. Current book: 32¢ bid, 37¢ ask, 5¢ spread. This outcome ranks #6 of 11 inside KXCOLLEGEDROP-27.

Price history

33¢ current

+1¢
30¢35¢
May 28, 2026Jun 25, 2026

Contract brief

If Caltech has a lower ranking in the first U.S. News & World Report Best National University Rankings released after Issuance than its ranking as of Issuance, the market resolves to Yes.

Outcome

Caltech

Rank

#6 of 11

Leader

Yale 53¢

Range

18¢-53¢

Family volume

$37

Identifier

KXCOLLEGEDROP-27-CAL

Jun 25, 2026, 9:38 PM UTC · 4m ago

Implied probability

33¢
Latest venue quote
Jun 25, 2026, 9:38 PM UTC · 4m ago

Bid

32¢

Ask

37¢

Spread

Reported volume

$58

Family rank

#6 of 11

11 outcomes · KXCOLLEGEDROP-27

Closes

Jan 1, 2027

Family volume

$37

Orderbook snapshot

32 / 37¢

Kalshi
5¢ spread
BidSize
100¢5.0K
32¢5
31¢500
10¢48
AskSize
37¢7
38¢500
95¢3.8K
96¢53
99¢50

Contract terms

What resolves this market.

YES condition

If Caltech has a lower ranking in the first U.S. News & World Report Best National University Rankings released after Issuance than its ranking as of Issuance, the market resolves to Yes.

Venue

Kalshi

Closes

Jan 1, 2027

Identifier

KXCOLLEGEDROP-27-CAL

SF Signal
SF Index
204.41
Regime
neutral

Indicators

Yield, cliff risk, volatility, and regime.

IY (Yes)

408.8%

IY (No)

90.5%

Adj IY

204%

CRI

2

Overround

2.5%

Regime

neutral

Score

0.5

Full indicator table

408.8%
90.5%
Adj IY
204%
2
Overround
2.5%

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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.