SimpleFunctions

Before Nov 4, 2026 · Will Donald Trump issue any executive action on declaring a national emergency regarding the 2026 United States midterm election before

Before Nov 4, 2026 is priced at 27¢ on Kalshi. Current book: 27¢ bid, 31¢ ask, 4¢ spread. This outcome ranks #1 of 3 inside Will Donald Trump issue any executive action on declaring a national emergency regarding the 2026 United States midterm election before.

Price history

27¢ current

+7¢
25¢
May 8, 2026Jun 7, 2026

Contract brief

If Donald Trump has taken any executive action declaring a national emergency regarding the 2026 United States midterm election before Nov 4, 2026, then the market resolves to Yes.

Outcome

Before Nov 4, 2026

Rank

#1 of 3

Leader

Before Nov 4, 2026 27¢

Range

1¢-27¢

Family volume

$1K

Identifier

KXELECTIONEMERGENCY-26NOV04

Jun 7, 2026, 3:38 PM UTC · 1m ago

Implied probability

27¢
Latest venue quote
Jun 7, 2026, 3:38 PM UTC · 1m ago

Bid

27¢

Ask

31¢

Spread

24h volume

$1K

Family rank

#1 of 3

3 outcomes · Will Donald Trump issue any executive action on declaring a national emergency regarding the 2026 United States midterm election before

Closes

Nov 4, 2026

Family volume

$1K

Orderbook snapshot

27 / 31¢

Kalshi
4¢ spread
BidSize
27¢151
26¢283
25¢250
21¢160
20¢400
AskSize
31¢330
32¢50
34¢57
35¢346
36¢420

Contract terms

What resolves this market.

YES condition

If Donald Trump has taken any executive action declaring a national emergency regarding the 2026 United States midterm election before Nov 4, 2026, then the market resolves to Yes.

Venue

Kalshi

Closes

Nov 4, 2026

Identifier

KXELECTIONEMERGENCY-26NOV04

SF Signal
SF Index
659.85
Regime
neutral

Event family

Will Donald Trump issue any executive action on declaring a national emergency regarding the 2026 United States midterm election before.

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

Total volume

$1K

Outcomes

3

Highest price

Before Nov 4, 2026 27¢

Current share

99%

Indicators

Yield, cliff risk, volatility, and regime.

IY (Yes)

659.9%

IY (No)

90.3%

Adj IY

660%

CRI

3

RV

608%

VR

2.03

Regime

neutral

Score

0.409

Observability

medium

Event type

political

Full indicator table

659.9%
90.3%
Adj IY
660%
3
RV
608%
VR
2.03
IAR
0.5/h

Odds pages

Related prediction questions

Browse odds

Related readings

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

Browse library
Blogpolitics

US Midterm Elections 2026 Prediction Markets: Trading the Battle for Congress

A deep‑dive guide for prediction market traders on the 2026 US midterm elections: House and Senate control odds, key races, Trump’s impact, economic and approval scenarios, polling accuracy, and data‑driven trading strategies.

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.

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

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.

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.