Will Donald Trump visit China before Jan 1, 2027?
Prediction markets currently give a 90% probability that Will Donald Trump visit China before Jan 1, 2027?. This contract trades at 90¢ on Kalshi, closing January 1, 2027. The market is pricing in a very high probability (91%) that Trump visits China within the next 260 days, yet the No side offers an extraordinary 941% implied yield, suggesting severe mispricing or extreme tail-risk hedging demand.
Analysis
The market is pricing in a very high probability (91%) that Trump visits China within the next 260 days, yet the No side offers an extraordinary 941% implied yield, suggesting severe mispricing or extreme tail-risk hedging demand. Volume is thin at just $1,328 in 24-hour trading against $53.8k open interest, and the 82% realized volatility combined with a 1.81 vol ratio indicates this contract experiences significant price swings despite the lopsided probability skew. The price has drifted upward 7 points over the past week (84¢ to 87¢), and with a 7 cliff-risk index, late-breaking political developments could trigger sharp repricing near expiration.
Resolution rules
If Donald Trump has physically travelled to and been present within the geographic boundaries of China after Issuance and before Jan 1, 2027, then the market resolves to Yes.
Indicators
Regime
Trade
sf trade KXTRUMPCOUNTRIES-27JAN01-CHI yes 100