SimpleFunctions

Friedrich Merz · KXLEADERSOUT-27JAN01

Friedrich Merz is priced at 21¢ on Kalshi. Current book: 20¢ bid, 21¢ ask, 1¢ spread. This outcome ranks #3 of 16 inside KXLEADERSOUT-27JAN01.

Price history

21¢ current

+8¢
0¢10¢20¢
Aug 22, 2026Sep 19, 2026

Contract brief

If Friedrich Merz has either officially announced their intention to leave as Chancellor of Germany or has actually left Chancellor of Germany before Jan 1, 2027, then the market resolves to Yes.

Outcome

Friedrich Merz

Rank

#3 of 16

Leader

Benjamin Netanyahu 47¢

Range

1¢-47¢

Family volume

$10K

Identifier

KXLEADERSOUT-27JAN01-FMERCGER

Sep 20, 2026, 1:38 PM UTC · 12m ago

Implied probability

21¢
Latest venue quote
Sep 20, 2026, 1:38 PM UTC · 12m ago

Bid

20¢

Ask

21¢

Spread

24h volume

$1K

Family rank

#3 of 16

16 outcomes · KXLEADERSOUT-27JAN01

Closes

Jan 2, 2027

Family volume

$10K

Orderbook snapshot

20 / 21¢

Kalshi
1¢ spread
BidSize
20¢1.1K
19¢53
18¢25
17¢93
16¢58
AskSize
21¢263
23¢250
24¢187

Contract terms

What resolves this market.

YES condition

If Friedrich Merz has either officially announced their intention to leave as Chancellor of Germany or has actually left Chancellor of Germany before Jan 1, 2027, then the market resolves to Yes.

Venue

Kalshi

Closes

Jan 2, 2027

Identifier

KXLEADERSOUT-27JAN01-FMERCGER

SF Signal
SF Index
558.00
Regime
maker

Indicators

Yield, cliff risk, volatility, and regime.

IY (Yes)

1116.0%

IY (No)

111.3%

Adj IY

558%

CRI

3

Overround

1.4%

Regime

maker

Score

0.295

Observability

none

Event type

political

Full indicator table

1116.0%
111.3%
Adj IY
558%
3
Overround
1.4%

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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.