SimpleFunctions
KalshiJan 1, 2027237 days left

Will it be reported that the United States Department of State issues one or more United States passports to U.S. citizens where the passport contains an image or visual representation of Donald Trump’s face before Jan 1, 2027?

This contract is priced at 89¢ on Kalshi. Current book: 85¢ bid, 86¢ ask, 1¢ spread.

Implied probability

89¢
$3 volume
$3 liquidity
0% of event volume

Event outcomes

5

Family volume

$1K

Best sibling

Before Jul 4, 2026 27¢

Ticker

KXTRUMPPASSPORT-26-JAN01

Market snapshot

Before Jan 1, 2027 in market context.

This page tracks the Kalshi contract for Will it be reported that the United States Department of State issues one or more United States passports to U.S. citizens where the passport contains an image or visual representation of Donald Trump’s face before Jan 1, 2027?. The displayed quote is 89¢ from the latest venue quote. The cached market record reports reported volume of $3. In the Will it be reported that the United States Department of State issues one or more United States passports to U.S. citizens where the passport contains an image or visual representation of Donald Trump’s face before family, this outcome ranks #1 of 5 by current quote across 5 sibling outcomes. The indicator bundle was refreshed May 9, 2026, 8:08 AM UTC.

Outcome

Before Jan 1, 2027

Family rank

#1 of 5

Venue

Kalshi

Current quote

89¢

Quote source

Latest venue quote

Timing

Listed until Jan 1, 2027

Reported volume

$3

Family context

5 outcomes · Will it be reported that the United States Department of State issues one or more United States passports to U.S. citizens where the passport contains an image or visual representation of Donald Trump’s face before

Quote range

27¢-85¢

Family leader

Before Jan 1, 2027 85¢

Last updated

May 9, 2026, 8:08 AM UTC · 14m ago

Venue identifier: KXTRUMPPASSPORT-26-JAN01. Family volume: $1K.

Price history

89¢ current

+7¢
25¢50¢75¢100¢
May 4, 2026May 4, 2026

Orderbook snapshot

85 / 86¢

Kalshi
1¢ spread
BidSize
85¢3.8K
82¢700
81¢100
80¢200
29¢3.1K
AskSize
86¢5.4K
88¢700
89¢100
91¢200
98¢2.3K

Contract terms

Resolution, venue, and identifiers.

Resolution rules

If the United States Department of State issues one or more United States passports to U.S. citizens where the passport contains an image or visual representation of Donald Trump’s face after May 04 02:00 PM ET and before Jan 1, 2027, then the market resolves to Yes.

Venue

Kalshi

Closes

Jan 1, 2027

Identifier

KXTRUMPPASSPORT-26-JAN01

Event family

Will it be reported that the United States Department of State issues one or more United States passports to U.S. citizens where the passport contains an image or visual representation of Donald Trump’s face before.

This view keeps the individual contract next to its sibling outcomes. For long-tail search traffic, this is the useful context: where the current price sits inside the event, how much volume exists around the family, and which outcomes have actual depth.

Total volume

$1K

Outcomes

5

Highest price

Before Jan 1, 2027 85¢

Current share

0%

Indicators

Yield, cliff risk, volatility, and regime.

IY (Yes)

27.2%

IY (No)

873.2%

Adj IY

437%

CRI

6

Overround

2.3%

Regime

neutral

Score

0.5

Full indicator table

27.2%
873.2%
Adj IY
437%
6
Overround
2.3%

Odds pages

Related prediction questions

Browse odds

Related readings

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

Browse library
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.

Conceptmethodology

Liquidity Migration Across Resolution: Where the Money Goes When a Market Closes

When a flagship prediction market closes, the capital that was in it migrates to next-period siblings, adjacent categories, or off the venue entirely. Three migration patterns and the receiving-market opportunity.

Opinionessay

Prediction market liquidity: why depth matters more than volume for serious traders

Why orderbook depth matters more than volume for prediction market traders. Real Kalshi examples, liquidity scoring framework, and how to avoid slippage.

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.

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