SimpleFunctions
KalshiJul 4, 202656 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 Jul 4, 2026?

This contract is priced at 28¢ on Kalshi. Current book: 27¢ bid, 28¢ ask, 1¢ spread.

Implied probability

28¢
$2K volume
$2K liquidity
168% of event volume

Event outcomes

5

Family volume

$1K

Best sibling

Before Jul 20, 2026 69¢

Ticker

KXTRUMPPASSPORT-26-JUL04

Market snapshot

Before Jul 4, 2026 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 Jul 4, 2026?. The displayed quote is 28¢ from the latest venue quote. The cached market record reports 24h volume of $1K. 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 #5 of 5 by current quote across 5 sibling outcomes. The indicator bundle was refreshed May 9, 2026, 5:08 AM UTC.

Outcome

Before Jul 4, 2026

Family rank

#5 of 5

Venue

Kalshi

Current quote

28¢

Quote source

Latest venue quote

Timing

Listed until Jul 4, 2026

24h volume

$1K

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, 5:08 AM UTC · 6m ago

Venue identifier: KXTRUMPPASSPORT-26-JUL04. Family volume: $1K.

Price history

28¢ current

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

Orderbook snapshot

27 / 28¢

Kalshi
1¢ spread
BidSize
27¢5.0K
26¢302
17¢100
15¢200
5¢216
AskSize
28¢2.2K
91¢14
92¢237
93¢13
94¢5.0K

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 Jul 4, 2026, then the market resolves to Yes.

Venue

Kalshi

Closes

Jul 4, 2026

Identifier

KXTRUMPPASSPORT-26-JUL04

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

100%

Indicators

Yield, cliff risk, volatility, and regime.

IY (Yes)

1763.7%

IY (No)

241.3%

Adj IY

849%

CRI

3

Overround

2.3%

LAS

0.04

Regime

neutral

Score

0.5

Full indicator table

1763.7%
241.3%
Adj IY
849%
3
Overround
2.3%
LAS
0.04

Odds pages

Related prediction questions

Browse odds

Related readings

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

Browse library
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.

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.

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

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.

SimpleFunctions context

Index, screen, query, and monitor.

Open index