SimpleFunctions

Separate HSI from ICE · Will legislation that

Separate HSI from ICE is priced at 9¢ on Kalshi. Current book: 1¢ bid, 5¢ ask, 4¢ spread. This outcome ranks #6 of 6 inside Will legislation that.

Price history

9¢ current

5¢10¢
Jul 22, 2026Jul 22, 2026

Contract brief

If legislation that transfers Homeland Security Investigations (HSI) out of ICE to establish it as a separate entity within the Department of Homeland Security has become law after Issuance and before Jan 1, 2027, then the market resolves to Yes.

Outcome

Separate HSI from ICE

Rank

#6 of 6

Leader

Mandatory body-worn cameras 9¢

Range

1¢-9¢

Family volume

$54

Identifier

KXICEREFORM-HSI

Jul 22, 2026, 6:45 AM UTC · 0m ago

Implied probability

9¢
Latest venue quote
Jul 22, 2026, 6:45 AM UTC · 0m ago

Bid

Ask

Spread

Reported volume

$927

Family rank

#6 of 6

6 outcomes · Will legislation that

Closes

Jan 1, 2027

Family volume

$54

Orderbook snapshot

1 / 5¢

Kalshi
4¢ spread
BidSize
100¢400
AskSize
5¢100
7¢200
21¢40
23¢1
24¢52

Contract terms

What resolves this market.

YES condition

If legislation that transfers Homeland Security Investigations (HSI) out of ICE to establish it as a separate entity within the Department of Homeland Security has become law after Issuance and before Jan 1, 2027, then the market resolves to Yes.

Venue

Kalshi

Closes

Jan 1, 2027

Identifier

KXICEREFORM-HSI

SF Signal
Regime
neutral

Event family

Will legislation that.

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

Total volume

$54

Outcomes

6

Highest price

Mandatory body-worn cameras 9¢

Current share

0%

Indicators

Yield, cliff risk, volatility, and regime.

Regime

neutral

Score

0.409

Observability

medium

Event type

political

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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.