Will Mandatory funding for all of DHS lasting at least 1 year be in the next reconciliation bill?

Prediction markets currently give a 6% probability that Will Mandatory funding for all of DHS lasting at least 1 year be in the next reconciliation bill?. This contract trades at 6¢ on Kalshi, closing January 1, 2027. The market has experienced extreme volatility, plummeting 77% over seven days from 66¢ to 15¢, suggesting a significant shift in market sentiment regarding DHS funding inclusion in the next reconciliation bill.

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6¢
Bid/Ask 6/10¢·Spread 4¢·Vol $42·OI $1,957·Closes Jan 1, 2027·255d remaining
KXRECBILL-27-DHS1
7-day price26 snapshots · 5 regime
66¢6¢ current
Apr 112¢Apr 21

Analysis

4d ago

The market has experienced extreme volatility, plummeting 77% over seven days from 66¢ to 15¢, suggesting a significant shift in market sentiment regarding DHS funding inclusion in the next reconciliation bill. The 20¢ price implies only a 20% probability despite a notably high implied yield of 796.7% for Yes positions, indicating substantial uncertainty and potential mispricing given the 260-day timeframe to resolution. Liquidity is thin with just $300 in 24-hour volume and $1,981 open interest, making the extreme yield figures less reliable and the 5¢ spread relatively wide for such a low-priced contract.

Resolution rules

If the next reconciliation bill to become law includes mandatory funding for all of DHS lasting at least 1 year before Jan 1, 2027, then the market resolves to Yes.

Indicators

IY (Yes) 2244.8%
IY (No) 9.1%
Adj IY 1122%
CRI 16
Overround 0.7%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)2244.8%
IY (No)9.1%
Adj IY1122%
CRI16
Overround0.7%

Regime

Label
neutral
Score
0.5
Spread
4¢
Computed
4/21/2026, 9:30:50 PM
Indicators computed 4/21/2026, 9:23:17 PM

Trade

View on kalshisf trade KXRECBILL-27-DHS1 yes 100

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