Will the brent crude oil close price be above $110.99 on Apr 30, 2026 at 5pm EDT?
Prediction markets currently give a 25% probability that Will the brent crude oil close price be above $110.99 on Apr 30, 2026 at 5pm EDT?. This contract trades at 25¢ on Kalshi, closing April 30, 2026. This market shows extreme mispricing with a 12,917% implied yield on the Yes side despite only a 21% probability, suggesting severe illiquidity ($4,088 open interest, $294 daily volume) is distorting prices rather than reflecting genuine market expectations.
Analysis
This market shows extreme mispricing with a 12,917% implied yield on the Yes side despite only a 21% probability, suggesting severe illiquidity ($4,088 open interest, $294 daily volume) is distorting prices rather than reflecting genuine market expectations. The sharp 7-day decline from 26¢ to 17¢ combined with 862% realized volatility and a high cliff risk index (5) indicates this contract is experiencing erratic price action typical of thin, low-liquidity venues. With 14 days to expiry and Brent currently trading around $80-85/barrel, the $110.99 strike requires a ~30% rally in two weeks, making the 21% probability potentially reasonable on fundamentals, but the extreme yield spread suggests informed traders should be cautious about the resolution mechanics and potential for unexpected volatility near expiry.
Resolution rules
If the close price of the 1-minute candlestick for brent crude oil on April 30, 2026 at 5 PM EDT is above 110.99 USD/Bbl, then the market resolves to Yes.
Indicators
Regime
Edges (2)
Trade
sf trade KXBRENTMON-26APR3017-T110.99 yes 100