SimpleFunctions

Before Jan 1, 2028 · Will the FDA approve CagriSema before

Before Jan 1, 2028 is priced at 61¢ on Kalshi. Current book: 60¢ bid, 62¢ ask, 2¢ spread. This outcome ranks #3 of 5 inside Will the FDA approve CagriSema before.

Price history

61¢ current

+59¢
0¢25¢50¢75¢100¢
May 14, 2026May 24, 2026

Contract brief

If the FDA approves CagriSema for marketing before Jan 1, 2028, then the market resolves to Yes.

Outcome

Before Jan 1, 2028

Rank

#3 of 5

Leader

Before Jul 1, 2027 81¢

Range

22¢-81¢

Family volume

$1

Identifier

KXFDAAPPROVE-CAG-28JAN01

May 25, 2026, 4:38 AM UTC · 28m ago

Implied probability

61¢
Latest venue quote
May 25, 2026, 4:38 AM UTC · 28m ago

Bid

60¢

Ask

62¢

Spread

Reported volume

$401

Family rank

#3 of 5

5 outcomes · Will the FDA approve CagriSema before

Closes

Jan 1, 2028

Family volume

$1

Orderbook snapshot

60 / 62¢

Kalshi
2¢ spread
BidSize
60¢1
59¢1
55¢100
54¢100
AskSize
62¢100
63¢200
69¢60
74¢4
81¢13

Contract terms

What resolves this market.

YES condition

If the FDA approves CagriSema for marketing before Jan 1, 2028, then the market resolves to Yes.

Venue

Kalshi

Closes

Jan 1, 2028

Identifier

KXFDAAPPROVE-CAG-28JAN01

SF Signal
SF Index
45.16
Regime
neutral

Event family

Will the FDA approve CagriSema before.

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

Total volume

$1

Outcomes

5

Highest price

Before Jul 1, 2027 81¢

Current share

0%

Indicators

Yield, cliff risk, volatility, and regime.

IY (Yes)

41.5%

IY (No)

93.4%

Adj IY

45%

CRI

2

Overround

1.7%

LAS

0.03

Regime

neutral

Score

0.5

Full indicator table

41.5%
93.4%
Adj IY
45%
2
Overround
1.7%
LAS
0.03

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SimpleFunctions context

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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.