SimpleFunctions

Exactly 1 cut · Will the Fed cut rates

Exactly 1 cut is priced at 12¢ on Kalshi. Current book: 11¢ bid, 12¢ ask, 1¢ spread. This outcome ranks #2 of 5 inside Will the Fed cut rates.

Price history

12¢ current

4¢
10¢20¢
Jul 10, 2026Aug 7, 2026

Contract brief

If the Fed cuts 1 times starting Jan 1, 2026 and before 2027, then the market resolves to Yes.

Outcome

Exactly 1 cut

Rank

#2 of 5

Leader

Exactly 0 cuts 86¢

Range

1¢-86¢

Family volume

$10K

Identifier

KXRATECUTCOUNT-26DEC31-T1

Aug 9, 2026, 6:08 AM UTC · 23m ago

Implied probability

12¢
Latest venue quote
Aug 9, 2026, 6:08 AM UTC · 23m ago

Bid

11¢

Ask

12¢

Spread

24h volume

$3K

Family rank

#2 of 5

5 outcomes · Will the Fed cut rates

Closes

Jan 1, 2027

Family volume

$10K

Orderbook snapshot

11 / 12¢

Kalshi
1¢ spread
BidSize
11¢983
11¢1.1K
11¢44
10¢50
10¢63
AskSize
12¢48K
12¢2.9K
13¢125
15¢2.8K
15¢2.3K

Contract terms

What resolves this market.

YES condition

If the Fed cuts 1 times starting Jan 1, 2026 and before 2027, then the market resolves to Yes.

Venue

Kalshi

Closes

Jan 1, 2027

Identifier

KXRATECUTCOUNT-26DEC31-T1

SF Signal
SF Index
1018.68
Regime
neutral

Event family

Will the Fed cut rates.

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

Total volume

$10K

Outcomes

5

Highest price

Exactly 0 cuts 86¢

Current share

28%

Indicators

Yield, cliff risk, volatility, and regime.

Regime

neutral

Score

0.5

Full indicator table

2037.4%
31.1%
Adj IY
1019%
8
23.000
Overround
0.0%

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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.