SimpleFunctions

Round of 16 · Will the furthest stage advanced to by any South America nation

Round of 16 is priced at 9¢ on Kalshi. Current book: 4¢ bid, 13¢ ask, 9¢ spread. This outcome ranks #3 of 6 inside Will the furthest stage advanced to by any South America nation.

Price history

9¢ current

+2¢
0¢10¢
May 30, 2026Jun 26, 2026

Contract brief

If the furthest stage advanced to by any team that competes in South America (CONMEBOL) qualification is the Round of 16 in the 2026 Men's FIFA World Cup, then the market resolves to Yes.

Outcome

Round of 16

Rank

#3 of 6

Leader

Semifinals 26¢

Range

1¢-26¢

Family volume

$258

Identifier

KXWCSTAGE-26SA-R16

Jun 26, 2026, 4:38 AM UTC · 18m ago

Implied probability

9¢
Latest venue quote
Jun 26, 2026, 4:38 AM UTC · 18m ago

Bid

Ask

13¢

Spread

Reported volume

$1K

Family rank

#3 of 6

6 outcomes · Will the furthest stage advanced to by any South America nation

Closes

Jul 26, 2026

Family volume

$258

Orderbook snapshot

4 / 13¢

Kalshi
9¢ spread
BidSize
100¢74
4¢5
3¢1.5K
2¢1.6K
AskSize
13¢5
14¢1.5K
15¢1.7K
41¢15
77¢995

Contract terms

What resolves this market.

YES condition

If the furthest stage advanced to by any team that competes in South America (CONMEBOL) qualification is the Round of 16 in the 2026 Men's FIFA World Cup, then the market resolves to Yes.

Venue

Kalshi

Closes

Jul 26, 2026

Identifier

KXWCSTAGE-26SA-R16

SF Signal
SF Index
28512.84
Regime
neutral

Event family

Will the furthest stage advanced to by any South America nation.

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

Total volume

$258

Outcomes

6

Highest price

Semifinals 26¢

Current share

0%

Indicators

Yield, cliff risk, volatility, and regime.

IY (Yes)

28512.8%

IY (No)

49.5%

Adj IY

28513%

CRI

24

RV

3104%

VR

0.90

Regime

neutral

Score

0.5

Full indicator table

28512.8%
49.5%
Adj IY
28513%
24
RV
3104%
VR
0.90
IAR
0.4/h
Overround
-0.4%

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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.