Will the number of distinct government shutdowns (as defined in the GOVTSHUTLENGTH contract, with shutdown status checked at 10:00 AM ET each day) be exactly 4 in 2026?

Prediction markets currently give a 12% probability that Will the number of distinct government shutdowns (as defined in the GOVTSHUTLENGTH contract, with shutdown status che.... This contract trades at 12¢ on Kalshi, closing January 1, 2027. This market shows extreme illiquidity with zero 24-hour volume despite a massive 1137% implied yield on the Yes side, suggesting the 12¢ price may not reflect genuine market consensus but rather a thin, stale quote with a wide 4¢ spread.

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12¢
Bid/Ask 12/15¢·Spread 3¢·Vol $0·OI $1,179·Closes Jan 1, 2027·255d remaining
KXNUMSHUTDOWNS-27JAN01-T4

Analysis

4d ago

This market shows extreme illiquidity with zero 24-hour volume despite a massive 1137% implied yield on the Yes side, suggesting the 12¢ price may not reflect genuine market consensus but rather a thin, stale quote with a wide 4¢ spread. The extraordinarily high yield combined with low open interest of $1,179 and a cliff risk index of 8 indicates this contract is unlikely to see meaningful trading activity before its 260-day expiry on 1/1/2027. The "exactly 4" resolution criterion is notably restrictive—given historical shutdown frequency, betting on a precise count rather than a range makes this a speculative tail-risk position rather than a core political forecast.

Resolution rules

If the number of distinct government shutdowns (as defined in the GOVTSHUTLENGTH contract, with shutdown status checked at 10:00 AM ET each day) is exactly 4 in 2026, then the market resolves to Yes.

Indicators

IY (Yes) 1050.6%
IY (No) 19.5%
Adj IY 525%
CRI 7
Overround -0.1%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)1050.6%
IY (No)19.5%
Adj IY525%
CRI7
Overround-0.1%

Regime

Label
neutral
Score
0.5
Spread
3¢
Computed
4/21/2026, 8:23:11 PM
Indicators computed 4/21/2026, 8:08:17 PM

Trade

View on kalshisf trade KXNUMSHUTDOWNS-27JAN01-T4 yes 100

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