SimpleFunctions

Upper bound of the federal funds rate above 4.00% following the Fed's Jan 27, 2027 meeting

Above 4.00% is priced at 33¢ on Kalshi. Current book: 31¢ bid, 35¢ ask, 4¢ spread. This outcome ranks #14 of 16 inside Will the upper bound of the federal funds rate be above.

Price history

33¢ current

+28¢
0¢25¢50¢
Apr 27, 2026May 26, 2026

Contract brief

If the upper bound of the target federal funds rate published on the Federal Reserve's official website is greater than 4.00% following the Federal Reserve's Jan 27, 2027 meeting, then the market resolves to Yes.

Outcome

Above 4.00%

Rank

#14 of 16

Leader

Above 0.75% 85¢

Range

3¢-85¢

Family volume

$132

Identifier

KXFED-27JAN-T4.00

May 26, 2026, 11:38 AM UTC · 28m ago

Implied probability

33¢
Latest venue quote
May 26, 2026, 11:38 AM UTC · 28m ago

Bid

31¢

Ask

35¢

Spread

24h volume

$37

Family rank

#14 of 16

16 outcomes · Will the upper bound of the federal funds rate be above

Closes

Jan 27, 2027

Family volume

$132

Orderbook snapshot

31 / 35¢

Kalshi
4¢ spread
BidSize
31¢11
25¢5
24¢3
17¢1
16¢15
AskSize
35¢1
37¢2
44¢2
47¢181
48¢291

Contract terms

What resolves this market.

YES condition

If the upper bound of the target federal funds rate published on the Federal Reserve's official website is greater than 4.00% following the Federal Reserve's Jan 27, 2027 meeting, then the market resolves to Yes.

Venue

Kalshi

Closes

Jan 27, 2027

Identifier

KXFED-27JAN-T4.00

SF Signal
SF Index
314.91
Regime
neutral

Indicators

Yield, cliff risk, volatility, and regime.

IY (Yes)

314.9%

IY (No)

69.7%

Adj IY

315%

CRI

2

RV

322%

VR

1.81

Regime

neutral

Score

0.558

Observability

high

Event type

data_release

Full indicator table

314.9%
69.7%
Adj IY
315%
2
RV
322%
VR
1.81
IAR
0.9/h
-6.000
Overround
9.7%
Residual VR
+1.53

Odds pages

Related prediction questions

Browse odds

Related readings

Matched from SimpleFunctions blog, opinions, technical guides, concepts, and learn pages.

Browse library
Blogmacro

Fed Rate Cuts 2026: What $200M in Prediction Market Volume Is Telling Us

Fed rate prediction market analysis for 2026. Meeting-by-meeting probabilities, comparison with CME futures, cross-market signals, tail risk pricing, and historical accuracy.

Technicalguide

Kalshi vs Polymarket: A Developer's Comparison of APIs, Orderbooks, and Liquidity

Data-driven comparison of Kalshi and Polymarket APIs, orderbooks, rate limits, and liquidity. Code examples for building on both prediction markets.

Blogmacro

US Recession 2025? What 1% Prediction Market Odds Get Right—and Wrong—About the Cycle

Prediction markets put 2025 US recession odds near 1%, while yield curves, economic indicators, and institutional forecasts point to much higher risk. This deep dive compares market pricing to historical base rates, Federal Reserve policy, and forecasting models to see if investors are underpricing recession risk.

Opinionessay

Prediction market liquidity: why depth matters more than volume for serious traders

Why orderbook depth matters more than volume for prediction market traders. Real Kalshi examples, liquidity scoring framework, and how to avoid slippage.

Blogmarkets

Kalshi vs Polymarket: Which Prediction Market Should You Trade?

In-depth comparison of Kalshi and Polymarket for prediction market traders. Regulatory structure, liquidity, fees, API tooling, and cross-venue trading with SimpleFunctions.

Blogmacro

Federal Reserve Interest Rates 2026: What Inflation Prediction Markets Are Really Pricing In

Deep‑dive on Federal Reserve interest rates in 2026: SEP projections, inflation and unemployment paths, QT endgame, global central bank context, and what prediction markets are pricing for Fed cuts, inflation, and recession—plus actionable trading setups.

SimpleFunctions context

Index, screen, query, and monitor.

Open index

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.