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Upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2031 above 1.00%

Above 1.00% is priced at 88¢ on Kalshi. Current book: 88¢ bid, 89¢ ask, 1¢ spread. This outcome ranks #1 of 16 inside Will the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2031 be above.

Price history

88¢ current

+39¢
25¢50¢75¢100¢
Jul 29, 2026Aug 21, 2026

Contract brief

If the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2031, as published on the Federal Reserve’s official website, is above 1.00%, then the market resolves to Yes.

Outcome

Above 1.00%

Rank

#1 of 16

Leader

Above 1.00% 88¢

Range

12¢-88¢

Family volume

$51

Identifier

KXFEDFUNDSYEAR-32JAN01-T1.00

Aug 22, 2026, 9:38 PM UTC · 4m ago

Implied probability

88¢
Latest venue quote
Aug 22, 2026, 9:38 PM UTC · 4m ago

Bid

88¢

Ask

89¢

Spread

Reported volume

$353

Family rank

#1 of 16

16 outcomes · Will the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2031 be above

Closes

Jan 1, 2032

Family volume

$51

Orderbook snapshot

88 / 89¢

Kalshi
1¢ spread
BidSize
88¢1.3K
87¢25
85¢300
82¢200
80¢2
AskSize
89¢609
90¢153
95¢371
96¢1.0K
97¢1.0K

Contract terms

What resolves this market.

YES condition

If the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2031, as published on the Federal Reserve’s official website, is above 1.00%, then the market resolves to Yes.

Venue

Kalshi

Closes

Jan 1, 2032

Identifier

KXFEDFUNDSYEAR-32JAN01-T1.00

SF Signal
SF Index
68.38
Regime
neutral

Indicators

Yield, cliff risk, volatility, and regime.

IY (Yes)

2.5%

IY (No)

136.8%

Adj IY

68%

CRI

7

Overround

8.7%

Regime

neutral

Score

0.5

Full indicator table

2.5%
136.8%
Adj IY
68%
7
Overround
8.7%

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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.