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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 5.25%

Above 5.25% is priced at 33¢ on Kalshi. Current book: 9¢ bid, 34¢ ask, 25¢ spread. This outcome ranks #16 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

33¢ current

+8¢
0¢25¢
Jul 29, 2026Aug 6, 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 5.25%, then the market resolves to Yes.

Outcome

Above 5.25%

Rank

#16 of 16

Leader

Above 1.00% 81¢

Range

9¢-81¢

Family volume

$0

Identifier

KXFEDFUNDSYEAR-32JAN01-T5.25

Aug 6, 2026, 10:08 PM UTC · 1h ago

Implied probability

33¢
Latest venue quote
Aug 6, 2026, 10:08 PM UTC · 1h ago

Bid

Ask

34¢

Spread

25¢

Reported volume

$102

Family rank

#16 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

$0

Orderbook snapshot

9 / 34¢

Kalshi
25¢ spread
BidSize
9¢91
8¢453
7¢68
5¢6.5K
4¢1.0K
AskSize
34¢187
35¢380
36¢45
93¢200
94¢3.9K

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 5.25%, then the market resolves to Yes.

Venue

Kalshi

Closes

Jan 1, 2032

Identifier

KXFEDFUNDSYEAR-32JAN01-T5.25

SF Signal
SF Index
93.51
Regime
neutral

Indicators

Yield, cliff risk, volatility, and regime.

IY (Yes)

187.0%

IY (No)

1.8%

Adj IY

94%

CRI

10

Overround

7.5%

Regime

neutral

Score

0.5

Full indicator table

187.0%
1.8%
Adj IY
94%
10
Overround
7.5%

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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.