Will the US agree to a new Iranian nuclear deal this year?

Prediction markets currently give a 19% probability that Will the US agree to a new Iranian nuclear deal this year?. This contract trades at 19¢ on Kalshi, closing May 1, 2026. The Yes position has surged 110% over seven days to 21¢, yet the extreme 9,466% implied yield on Yes contracts suggests severe illiquidity and potential mispricing rather than genuine conviction—the $358k open interest concentrated in a thin 1¢ spread indicates this market lacks depth for meaningful position sizing.

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19¢
Bid/Ask 19/20¢·Spread 1¢·Vol $133,696.31·OI $487,038.8·Closes May 1, 2026·10d remaining
KXUSAIRANAGREEMENT-27-26MAY
7-day price539 snapshots · 129 regime
47¢19¢ current
Apr 86¢Apr 21

Analysis

4d ago

The Yes position has surged 110% over seven days to 21¢, yet the extreme 9,466% implied yield on Yes contracts suggests severe illiquidity and potential mispricing rather than genuine conviction—the $358k open interest concentrated in a thin 1¢ spread indicates this market lacks depth for meaningful position sizing. With 15 days to expiry and a neutral regime despite 1,047% realized volatility, the 1.1 info arrivals per hour suggest ongoing geopolitical developments could rapidly shift probabilities, making this a high-risk venue for anything beyond small speculative bets.

Resolution rules

If the United States has agreed to, signed, or accepted a new Iran-US nuclear deal before May 1, 2026, then the market resolves to Yes.

Indicators

IY (Yes) 15917.1%
IY (No) 875.8%
Adj IY 15080%
CRI 4
RV 1553%
VR 1.66
▶ Full indicator table (10)
IndicatorValue
IY (Yes)15917.1%
IY (No)875.8%
Adj IY15080%
CRI4
RV1553%
VR1.66
IAR2.9/h
EE18.000
Overround3.3%
LAS0.05

Regime

Label
neutral
Score
0.577
Spread
1¢
Computed
4/21/2026, 7:35:00 PM
SF edge 54.0¢ noObservability mediumEvent type political

Edges (12)

NO +54¢thesis — Putin profits from Iran war oil prices. Russian military budget fully funded. Uk
NO +14¢thesis — Putin profits from Iran war oil prices. Russian military budget fully funded. Uk
NO +45¢thesis — US freezes Russian assets, sanctions Iran, bombs Iran — each action tells the wo
NO +4¢thesis — US freezes Russian assets, sanctions Iran, bombs Iran — each action tells the wo
NO +66¢thesis — The United States will launch a ground invasion of Iran. After 5 weeks of airstr
Has thesisHas orderbookIndicators computed 4/21/2026, 7:23:17 PM

Trade

View on kalshisf trade KXUSAIRANAGREEMENT-27-26MAY yes 100

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