SimpleFunctions

Before 2027 · Will Trump recognize

Before 2027 is priced at 3¢ on Kalshi. Current book: 4¢ bid, 9¢ ask, 5¢ spread. This outcome ranks #2 of 2 inside Will Trump recognize.

Price history

3¢ current

0¢5¢10¢
May 22, 2026Jun 18, 2026

Contract brief

If the United States explicitly and formally recognizes the Republic of China as a sovereign state independent from any previously recognized country after Issuance and before Jan 1, 2027, the market resolves to Yes.

Outcome

Before 2027

Rank

#2 of 2

Leader

Before Jan 20, 2029 17¢

Range

4¢-17¢

Family volume

$566

Identifier

KXRECOGROC-29-27

Jun 21, 2026, 8:08 AM UTC · 16m ago

Implied probability

3¢
Latest venue quote
Jun 21, 2026, 8:08 AM UTC · 16m ago

Bid

Ask

Spread

Reported volume

$2K

Family rank

#2 of 2

2 outcomes · Will Trump recognize

Closes

Jan 1, 2027

Family volume

$566

Orderbook snapshot

4 / 9¢

Kalshi
5¢ spread
BidSize
100¢290
4¢5
3¢948
2¢125
AskSize
9¢125
10¢250
12¢510
24¢51
69¢313

Contract terms

What resolves this market.

YES condition

If the United States explicitly and formally recognizes the Republic of China as a sovereign state independent from any previously recognized country after Issuance and before Jan 1, 2027, the market resolves to Yes.

Venue

Kalshi

Closes

Jan 1, 2027

Identifier

KXRECOGROC-29-27

SF Signal
SF Index
2254.41
Regime
neutral

Event family

Will Trump recognize.

The same race as a probability stack: rank, volume, and where this contract sits against the other outcomes.

Total volume

$566

Outcomes

2

Highest price

Before Jan 20, 2029 17¢

Current share

0%

Indicators

Yield, cliff risk, volatility, and regime.

Regime

neutral

Score

0.5

Full indicator table

4508.8%
7.8%
Adj IY
2254%
24

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SimpleFunctions context

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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.