SimpleFunctions
Winner-take-all · 12 outcomes12 contractsKalshirefreshed 1 min agoCloses Jan 20, 2029 · 987d

Will Israel and Belize normalize relations before Jan 1, 2027

Leader sits at 54% across 12 bound outcomes, runner-up at 43%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

54%

Colombia

runner-up 43¢leader 54¢

Outcomes

12

winner-take-all

Runner-up

43¢

During Trump's term

Spread

11pp

contested

24h volume

$2K

modest

Closes

Jan 20, 2029

987 days

Venue

Kalshi

12 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayColombia: 55% (25 days, 12 points)Colombia: 55% on 2026-05-06During Trump's term: 43% (25 days, 20 points)During Trump's term: 43% on 2026-05-07Lebanon: 18% (25 days, 24 points)Lebanon: 18% on 2026-05-07
Colombia55¢During Trump's term43¢Lebanon18¢
Top 3 candidates by current price · 25d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

This market estimates a 16% chance that Israel and Belize will establish diplomatic relations before the end of 2026. The low probability reflects the absence of public diplomatic signals or announced negotiations between the two countries. Movement in this probability would depend on whether Israeli officials initiate formal engagement with Belize or whether international diplomatic initiatives create unexpected bilateral opportunities. The market appears anchored to baseline assumptions about state-to-state relations; absent a specific diplomatic announcement or regional catalyst, probabilities tend to remain stable near this floor. The nearest potential inflection points would be formal statements from either government or documented diplomatic meetings, though no scheduled events are publicly known to trigger such developments before year-end.

  • No public record of active bilateral negotiations or diplomatic initiatives between Israel and Belize as of April 2026
  • Belize maintains limited diplomatic infrastructure and has not historically prioritized Israeli relations as a policy priority
  • Comparison markets show higher probabilities for Israel-Saudi Arabia (19¢), Israel-Indonesia (6¢), and Israel-Lebanon (22-23¢) normalization, suggesting Belize ranks lower among likely candidates
  • Israeli diplomatic capacity in 2026 is concentrated on Gulf states and regional players; Central American bilateral relations are not documented as a strategic focus
  • Market pricing at 16% suggests traders assign non-zero weight to unexpected diplomatic developments rather than zero-probability assessment

What moved the line

  • May 6Colombia6pp4955¢ · Kalshi
  • May 6Syria4pp95¢ · Kalshi
  • May 6Saudi Arabia3pp2118¢ · Kalshi
  • May 6During Trump's term3pp4346¢ · Kalshi
  • May 7During Trump's term3pp4643¢ · Kalshi

Recently closed in general

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

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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.

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