SimpleFunctions
Winner-take-all answer·3 source contracts·Kalshi 3·refreshed just now·Closes Apr 1, 2027 · 280d

Will Output Token Price (Paid Tier) of Google Gemini 3.5 Flash be at or below $5/MTok in 2026

Leader sits at 20% across 3 bound outcomes, runner-up at 10%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

20%

$8/MTok or below

runner-up 10¢leader 20¢

Outcomes

3

winner-take-all

Runner-up

10¢

$7/MTok or below

Spread

10pp

contested

24h volume

$4

thin orderbook

Closes

Apr 1, 2027

280 days

Venue

Kalshi

3 bound

30-day trend

0%50%100%-30d-3w-2w-1wtoday$8/MTok or below: 21% (14 days, 9 points)$8/MTok or below: 21% on 2026-06-25$7/MTok or below: 12% (14 days, 12 points)$7/MTok or below: 12% on 2026-06-25$6/MTok or below: 4% (14 days, 5 points)$6/MTok or below: 4% on 2026-06-23
$8/MTok or below21¢$7/MTok or below12¢$6/MTok or below4¢
Top 3 candidates by current price · 14d

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 33% chance that Google will price Gemini 3.5 Flash output tokens at $8/million tokens or below by end of 2026. The contract structure shows tight clustering around the $5–$8 range, suggesting meaningful uncertainty about pricing strategy rather than extreme outcomes. Pricing will depend primarily on Google's competitive positioning versus Claude, GPT-4, and other large language models, as well as whether demand pressures push prices up or cost reductions enable cuts. A key driver is whether Google maintains aggressive pricing to gain market share or raises prices as the model becomes production-critical for enterprise customers. The biggest uncertainty resolver will be Google's official pricing announcements and any shifts tied to new model releases or competitive moves in Q3–Q4 2026.

  • Current Gemini 3.5 Flash pricing as baseline reference: published rates show whether the market is pricing improvement or degradation from today's level
  • Competitive pricing by Anthropic (Claude), OpenAI (GPT-4o), and open-source alternatives, since enterprise buyers actively arbitrage token costs across providers
  • Google's historical token pricing trajectory: whether recent trends show consistent reductions or price stability after initial launch discounts
  • Announced major model updates or tiers by Google in 2026: new model releases or tier restructuring could reset pricing for 3.5 Flash specifically
  • Volume commitments and enterprise contract discounts: whether bulk-user pricing distorts the 'public' per-token rate captured in market data

Recently closed in crypto

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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