SimpleFunctions
Winner-take-all answer·4 source contracts·Kalshi 4·refreshed just now·Closes Aug 18, 2026 · 6d

Will there be more than 250 transit calls through the Panama Canal from Jul 27, 2026 to Aug 2, 2026

Leader sits at 93% across 4 bound outcomes, runner-up at 71%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

93%

Above 175

runner-up 71¢leader 93¢

Outcomes

4

winner-take-all

Runner-up

71¢

Above 200

Spread

22pp

contested

24h volume

$0

thin orderbook

Closes

Aug 18, 2026

6 days

Venue

Kalshi

4 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayAbove 175: 55% (2 days, 2 points)Above 175: 55% on 2026-08-11Above 200: 43% (2 days, 2 points)Above 200: 43% on 2026-08-11Above 225: 10% (2 days, 2 points)Above 225: 10% on 2026-08-11
Above 17555¢Above 20043¢Above 22510¢
Top 3 candidates by current price · 2d

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 contract reflects a 91% probability that the Panama Canal will record more than 175 transit calls during the week of July 27–August 2, 2026. The high confidence suggests market participants expect normal-to-elevated Canal traffic during this period, though the steep probability drop at higher thresholds (19% for 225+ transits, 6% for 250+) indicates uncertainty about whether traffic will spike significantly. Canal transits are driven by global shipping demand, vessel scheduling, and any operational constraints at the Canal itself. The resolution will occur when the Panama Canal Authority publishes official transit data for the specified week, confirming the exact number of transits. Key uncertainties include seasonal shipping patterns, whether any maintenance closures occur, and broader economic shipping trends in late July 2026.

  • Historical weekly transit averages typically range 35–40 per day (245–280 per week), suggesting the 175-transit threshold is well below recent norms but above crisis-level lows
  • The sharp probability gradient across thresholds (91% → 65% → 19% → 6%) indicates market consensus clusters around 175–225 transits rather than extreme outcomes
  • Panama Canal Authority publishes official transit counts weekly; this contract resolves against published data, making it verifiable and eliminating interpretation risk
  • Any unscheduled maintenance, drought reducing water levels, or major geopolitical disruption could suppress transit volume significantly below historical averages
  • Seasonal patterns in Q3 (late summer) and upcoming published data for the week of July 27–August 2 will provide the factual basis for resolution

What moved the line

  • Aug 11Above 17538pp9355¢ · Kalshi
  • Aug 11Above 20028pp7143¢ · Kalshi
  • Aug 11Above 22511pp2110¢ · 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.

More like this

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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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