Where is the S&P 500 heading?
Liquidity-weighted aggregate sits at 22% across 15 Kalshi contracts.
Implied probability
Kalshi
22%
15 contracts
Polymarket
—
not bound
Cross-venue gap
—
single venue
24h move
—
no pin
24h volume
$1.8M
15 contracts
Closes
Jan 1, 2027
100 days
30-day trend
Bracket families
5 clusters across 15 contracts.
These contracts were grouped by title similarity. The headline aggregate combines all clusters; verify the cluster you actually need before quoting a number.
Cluster 1
Will the maximum SP500 value reach
Will the maximum SP500 value reach 7999.99 by Jan 1, 2027?
KXINXMAXY-01JAN2027-7999.99
Will the maximum SP500 value reach 8199.99 by Jan 1, 2027?
KXINXMAXY-01JAN2027-8199.99
Will the maximum SP500 value reach 8399.99 by Jan 1, 2027?
KXINXMAXY-01JAN2027-8399.99
Will the maximum SP500 value reach 8599.99 by Jan 1, 2027?
KXINXMAXY-01JAN2027-8599.99
Will the maximum SP500 value reach 8999.99 by Jan 1, 2027?
KXINXMAXY-01JAN2027-8999.99
Will the maximum SP500 value reach 8799.99 by Jan 1, 2027?
KXINXMAXY-01JAN2027-8799.99
Cluster 2
Will the minimum SP500 value reach below
Will the minimum SP500 value reach below 5900.01 by Jan 1, 2027?
KXINXMINY-01JAN2027-5900.01
Will the minimum SP500 value reach below 6300.01 by Jan 1, 2027?
KXINXMINY-01JAN2027-6300.01
Will the minimum SP500 value reach below 6000.01 by Jan 1, 2027?
KXINXMINY-01JAN2027-6000.01
Will the minimum SP500 value reach below 6200.01 by Jan 1, 2027?
KXINXMINY-01JAN2027-6200.01
Will the minimum SP500 value reach below 6100.01 by Jan 1, 2027?
KXINXMINY-01JAN2027-6100.01
Cluster 3
Will the S&P 500 Index be above $8,000 before
Cluster 4
Will S&P 500 Total Return Index outperform BTC
Will S&P 500 Total Return Index outperform BTC?
KXINXVSBTC-26DEC31-INXTR
Cluster 5
Will BTC outperform S&P 500 Total Return Index
Will BTC outperform S&P 500 Total Return Index?
KXINXVSBTC-26DEC31-BTC
Analysis
Market evidence is not negligible: kalshi "Will S&P 500 Total Return Index outperform BTC?" 86¢; kalshi "Will the maximum SP500 value reach 7999.99 by Jan 1, 2027?" 67¢; kalshi "Will the maximum SP500 value reach 8199.99 by Jan 1, 2027?" 35¢. Resolution windows can differ across venues, so treat the odds as contract-specific rather than one combined probability.
- ›S&P 500 at $773.25
- ›44% chance of breaching 8,000 by Nov 1
- ›Low risk of sub-6,000 correction
- ›86% preference for S&P 500 over Bitcoin
- ›Bullish futures sentiment
What moved the line
- Sep 19Will the S&P 500 Index be above $8,000 before Nov 1, 2026?↓11pp30→19¢ · Kalshi
- Sep 19Will the S&P 500 Index be above $8,000 before Oct 1, 2026?↑7pp2→9¢ · Kalshi
- Sep 17Will the maximum SP500 value reach 8199.99 by Jan 1, 2027?↓6pp27→21¢ · Kalshi
- Sep 18Will the S&P 500 Index be above $8,000 before Nov 1, 2026?↓5pp35→30¢ · Kalshi
- Sep 18Will the minimum SP500 value reach below 6200.01 by Jan 1, 2027?↓5pp14→9¢ · Kalshi
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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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