SimpleFunctions
Winner-take-all answer·6 source contracts·Kalshi 6·refreshed just now·Closes Jan 20, 2029 · 852d

Will the US agree to a new Iranian nuclear deal this year

Leader sits at 31% across 6 bound outcomes, runner-up at 22%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

31%

Before Jan 20, 2029

runner-up 22¢leader 31¢

Outcomes

6

winner-take-all

Runner-up

22¢

Before Jan 1, 2028

Spread

9pp

contested

24h volume

$6K

modest

Closes

Jan 20, 2029

852 days

Venue

Kalshi

6 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayBefore Jan 20, 2029: 31% (25 days, 22 points)Before Jan 20, 2029: 31% on 2026-09-19Before Jan 1, 2028: 22% (25 days, 22 points)Before Jan 1, 2028: 22% on 2026-09-18Before Feb 1, 2027: 8% (25 days, 6 points)Before Feb 1, 2027: 8% on 2026-09-18
Before Jan 20, 202931¢Before Jan 1, 202822¢Before Feb 1, 20278¢
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 represents the probability that the US will reach a new nuclear agreement with Iran before January 20, 2029. The current 35% probability reflects significant skepticism that negotiations will succeed, despite ongoing diplomatic discussions. The likelihood depends heavily on whether the incoming administration prioritizes engagement with Iran and whether Iran is willing to accept terms the US finds acceptable. Near-term contract prices (4% for November 2026, 7% for January 2027) suggest traders expect no imminent breakthrough, with most probability weight extending through 2028. The primary catalysts would be explicit statements from US leadership about negotiation timelines, changes in Iran's regional posture, or shifts in European support for deal terms. Resolution ultimately depends on whether formal agreement is signed and ratified, not just preliminary negotiations.

  • US presidential transition in January 2025 and associated foreign policy direction changes
  • Iran's willingness to engage on enrichment limits and verification protocols acceptable to the US
  • Level of support or opposition from Congress, which must approve any binding agreement
  • Regional stability factors including Israeli-Iranian tensions and ongoing proxy conflicts
  • Timeline for observable progress in direct talks, which could occur before November 2026 or extend into 2027-2028

Recently closed in iran

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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