Verbatim from the venue. The analyst must quote these, never paraphrase.
If the upper bound of the target federal funds rate published on the Federal Reserve's official website is greater than 3.75% following the Federal Reserve's Apr 28, 2027 meeting, then the market resolves to Yes.
This market will expire the first 2:05 PM ET following the release of a Federal Reserve statement for their Apr 28, 2027 meeting or one week following the last day of that meeting.
opens
Oct 13, 2025 · 2:00 PM UTC
closes
Apr 28, 2027 · 5:55 PM UTC · may close early
expires
Apr 28, 2027 · 6:05 PM UTC
floor
3.75
Recent trades
Most recent first. Price is the YES side.
Time
Yes
No
Size
Taker
2d ago
71¢
29¢
0.99
no
4d ago
Raw payload
Exactly what the API returned for this market.
Show JSON
market41
can_close_earlytrue
close_time2027-04-28T17:55:00Z
created_time2025-10-06T19:22:55.893694Z
event_tickerKXFED-27APR
exchange_index
ask
50
92¢
ask13791¢
spread19¢mid 82¢
bid0.9272¢
bid5.7571¢
bid50070¢
bid2241¢
bid5240¢
bid24439¢
bid20338¢
bid1,06537¢
Yes bid (no ask)SizeYes
89¢
11¢
14
yes
4d ago
87¢
13¢
1.39
yes
4d ago
68¢
32¢
3
yes
4d ago
70¢
30¢
21
yes
4d ago
66¢
34¢
3
yes
4d ago
86¢
14¢
0.24
yes
4d ago
86¢
14¢
14
yes
4d ago
88¢
12¢
3.94
yes
4d ago
86¢
14¢
4.9
yes
4d ago
89¢
11¢
59
yes
4d ago
65¢
35¢
3
yes
6d ago
56¢
44¢
0.55
no
6d ago
57¢
43¢
7.05
no
6d ago
58¢
42¢
1.16
no
6d ago
58¢
42¢
0.24
no
10d ago
53¢
47¢
1
no
11d ago
72¢
28¢
4
yes
13d ago
62¢
38¢
1
yes
13d ago
53¢
47¢
2
no
13d ago
53¢
47¢
2
no
14d ago
53¢
47¢
2
no
14d ago
70¢
30¢
1.39
yes
15d ago
71¢
29¢
2
yes
15d ago
71¢
29¢
38
yes
0
expected_expiration_time2027-04-28T18:05:00Z
expiration_time2027-05-05T18:05:00Z
expiration_value
floor_strike3.75
last_price_dollars0.7100
latest_expiration_time2027-05-05T18:05:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.2800
no_bid_dollars0.0900
no_sub_titleAbove 3.75%
notional_value_dollars1.0000
open_interest_fp1712.31
open_time2025-10-13T14:00:00Z
previous_price_dollars0.7100
previous_yes_ask_dollars0.9100
previous_yes_bid_dollars0.7200
price_level_structurelinear_cent
price_ranges1
[0]3
end1.0000
start0.0000
step0.0100
result
rules_primaryIf the upper bound of the target federal funds rate published on the Federal Reserve's official website is greater than 3.75% following the Federal Reserve's Apr 28, 2027 meeting, then the market resolves to Yes.
rules_secondaryThis market will expire the first 2:05 PM ET following the release of a Federal Reserve statement for their Apr 28, 2027 meeting or one week following the last day of that meeting.
settlement_timer_seconds300
statusactive
strike_typegreater
subtitle3.75%
tickerKXFED-27APR-T3.75
titleWill the upper bound of the federal funds rate be above 3.75% following the Fed's Apr 28, 2027 meeting?