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Markets/KXFED/KXFED-27JUL/KXFED-27JUL-T4.25

Will the upper bound of the federal funds rate be above 4.25% following the Fed's Jul 28, 2027 meeting?

Above 4.25%activebinarygreater

Public page Open on kalshi.com

Yes bid / ask

2¢ / 98¢

spread 96¢

Last trade

0¢

–

No bid / ask

2¢ / 98¢

24h volume

0 lifetime

Open interest

top of book 72 × 35

Closes

in 10mo

Jul 28, 2027 · 5:55 PM UTC

YES price

Close per candle with bid/ask band; volume below. Times in UTC.

24h · 1m 7d · 1h 30d · 1h 90d · 1d

Not enough history to chart.

Order book

Top of book, both sides expressed as YES prices.

Yes ask (no bid)SizeYes

ask5099¢
ask3598¢

spread96¢mid 50¢

bid722¢

Resolution rules

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 4.25% following the Federal Reserve's Jul 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 Jul 28, 2027 meeting or one week following the last day of that meeting.

opens: Sep 18 · 3:00 PM UTC
closes: Jul 28, 2027 · 5:55 PM UTC · may close early
expires: Jul 28, 2027 · 6:05 PM UTC
floor: 4.25

Recent trades

Most recent first. Price is the YES side.

No trades yet.

Raw payload

Exactly what the API returned for this market.

Show JSON

market42

can_close_earlytrue

close_time2027-07-28T17:55:00Z

created_time2026-09-18T13:18:55.113566Z

event_tickerKXFED-27JUL

exchange_index

bid

1¢

Yes bid (no ask)SizeYes

expected_expiration_time2027-07-28T18:05:00Z

expiration_time2027-08-04T18:05:00Z

expiration_value

floor_strike4.25

last_price_dollars0.0000

latest_expiration_time2027-08-04T18:05:00Z

liquidity_dollars0.0000

market_typebinary

no_ask_dollars0.9800

no_bid_dollars0.0200

no_sub_titleAbove 4.25%

notional_value_dollars1.0000

occurrence_datetime2027-07-28T14:00:00Z

open_interest_fp0.00

open_time2026-09-18T15:00:00Z

previous_price_dollars0.0000

previous_yes_ask_dollars0.9800

previous_yes_bid_dollars0.0200

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 4.25% following the Federal Reserve's Jul 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 Jul 28, 2027 meeting or one week following the last day of that meeting.

settlement_timer_seconds300