Verbatim from the venue. The analyst must quote these, never paraphrase.
If the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2027, as published on the Federal Reserve’s official website, is above 1.25%, then the market resolves to Yes.
If the Federal Reserve specifies a single target rate rather than a target range, that target rate will be used.
opens
Jul 29 · 6:00 PM UTC
closes
Jan 1, 2028 · 4:59 AM UTC · may close early
expires
Jan 8, 2028 · 6:30 AM UTC
floor
1.25
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_time2028-01-01T04:59:00Z
created_time2026-07-29T16:59:29.448121Z
early_close_conditionThis market will close and expire early if the economic data is released.
Order book
Top of book, both sides expressed as YES prices.
Yes ask (no bid)SizeYes
ask9599¢
ask10598¢
spread2¢mid 97¢
bid15596¢
bid26495¢
bid30092¢
bid5170¢
bid6769¢
bid20068¢
bid1,52867¢
bid1,58166¢
Yes bid (no ask)SizeYes
event_ticker
KXFEDFUNDSYEAR-28JAN01
exchange_index0
expected_expiration_time2028-01-08T06:30:00Z
expiration_time2028-01-08T06:30:00Z
expiration_value
floor_strike1.25
last_price_dollars0.9600
latest_expiration_time2028-01-08T06:30:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.0400
no_bid_dollars0.0200
no_sub_titleAbove 1.25%
notional_value_dollars1.0000
occurrence_datetime2028-01-01T06:30:00Z
open_interest_fp731.02
open_time2026-07-29T18:00:00Z
previous_price_dollars0.9500
previous_yes_ask_dollars0.9800
previous_yes_bid_dollars0.9500
price_level_structurelinear_cent
price_ranges1
[0]3
end1.0000
start0.0000
step0.0100
result
rules_primaryIf the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2027, as published on the Federal Reserve’s official website, is above 1.25%, then the market resolves to Yes.
rules_secondaryIf the Federal Reserve specifies a single target rate rather than a target range, that target rate will be used.
settlement_timer_seconds1800
statusactive
strike_typegreater
tickerKXFEDFUNDSYEAR-28JAN01-T1.25
titleWill the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2027 be above 1.25%?