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 4.00%, 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
4
Recent trades
Most recent first. Price is the YES side.
Time
Yes
No
Size
Taker
3h ago
80¢
20¢
18
no
3h ago
79¢
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.
ask22185¢
ask36984¢
ask13282¢
ask11581¢
spread1¢mid 81¢
bid2080¢
bid9579¢
bid1,35678¢
bid67371¢
bid33370¢
bid268¢
bid763¢
bid862¢
Yes bid (no ask)SizeYes
21¢
12
no
3h ago
81¢
19¢
4
yes
3h ago
82¢
18¢
2.76
yes
3h ago
81¢
19¢
113
yes
3h ago
82¢
18¢
2
yes
3h ago
81¢
19¢
2
yes
8h ago
80¢
20¢
3.93
no
1d ago
80¢
20¢
2.46
yes
1d ago
80¢
20¢
2.46
yes
1d ago
81¢
19¢
19
yes
1d ago
80¢
20¢
11
yes
1d ago
79¢
21¢
11
no
1d ago
78¢
22¢
18
no
1d ago
81¢
19¢
2.43
yes
1d ago
80¢
20¢
11
no
1d ago
79¢
21¢
6.31
no
1d ago
80¢
20¢
1.02
no
1d ago
82¢
18¢
6.02
yes
2d ago
79¢
21¢
1.73
no
2d ago
79¢
21¢
1.91
no
2d ago
78¢
22¢
25
no
2d ago
79¢
21¢
3.81
no
2d ago
82¢
18¢
7.31
yes
2d ago
81¢
19¢
10
yes
event_ticker
KXFEDFUNDSYEAR-28JAN01
exchange_index0
expected_expiration_time2028-01-08T06:30:00Z
expiration_time2028-01-08T06:30:00Z
expiration_value
floor_strike4
last_price_dollars0.7900
latest_expiration_time2028-01-08T06:30:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.2000
no_bid_dollars0.1900
no_sub_titleAbove 4.00%
notional_value_dollars1.0000
occurrence_datetime2028-01-01T06:30:00Z
open_interest_fp3491.30
open_time2026-07-29T18:00:00Z
previous_price_dollars0.8000
previous_yes_ask_dollars0.8000
previous_yes_bid_dollars0.7900
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 4.00%, 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-T4.00
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 4.00%?