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, 2036, as published on the Federal Reserve’s official website, is above 5.50%, 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, 2037 · 4:59 AM UTC · may close early
expires
Jan 8, 2037 · 6:30 AM UTC
floor
5.5
Recent trades
Most recent first. Price is the YES side.
Time
Yes
No
Size
Taker
24d ago
23¢
77¢
5
yes
26d ago
25¢
Raw payload
Exactly what the API returned for this market.
Show JSON
market42
can_close_earlytrue
close_time2037-01-01T04:59:00Z
created_time2026-07-29T17:54:27.064817Z
early_close_conditionThis market will close and expire early if the economic data is released.
ask5365¢
ask20056¢
ask255¢
ask2654¢
spread47¢mid 31¢
bid57¢
bid2006¢
Yes bid (no ask)SizeYes
75¢
44
no
26d ago
25¢
75¢
25
no
1mo ago
31¢
69¢
2
yes
1mo ago
31¢
69¢
31
yes
1mo ago
30¢
70¢
33
no
2mo ago
30¢
70¢
1
no
2mo ago
30¢
70¢
1
no
2mo ago
30¢
70¢
2
no
2mo ago
30¢
70¢
1
no
2mo ago
22¢
78¢
1
no
2mo ago
24¢
76¢
2
no
2mo ago
24¢
76¢
1
no
2mo ago
21¢
79¢
2
yes
2mo ago
25¢
75¢
0.01
no
event_ticker
KXFEDFUNDSYEAR-37JAN01
exchange_index0
expected_expiration_time2037-01-08T06:30:00Z
expiration_time2037-01-08T06:30:00Z
expiration_value
floor_strike5.5
last_price_dollars0.2300
latest_expiration_time2037-01-08T06:30:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.9300
no_bid_dollars0.4600
no_sub_titleAbove 5.50%
notional_value_dollars1.0000
occurrence_datetime2037-01-01T06:30:00Z
open_interest_fp79.01
open_time2026-07-29T18:00:00Z
previous_price_dollars0.2300
previous_yes_ask_dollars0.5400
previous_yes_bid_dollars0.0700
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, 2036, as published on the Federal Reserve’s official website, is above 5.50%, 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-37JAN01-T5.50
titleWill the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2036 be above 5.50%?