Verbatim from the venue. The analyst must quote these, never paraphrase.
If government spending (FGEXPND) is at least $1000 billion below the Q4 2024 level in any quarter through Q4 2028, then the market resolves to Yes.
Each quarter from Q1 2025 to Q4 2028 is compared against Q4 2024.
opens
Nov 13, 2024 · 7:00 PM UTC
closes
Mar 31, 2029 · 3:00 PM UTC · may close early
expires
Mar 31, 2029 · 3:00 PM UTC
floor
1000
Recent trades
Most recent first. Price is the YES side.
Time
Yes
No
Size
Taker
1mo ago
5¢
95¢
1
yes
1mo ago
3¢
97¢
Raw payload
Exactly what the API returned for this market.
Show JSON
market41
can_close_earlytrue
close_time2029-03-31T15:00:00Z
created_time2024-11-13T18:37:37.700354Z
early_close_conditionThis market will close early if the event occurs.
Order book
Top of book, both sides expressed as YES prices.
Yes ask (no bid)SizeYes
ask5577¢
ask15569¢
ask20054¢
ask62051¢
ask9030¢
ask37¢
ask1507¢
ask2006¢
spread5¢mid 4¢
bid221¢
bid3501¢
bid5001¢
bid2,0000¢
bid2,7220¢
bid21.0k0¢
Yes bid (no ask)SizeYes
3
yes
1mo ago
1¢
99¢
3
no
2mo ago
3¢
97¢
100
no
2mo ago
1¢
99¢
35
no
2mo ago
11¢
89¢
10
yes
event_ticker
KXGOVTCUTS-28
exchange_index0
expected_expiration_time2029-03-31T15:00:00Z
expiration_time2029-03-31T15:00:00Z
expiration_value
floor_strike1000
last_price_dollars0.0480
latest_expiration_time2029-03-31T15:00:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.9900
no_bid_dollars0.9350
no_sub_titleAt least 1 trillion
notional_value_dollars1.0000
open_interest_fp3543.00
open_time2024-11-13T19:00:00Z
previous_price_dollars0.0480
previous_yes_ask_dollars0.0490
previous_yes_bid_dollars0.0100
price_level_structuretapered_deci_cent
price_ranges3
[0]3
end0.1000
start0.0000
step0.0010
[1]3
end0.9000
start0.1000
step0.0100
[2]3
end1.0000
start0.9000
step0.0010
result
rules_primaryIf government spending (FGEXPND) is at least $1000 billion below the Q4 2024 level in any quarter through Q4 2028, then the market resolves to Yes.
rules_secondaryEach quarter from Q1 2025 to Q4 2028 is compared against Q4 2024.
settlement_timer_seconds1800
statusactive
strike_typegreater
tickerKXGOVTCUTS-28-1000
titleWill government spending decrease by $1000 billion before 2028?