Verbatim from the venue. The analyst must quote these, never paraphrase.
If government spending (FGEXPND) is at least $1 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
Aug 14 · 2:30 PM UTC
closes
Mar 31, 2029 · 3:00 PM UTC · may close early
expires
Mar 31, 2029 · 3:00 PM UTC
floor
1
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
market43
can_close_earlytrue
close_time2029-03-31T15:00:00Z
created_time2026-08-14T14:09:53.305863Z
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
ask5099¢
ask17198¢
ask11997¢
ask50067¢
ask455¢
ask30454¢
ask20015¢
spread9¢mid 11¢
bid2056¢
bid392¢
bid571¢
Yes bid (no ask)SizeYes
event_ticker
KXGOVTCUTS-28
exchange_index0
expected_expiration_time2029-03-31T15:00:00Z
expiration_time2029-03-31T15:00:00Z
expiration_value
floor_strike1
last_price_dollars0.1500
latest_expiration_time2029-03-31T15:00:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.9400
no_bid_dollars0.8500
no_sub_titleAt least $1 billion
notional_value_dollars1.0000
occurrence_datetime2029-03-31T15:00:00Z
open_interest_fp1847.24
open_time2026-08-14T14:30:00Z
previous_price_dollars0.1500
previous_yes_ask_dollars0.1500
previous_yes_bid_dollars0.0600
price_level_structurelinear_cent
price_ranges1
[0]3
end1.0000
start0.0000
step0.0100
result
rules_primaryIf government spending (FGEXPND) is at least $1 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
subtitleAt least $1 billion
tickerKXGOVTCUTS-28-1
titleWill government spending decrease by 1 before 2028?