Verbatim from the venue. The analyst must quote these, never paraphrase.
If government spending (FGEXPND) is at least $200 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
Jul 22 · 3:00 PM UTC
closes
Mar 31, 2029 · 3:00 PM UTC · may close early
expires
Mar 31, 2029 · 3:00 PM UTC
floor
200
Recent trades
Most recent first. Price is the YES side.
Time
Yes
No
Size
Taker
10d ago
1¢
99¢
2
no
10d ago
1¢
99¢
Raw payload
Exactly what the API returned for this market.
Show JSON
market43
can_close_earlytrue
close_time2029-03-31T15:00:00Z
created_time2026-07-22T13:52:16.530216Z
early_close_conditionThis market will close early if the event occurs.
1
no
10d ago
1¢
99¢
1
no
10d ago
1¢
99¢
1
no
10d ago
1¢
99¢
3
no
14d ago
11¢
89¢
8.55
yes
14d ago
11¢
89¢
2.56
yes
15d ago
28¢
72¢
2.17
yes
15d ago
11¢
89¢
3
yes
17d ago
11¢
89¢
1
no
17d ago
11¢
89¢
1
no
20d ago
11¢
89¢
4
no
20d ago
10¢
90¢
1
no
21d ago
10¢
90¢
1
yes
21d ago
10¢
90¢
1
yes
21d ago
10¢
90¢
1
yes
21d ago
9¢
91¢
1
yes
21d ago
11¢
89¢
1
no
22d ago
7¢
93¢
5
yes
22d ago
7¢
93¢
1
yes
22d ago
7¢
93¢
2
yes
22d ago
7¢
93¢
20
yes
23d ago
6¢
94¢
3
yes
23d ago
6¢
94¢
3
yes
24d ago
6¢
94¢
2
yes
event_ticker
KXGOVTCUTS-28
exchange_index0
expected_expiration_time2029-03-31T15:00:00Z
expiration_time2029-03-31T15:00:00Z
expiration_value
floor_strike200
last_price_dollars0.0100
latest_expiration_time2029-03-31T15:00:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.9300
no_bid_dollars0.8700
no_sub_titleAt least 200 billion
notional_value_dollars1.0000
occurrence_datetime2029-03-31T15:00:00Z
open_interest_fp516.33
open_time2026-07-22T15:00:00Z
previous_price_dollars0.0100
previous_yes_ask_dollars0.1300
previous_yes_bid_dollars0.0700
price_level_structurelinear_cent
price_ranges1
[0]3
end1.0000
start0.0000
step0.0100
result
rules_primaryIf government spending (FGEXPND) is at least $200 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 $200 billion
tickerKXGOVTCUTS-28-200
titleWill government spending decrease by $200 billion before 2028?