Verbatim from the venue. The analyst must quote these, never paraphrase.
If government spending (FGEXPND) is at least $250 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
250
Recent trades
Most recent first. Price is the YES side.
Time
Yes
No
Size
Taker
10d ago
1¢
99¢
5.05
no
10d ago
1¢
99¢
Raw payload
Exactly what the API returned for this market.
Show JSON
market41
can_close_earlytrue
close_time2029-03-31T15:00:00Z
created_time2024-11-13T18:37:37.700353Z
early_close_conditionThis market will close early if the event occurs.
ask
1,185
24¢
ask20012¢
ask568¢
ask57¢
spread4¢mid 5¢
bid2003¢
bid5501¢
bid1,9951¢
bid7061¢
bid2380¢
bid1,0040¢
Yes bid (no ask)SizeYes
2.32
no
10d ago
6¢
94¢
1
no
10d ago
5¢
95¢
1
no
10d ago
7¢
93¢
1
no
10d ago
5¢
95¢
1
no
10d ago
6¢
94¢
1
no
10d ago
4¢
96¢
1
no
10d ago
2¢
98¢
1
no
10d ago
3¢
97¢
1
no
13d ago
7¢
93¢
1
no
15d ago
8¢
92¢
12
yes
15d ago
8¢
92¢
12
yes
17d ago
8¢
92¢
20
yes
17d ago
8¢
93¢
48
yes
19d ago
7¢
93¢
1
no
19d ago
8¢
93¢
2
yes
21d ago
12¢
88¢
1
no
21d ago
13¢
87¢
1
no
21d ago
14¢
86¢
1
no
21d ago
15¢
85¢
1
no
21d ago
12¢
88¢
1
no
21d ago
13¢
87¢
1
no
21d ago
14¢
86¢
1
no
21d ago
15¢
85¢
1
no
event_ticker
KXGOVTCUTS-28
exchange_index0
expected_expiration_time2029-03-31T15:00:00Z
expiration_time2029-03-31T15:00:00Z
expiration_value
floor_strike250
last_price_dollars0.0120
latest_expiration_time2029-03-31T15:00:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.9690
no_bid_dollars0.9250
no_sub_titleAt least 250 billion
notional_value_dollars1.0000
open_interest_fp22485.49
open_time2024-11-13T19:00:00Z
previous_price_dollars0.0120
previous_yes_ask_dollars0.0750
previous_yes_bid_dollars0.0310
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 $250 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-28-250
titleWill government spending decrease by $250 billion before 2028?