Verbatim from the venue. The analyst must quote these, never paraphrase.
If government spending (FGEXPND) is at least $500 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
500
Recent trades
Most recent first. Price is the YES side.
Time
Yes
No
Size
Taker
2d ago
7¢
93¢
34
yes
8d ago
7¢
93¢
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.
ask1514¢
ask2009¢
ask47¢
ask617¢
spread1¢mid 7¢
bid16¢
bid15¢
bid14¢
bid13¢
bid12¢
bid1502¢
bid1402¢
bid2011¢
Yes bid (no ask)SizeYes
50
yes
10d ago
4¢
96¢
1
no
10d ago
3¢
97¢
1
no
10d ago
2¢
98¢
1
no
10d ago
5¢
95¢
1
no
10d ago
6¢
94¢
0.82
no
10d ago
2¢
98¢
0.32
no
10d ago
7¢
93¢
3.18
yes
10d ago
6¢
94¢
3
no
10d ago
6¢
94¢
0.18
no
17d ago
7¢
93¢
64
yes
17d ago
7¢
93¢
84
yes
18d ago
6¢
94¢
1
no
19d ago
7¢
93¢
2
yes
1mo ago
6¢
94¢
2
yes
1mo ago
6¢
94¢
2
yes
1mo ago
6¢
94¢
3
yes
1mo ago
5¢
95¢
1
yes
1mo ago
5¢
95¢
2
yes
2mo ago
3¢
97¢
3
yes
2mo ago
3¢
97¢
1
no
2mo ago
3¢
97¢
1
no
2mo ago
4¢
96¢
50
yes
2mo ago
3¢
97¢
1
no
event_ticker
KXGOVTCUTS-28
exchange_index0
expected_expiration_time2029-03-31T15:00:00Z
expiration_time2029-03-31T15:00:00Z
expiration_value
floor_strike500
last_price_dollars0.0700
latest_expiration_time2029-03-31T15:00:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.9390
no_bid_dollars0.9300
no_sub_titleAt least 500 billion
notional_value_dollars1.0000
open_interest_fp2481.55
open_time2024-11-13T19:00:00Z
previous_price_dollars0.0700
previous_yes_ask_dollars0.0700
previous_yes_bid_dollars0.0610
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 $500 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-28-500
titleWill government spending decrease by $500 billion before 2028?