Fed funds rate at year end·closes in 64mo

Will the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2031 be above 3.25%?

YES means Above 3.25%

24h volume
0
101 lifetime
Open interest
48
+0 over 24h
Spread
21¢
40 × 3 at the touch
24h range
20 recent trades
Chance of YES
52%

A YES contract costs 71¢ and pays $1 if it happens.

NO
48%

costs 50¢

YES bid / ask
50¢ / 71¢
NO bid / ask
29¢ / 50¢
Recent buying50% YES · 50% NO
What Galdor thinks

An independent read of this market

1Reads the rules literallySettlement source, close time, and the edge cases that flip an outcome.
2Checks the tape and the webOrder book, flow, price history, then targeted searches with sources.
3Gives a straight answerA probability with a band, and one of four calls: YES, NO, wait, or stay out.

Generated by an AI analyst from live exchange data and public web sources. Research and analytics, not investment advice. Markets can move after this was written.

Price history

YES price per candle with the bid/ask band, volume underneath. Times in UTC.

50¢60¢70¢volSep 20, 12:58 AMSep 21, 12:51 AM

Order book

Resting orders, both sides shown as YES prices. Bars are size.

Yes ask (no bid)SizeYes
  • ask100.8k99¢
  • ask10.9k97¢
  • ask87396¢
  • ask3,07295¢
  • ask24890¢
  • ask20073¢
  • ask10072¢
  • ask371¢
spread21¢mid 61¢
  • bid4050¢
  • bid249¢
  • bid9826¢
  • bid15525¢
  • bid5817¢
  • bid3616¢
  • bid2,53615¢
  • bid7,46811¢
Yes bid (no ask)SizeYes

How this market resolves

Verbatim from Kalshi. Read this before the price.

If the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2031, as published on the Federal Reserve’s official website, is above 3.25%, then the market resolves to Yes.

If the Federal Reserve specifies a single target rate rather than a target range, that target rate will be used.

opened
Jul 29 · 6:00 PM UTC
closes
Jan 1, 2032 · 4:59 AM UTC · may close early
settles by
Jan 8, 2032 · 6:30 AM UTC
floor
3.25
ticker
KXFEDFUNDSYEAR-32JAN01-T3.25
Trade it on kalshi.com

Other outcomes in this event

Outcomes in this event settle independently.

Recent trades

Over the last 20 trades, 50% of contracts were bought on the YES side.

WhenYESContractsSide
22d ago52¢5bought no
22d ago56¢3bought no
1mo ago50¢1bought yes
1mo ago50¢1bought yes
2mo ago49¢28bought no
2mo ago48¢15bought yes
2mo ago48¢12bought yes
2mo ago48¢5bought yes
2mo ago48¢8bought yes
2mo ago48¢4bought yes
2mo ago47¢2bought no
2mo ago60¢2bought no
2mo ago60¢2bought no
2mo ago60¢2bought no
2mo ago60¢2bought no

Prices are YES cost in cents and approximate the market’s implied probability. Data is read live from the Kalshi Trade API on every page load. galdor.xyz places no orders and holds no positions. Research and analytics, not investment advice.