Fed funds rate at year end·closes in 125mo

Will the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2036 be above 4.75%?

YES means Above 4.75%

24h volume
0
330 lifetime
Open interest
179
+179 over 90d
Spread
46¢
200 × 1 at the touch
24h range
23 recent trades
Chance of YES
26%

A YES contract costs 61¢ and pays $1 if it happens.

NO
74%

costs 85¢

YES bid / ask
15¢ / 61¢
NO bid / ask
39¢ / 85¢
Recent buying72% YES · 28% 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.

25¢50¢volJul 30Sep 21

Order book

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

Yes ask (no bid)SizeYes
  • ask18.5k89¢
  • ask6,72484¢
  • ask1183¢
  • ask1,97579¢
  • ask25278¢
  • ask16363¢
  • ask10062¢
  • ask161¢
spread46¢mid 38¢
  • bid20015¢
  • bid31
  • bid51
  • bid3,285
  • bid43.9k
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, 2036, as published on the Federal Reserve’s official website, is above 4.75%, 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, 2037 · 4:59 AM UTC · may close early
settles by
Jan 8, 2037 · 6:30 AM UTC
floor
4.75
ticker
KXFEDFUNDSYEAR-37JAN01-T4.75
Trade it on kalshi.com

Other outcomes in this event

Outcomes in this event settle independently.

Recent trades

Over the last 23 trades, 72% of contracts were bought on the YES side.

WhenYESContractsSide
12d ago26¢2bought yes
14d ago37¢2bought no
14d ago37¢2bought no
15d ago39¢10bought no
22d ago45¢2bought no
22d ago44¢1bought no
27d ago40¢76bought yes
27d ago40¢24bought yes
27d ago39¢90bought yes
27d ago39¢10bought yes
27d ago41¢25bought no
27d ago41¢25bought no
27d ago41¢25bought no
2mo ago40¢12bought yes
2mo ago38¢2bought yes

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.