Friedrich Merz out as Chancellor?·closes in 6mo

Will Friedrich Merz leave Chancellor of Germany before Apr 1, 2027?

YES means Before Apr 1, 2027

24h volume
0
155 lifetime
Open interest
155
+155 over 7d
Spread
5 × 200 at the touch
24h range
4 recent trades
Chance of YES
51%

A YES contract costs 45¢ and pays $1 if it happens.

NO
49%

costs 57¢

YES bid / ask
43¢ / 45¢
NO bid / ask
55¢ / 57¢
Recent buying100% YES · 0% 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¢75¢volSep 18, 4:00 PMSep 21, 1:00 AM

Order book

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

Yes ask (no bid)SizeYes
  • ask1,83786¢
  • ask88484¢
  • ask20083¢
  • ask56077¢
  • ask8675¢
  • ask30067¢
  • ask8466¢
  • ask20045¢
spreadmid 44¢
  • bid543¢
  • bid1037¢
  • bid25536¢
  • bid10028¢
  • bid13522¢
  • bid20021¢
  • bid83620¢
  • bid13019¢
Yes bid (no ask)SizeYes

How this market resolves

Verbatim from Kalshi. Read this before the price.

If Friedrich Merz has either officially announced their intention to leave as Chancellor of Germany or has actually left as Chancellor of Germany before Apr 1, 2027, then the market resolves to Yes.

An "official announcement" means a statement by the person themselves, their authorized representative, or the official body governing the office that the person will be departing from the office. Such announcements must be reported by at least one Source Agency to be considered official. The announcement must not specify they are leaving in more than a year from the statement, in which case the market does not resolve to Yes. "Leaving office" means the person no longer holds the office in any capacity, including but not limited to: resignation (effective), termination, removal, impeachment and removal, recall, or the expiration of their term without renewal. Temporary absences such as medical leave, suspension with possibility of return, or delegation of duties while retaining the office do NOT constitute leaving office. Death does NOT satisfy the Payout Criterion for this Contract. Forced departures (termination, impeachment and removal, etc.) satisfy the Payout Criterion even without a prior announcement.

opened
Sep 17 · 4:00 AM UTC
closes
Apr 1, 2027 · 3:59 AM UTC · may close early
settles by
Jan 8, 2029 · 3:00 PM UTC
ticker
KXLEAVEMERZ-29JAN01-27APR01
Trade it on kalshi.com

Other outcomes in this event

Outcomes in this event settle independently.

Recent trades

Over the last 4 trades, 100% of contracts were bought on the YES side.

WhenYESContractsSide
2d ago51¢55bought yes
2d ago33¢61bought yes
2d ago33¢29bought yes
2d ago33¢10bought 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.