Friedrich Merz out as Chancellor?·closes in 16mo

Will Friedrich Merz leave Chancellor of Germany before Jan 1, 2028?

YES means Before Jan 1, 2028

24h volume
15
197 lifetime
Open interest
182
Spread
5 × 200 at the touch
24h range
5 recent trades
Chance of YES
69%9

A YES contract costs 77¢ and pays $1 if it happens.

NO
31%

costs 27¢

YES bid / ask
73¢ / 77¢
NO bid / ask
23¢ / 27¢
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.

Not enough history to chart.

Order book

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

Yes ask (no bid)SizeYes
  • ask2,25296¢
  • ask1,27795¢
  • ask17394¢
  • ask9093¢
  • ask24391¢
  • ask14890¢
  • ask20077¢
spreadmid 75¢
  • bid573¢
  • bid1069¢
  • bid20068¢
  • bid20734¢
  • bid29633¢
  • bid26031¢
  • bid10029¢
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 Jan 1, 2028, 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
Jan 1, 2028 · 4:59 AM UTC · may close early
settles by
Jan 8, 2029 · 3:00 PM UTC
ticker
KXLEAVEMERZ-29JAN01-28JAN01
Trade it on kalshi.com

This event

Outcomes in this event settle independently.

This is the only market in its event.

Recent trades

Over the last 5 trades, 100% of contracts were bought on the YES side.

WhenYESContractsSide
6h ago68¢5bought yes
6h ago69¢10bought yes
2d ago57¢100bought yes
2d ago78¢52bought yes
3d ago57¢30bought 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.