Next Defense Sec·closes in 28mo

Who will be Trump's next Secretary of Defense?

YES means Steve Feinberg

24h volume
0
899 lifetime
Open interest
842
+0 over 7d
Spread
250 × 1,903 at the touch
24h range
2 recent trades
Chance of YES
8%

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

NO
92%

costs 99¢

YES bid / ask
/
NO bid / ask
92¢ / 99¢
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.

0¢25¢50¢75¢volSep 14Sep 21

Order book

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

Yes ask (no bid)SizeYes
  • ask2,24584¢
  • ask4183¢
  • ask23572¢
  • ask1,47956¢
  • ask1355¢
  • ask44253¢
  • ask1,45352¢
  • ask1,903
spreadmid
  • bid250
  • bid5
  • bid210
  • bid1,000
Yes bid (no ask)SizeYes

How this market resolves

Verbatim from Kalshi. Read this before the price.

If the next new Secretary of Defense before Jan 20, 2029 is Steve Feinberg, then the market resolves to Yes.

Acting and Interim positions don't count.

opened
Apr 1, 2025 · 2:00 PM UTC
closes
Jan 20, 2029 · 3:00 PM UTC · may close early
settles by
Jan 20, 2029 · 3:00 PM UTC
ticker
KXNEXTDEF-29-SFEI
Trade it on kalshi.com

Other outcomes in this event

Mutually exclusive: YES prices should add to about $1.00 (they add to 106¢).

Recent trades

Over the last 2 trades, 50% of contracts were bought on the YES side.

WhenYESContractsSide
1mo ago3bought yes
1mo ago3bought 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.