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← Explore · Kalshi · Market KXFEDFUNDSYEAR-35JAN01-T5.50

Will the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2034 be above 5.50%?

25.5% implied · bid 2.0¢ · ask 49.0¢

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A · Price & probability

The market prices this at 26.0%, up 5.0pt over 24h, on a 47.0¢ spread.

Implied probability26.0%
Bid / ask / mid2.0¢ / 49.0¢ / 25.5¢
Spread47.0¢ (184.3%)
Change 24h+5.00pt
Change 7d+4.50pt
Longshot tax-24% historically (20-35¢ bucket)

B · Liquidity & flow

Thin (score 0/100) — trade small; large orders will move the price. Order book leans 0% to the ask (sellers).

Volume 24h$0
Volume qualityPro
Depth ±5¢ (bid/ask)$0 / $0
Imbalance0% bid
Large trades (>$1k)0
Liquidity score0.0 / 100

C · Momentum & volatility

RSI 71 (overbought); price is above its 7-day mean by 1.7σ — a mild deviation.

Z-score vs 7d mean1.66
RSI (14, hourly)71.4
Realized vol 7d3.21pt
Change 1h+0.00pt

E · Time & structure

Resolves in 3002d 5h.

Time to resolve3002d 5h
Resolution sourcedocumented
Rules risklow (15)
Sum of outcomes100.0%

Price history

Probability timeline

Order-book depth

Cost to trade

Pro See what a live order would actually cost after walking the book, and the edge/EV/Kelly at that real price. Upgrade

Longshot tax — return by price bucket

This market's 20-35¢ bucket has returned -24% per $1, historically.

Other venues

Pro See the live Kalshi ↔ Polymarket gap, the after-fee combined cost of hedging both legs, and its history. Upgrade

How this settles

⚠ Single source
DeadlineRead at 11:59 PM ET on the expiration date.
Close → settlementExpected settlement is 169.5h after scheduled close.

Summary

If the upper bound of the target range for the federal funds rate in effect at 11:59 PM ET on December 31, 2034, as published on the Federal Reserve’s official website, is above 5.50%, then the market resolves to Yes.

Expanded rules

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