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← Explore · Kalshi · Market KXTRADEDEFICIT-32FEB02-T1200

Will the U.S. goods and services deficit for 2031 be above $1.2 trillion?

41.0% implied · bid 36.0¢ · ask 46.0¢

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A · Price & probability

The market prices this at 41.0%, up 0.0pt over 24h, on a 10.0¢ spread.

Implied probability41.0%
Bid / ask / mid36.0¢ / 46.0¢ / 41.0¢
Spread10.0¢ (24.4%)
Change 24h+0.00pt
Change 7d+0.00pt
Longshot tax-9% historically (35-50¢ bucket)

B · Liquidity & flow

Thin (score 0/100) — trade small; large orders will move the price. Order book leans 19% to the ask (sellers).

Volume 24h$0
Volume qualityPro
Depth ±5¢ (bid/ask)$0 / $92
Imbalance19% bid
Large trades (>$1k)0
Liquidity score0.0 / 100

C · Momentum & volatility

RSI 50 (neutral); price is below its 7-day mean by 0.6σ — normal range.

Z-score vs 7d mean-0.58
RSI (14, hourly)50.0
Realized vol 7d0.35pt
Change 1h+0.00pt

E · Time & structure

Resolves in 1938d 13h.

Time to resolve1938d 13h
Resolution sourcemanual-review
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 35-50¢ bucket has returned -9% 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
DeadlineNot published.
Close → settlementExpected settlement is 169.5h after scheduled close.

Summary

If the U.S. goods and services deficit for calendar year 2031 is strictly above $1.2 trillion dollars, then the market resolves to Yes.

Expanded rules

The Underlying is the nominal goods and services balance on a balance-of-payments basis. It will not use the goods-only deficit, the advance goods report, the December monthly deficit, or inflation-adjusted trade data. Because the agencies generally report the balance as a negative number, the market will use the absolute size of the deficit. For example, an annual trade balance of −$800.1 billion constitutes a trade deficit of $800.1 billion. Resolution will use the first annual estimate published in the release covering December of 2031. Subsequent annual revisions will not be considered.