FED-25OCT-T4.75
Will the upper bound of the federal funds rate be above 4.75% following the Fed's Oct 29, 2025 meeting?
4.75%
$0.01

Market Snapshot

BidMidAskSpreadProb (Mid)
YES $0.0 $0.01 $0.01 1.0¢ 1.0%
NO $0.99 $0.99 $1.0 1.0¢ 99.01%
Overround (asks): 1.0% Underround (bids): 1.0% Notional: $1

Order Book (Top)

SideBest BidBid SizeBest AskAsk Size
YES $0.0 0 $0.01 5499
NO $0.99 5499 $1.0 0
MicropriceImbalanceDepth ±$0.05
$0.01 0.0 0
$0.99 0.0 17780

Fair Probability Band & Arb

Prob Band (0–1) 0.0000.010
Band Width0.010

Edge & Time-Weighted Vig

YES Edge (ticks)-0.0
NO Edge (ticks)-1.0
Vig (bps/h)0

State Change & Momentum

MetricValue
ΔMid ($)
ΔSpread (¢)
ΔLast Trade ($)
Micro Pull ($)
Tightening (ΔSpread < 0) shown in green. Positive Micro Pull = buy-side pressure; negative = sell-side.

Timing

Opens2024-08-21 10:00 AM ET
Last Trade (Close)2025-10-29 01:55 PM ET (37d 18h 46m)
Expected Expiration2025-10-29 02:05 PM ET (37d 18h 56m)
Early Close: nan

Book & Activity

Liquidity70383223
24h Volume0
Open Interest191
OI Turnover (24h)0.0
Statusactive

Cost to Breach Targets (YES Book)

TargetCost ↑Cost ↓
0.05107.23686684.84
0.252783.24684062.08
0.5013670.77673172.3
0.7526742.34660049.73
0.95123955.03594472.04
↑ uses asks to push up; ↓ uses bids to push down.

Rules

Primary
If the upper bound of the target federal funds rate published on the Federal Reserve's official website is greater than 4.75% following the Federal Reserve's Oct 29, 2025 meeting, then the market resolves to Yes.
Secondary
This market will expire the first 2:05 PM ET following the release of a Federal Reserve statement for their Oct 29, 2025 meeting or one week following the last day of that meeting.

Liquidity and Market Impact Overview

This shows the cumulative value at each price point based on current bids and asks for each side.

Yes 🔵 Market

No 🟡 Market

🤖 AI Market Insight

This summary is generated based on trade data and external information. It reflects where the market may be leaning based on large trader behavior and current price dynamics. For entertainment purposes only. This is not financial advice.

AI Summary:

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Last updated: 2025-09-21T23:08:34.297266

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