KXFEDCHAIRNOM-29-SMIR
Will Trump next nominate Stephen Miran as Fed Chair?
$0.16

Market Snapshot

BidMidAskSpreadProb (Mid)
YES $0.15 $0.15 $0.16 1.0¢ 15.5%
NO $0.84 $0.84 $0.85 1.0¢ 84.5%
Overround (asks): 1.0% Underround (bids): 1.0% Notional: $1

Order Book (Top)

SideBest BidBid SizeBest AskAsk Size
YES $0.15 2159 $0.16 50
NO $0.84 50 $0.85 2159
MicropriceImbalanceDepth ±$0.05
$0.1598 0.9547 3155
$0.8402 -0.9547 8128

Fair Probability Band & Arb

Prob Band (0–1) 0.1500.160
Band Width0.010

Edge & Time-Weighted Vig

YES Edge (ticks)-0.5
NO Edge (ticks)-0.5
Vig (bps/h)0

State Change & Momentum

MetricValue
ΔMid ($) -0.01
ΔSpread (¢) -1.0
ΔLast Trade ($)
Micro Pull ($) 0.0098
Tightening (ΔSpread < 0) shown in green. Positive Micro Pull = buy-side pressure; negative = sell-side.

Timing

Opens2025-08-11 02:30 PM ET
Last Trade (Close)2029-01-20 10:00 AM ET (1216d 20h 4m)
Expected Expiration2029-01-20 10:00 AM ET (1216d 20h 4m)
Early Close: This market will close and expire early following the next person fomrally nominated by the President to be Fed Chair.

Book & Activity

Liquidity4458023
24h Volume1838
Open Interest166766
OI Turnover (24h)0.01
Statusactive

Cost to Breach Targets (YES Book)

TargetCost ↑Cost ↓
0.05154.0426693.35
0.252972.5623874.83
0.505840.8121006.58
0.7519213.997633.4
0.9522293.994553.4
↑ uses asks to push up; ↓ uses bids to push down.

Rules

Primary
If Stephen Miran is the first person formally nominated by the President to Fed Chair before Jan 20, 2029, then the market resolves to Yes.

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: 2025-09-21T18:55:04.588678

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