KXNASDAQ100Y-26JAN01H1000-B26250
Will the Nasdaq-100 be between 26000 and 26499.99 at the end of 2025?
26,000 to 26,499.99
$0.11

Market Snapshot

BidMidAskSpreadProb (Mid)
YES $0.07 $0.09 $0.11 4.0¢ 9.0%
NO $0.89 $0.91 $0.93 4.0¢ 91.0%
Overround (asks): 4.0% Underround (bids): 4.0% Notional: $1

Order Book (Top)

SideBest BidBid SizeBest AskAsk Size
YES $0.07 2000 $0.11 2426
NO $0.89 2426 $0.93 2000
MicropriceImbalanceDepth ±$0.05
$0.0881 -0.0962 2000
$0.9119 0.0962 2426

Fair Probability Band & Arb

Prob Band (0–1) 0.070 – 0.110
Band Width0.040

Edge & Time-Weighted Vig

YES Edge (ticks)-2.0
NO Edge (ticks)-2.0
Vig (bps/h)0

State Change & Momentum

MetricValue
ΔMid ($) -0.01
ΔSpread (¢) 2.0
ΔLast Trade ($) —
Micro Pull ($) -0.0019
Tightening (ΔSpread < 0) shown in green. Positive Micro Pull = buy-side pressure; negative = sell-side.

Timing

Opens2025-07-28 07:30 PM ET
Last Trade (Close)2025-12-31 04:00 PM ET (98d 22h 37m)
Expected Expiration2026-01-01 10:00 AM ET (99d 16h 37m)

Book & Activity

Liquidity90078529
24h Volume1069
Open Interest14492
OI Turnover (24h)0.07
Statusactive

Cost to Breach Targets (YES Book)

TargetCost ↑Cost ↓
0.05669.15969429.44
0.251480.11968618.48
0.502013.21968085.38
0.7514526.1958066.24
0.95214287.09834073.45
↑ uses asks to push up; ↓ uses bids to push down.

Rules

Primary
If the Nasdaq 100 index value on December 31, 2025 at 4pm EST is between 26000 and 26499.99, then the market resolves to Yes.
Secondary
The market will close on December 31, 2025. The market will expire at the sooner of the first release of the data, or one week after December 31, 2025. Pursuant to the Kalshi Rulebook, the Exchange has modified the Source Agency and Underlying for indices markets. See the rules for more information.

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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: 2025-09-23T22:22:51.055869

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