The Prediction Markets

Fed funds rate at end of 2034

Closes
Jan 1, 2035, in 100 months
Traded
$2K
Venues
Kalshi
Prices updated
1 min ago
Share

What the markets expect

Above 1.25% 87%

Next is Above 1.00% at 79%. Only Kalshi lists this market, so there is no second price to compare.

Odds by venue

Consensus blends each venue’s last price, weighted by how much has traded there. Best Yes price is the cheapest ask across venues, and the payout is what a winning $100 stake returns before fees. Open a row for each venue’s contract name, bid and ask, and how closely their rules match.

Prices come from our regular polls of each venue, the oldest 1 min ago. Ages are as of when this page was built.

  • Kalshi
Above 1.25%
87%
Kalshi 87%polled, 1 min agoBest Yes 87¢ on Kalshi, $100 pays $115 (1.15x)
Kalshi
Contract
Above 1.25%
Last price
87%
As of
Polled 1 min ago
Buy Yes
87¢
Sell Yes
64¢
$100 on Yes pays
$115 (1.15x)
Volume
$419
Trade this on Kalshi
Above 1.00%
79%
Kalshi 79%polled, 1 min agoBest Yes 90¢ on Kalshi, $100 pays $111 (1.11x)
Kalshi
Contract
Above 1.00%
Last price
79%
As of
Polled 1 min ago
Buy Yes
90¢
Sell Yes
45¢
$100 on Yes pays
$111 (1.11x)
Volume
$229
Trade this on Kalshi
Above 2.00%
67%
Kalshi 67%polled, 1 min agoBest Yes 83¢ on Kalshi, $100 pays $120 (1.20x)
Kalshi
Contract
Above 2.00%
Last price
67%
As of
Polled 1 min ago
Buy Yes
83¢
Sell Yes
34¢
$100 on Yes pays
$120 (1.20x)
Volume
$17
Trade this on Kalshi
Above 2.50%
64%
Kalshi 64%polled, 1 min agoBest Yes 82¢ on Kalshi, $100 pays $122 (1.22x)
Kalshi
Contract
Above 2.50%
Last price
64%
As of
Polled 1 min ago
Buy Yes
82¢
Sell Yes
34¢
$100 on Yes pays
$122 (1.22x)
Volume
$110
Trade this on Kalshi
Above 1.75%
62%
Kalshi 62%polled, 1 min agoBest Yes 79¢ on Kalshi, $100 pays $127 (1.27x)
Kalshi
Contract
Above 1.75%
Last price
62%
As of
Polled 1 min ago
Buy Yes
79¢
Sell Yes
60¢
$100 on Yes pays
$127 (1.27x)
Volume
$254
Trade this on Kalshi
Above 2.25%
62%
Kalshi 62%polled, 1 min agoBest Yes 83¢ on Kalshi, $100 pays $120 (1.20x)
Kalshi
Contract
Above 2.25%
Last price
62%
As of
Polled 1 min ago
Buy Yes
83¢
Sell Yes
36¢
$100 on Yes pays
$120 (1.20x)
Volume
$24
Trade this on Kalshi
Above 1.50%
58%
Kalshi 58%polled, 1 min agoBest Yes 89¢ on Kalshi, $100 pays $112 (1.12x)
Kalshi
Contract
Above 1.50%
Last price
58%
As of
Polled 1 min ago
Buy Yes
89¢
Sell Yes
41¢
$100 on Yes pays
$112 (1.12x)
Volume
$133
Trade this on Kalshi
Above 3.00%
55%
Kalshi 55%polled, 1 min agoBest Yes 74¢ on Kalshi, $100 pays $135 (1.35x)
Kalshi
Contract
Above 3.00%
Last price
55%
As of
Polled 1 min ago
Buy Yes
74¢
Sell Yes
24¢
$100 on Yes pays
$135 (1.35x)
Volume
$2
Trade this on Kalshi
Above 3.25%
48%
Kalshi 48%polled, 1 min agoBest Yes 67¢ on Kalshi, $100 pays $149 (1.49x)
Kalshi
Contract
Above 3.25%
Last price
48%
As of
Polled 1 min ago
Buy Yes
67¢
Sell Yes
21¢
$100 on Yes pays
$149 (1.49x)
Volume
$12
Trade this on Kalshi
Above 3.50%
48%
Kalshi 48%polled, 1 min agoBest Yes 68¢ on Kalshi, $100 pays $147 (1.47x)
Kalshi
Contract
Above 3.50%
Last price
48%
As of
Polled 1 min ago
Buy Yes
68¢
Sell Yes
18¢
$100 on Yes pays
$147 (1.47x)
Volume
$2
Trade this on Kalshi
Show 11 more outcomes
Above 3.75%
44%
Kalshi 44%polled, 1 min agoBest Yes 68¢ on Kalshi, $100 pays $147 (1.47x)
Kalshi
Contract
Above 3.75%
Last price
44%
As of
Polled 1 min ago
Buy Yes
68¢
Sell Yes
18¢
$100 on Yes pays
$147 (1.47x)
Volume
$2
Trade this on Kalshi
Above 4.50%
41%
Kalshi 41%polled, 1 min agoBest Yes 60¢ on Kalshi, $100 pays $167 (1.67x)
Kalshi
Contract
Above 4.50%
Last price
41%
As of
Polled 1 min ago
Buy Yes
60¢
Sell Yes
10¢
$100 on Yes pays
$167 (1.67x)
Volume
$150
Trade this on Kalshi
Above 4.75%
33%
Kalshi 33%polled, 1 min agoBest Yes 58¢ on Kalshi, $100 pays $172 (1.72x)
Kalshi
Contract
Above 4.75%
Last price
33%
As of
Polled 1 min ago
Buy Yes
58¢
Sell Yes
8¢
$100 on Yes pays
$172 (1.72x)
Volume
$38
Trade this on Kalshi
Above 5.00%
32%
Kalshi 32%polled, 1 min agoBest Yes 55¢ on Kalshi, $100 pays $182 (1.82x)
Kalshi
Contract
Above 5.00%
Last price
32%
As of
Polled 1 min ago
Buy Yes
55¢
Sell Yes
6¢
$100 on Yes pays
$182 (1.82x)
Volume
$130
Trade this on Kalshi
Above 4.00%
31%
Kalshi 31%polled, 1 min agoBest Yes 62¢ on Kalshi, $100 pays $161 (1.61x)
Kalshi
Contract
Above 4.00%
Last price
31%
As of
Polled 1 min ago
Buy Yes
62¢
Sell Yes
12¢
$100 on Yes pays
$161 (1.61x)
Volume
$2
Trade this on Kalshi
Above 4.25%
30%
Kalshi 30%polled, 1 min agoBest Yes 62¢ on Kalshi, $100 pays $161 (1.61x)
Kalshi
Contract
Above 4.25%
Last price
30%
As of
Polled 1 min ago
Buy Yes
62¢
Sell Yes
12¢
$100 on Yes pays
$161 (1.61x)
Volume
$3
Trade this on Kalshi
Above 5.25%
30%
Kalshi 30%polled, 1 min agoBest Yes 56¢ on Kalshi, $100 pays $179 (1.79x)
Kalshi
Contract
Above 5.25%
Last price
30%
As of
Polled 1 min ago
Buy Yes
56¢
Sell Yes
6¢
$100 on Yes pays
$179 (1.79x)
Volume
$136
Trade this on Kalshi
Above 2.75%
29%
Kalshi 29%polled, 1 min agoBest Yes 54¢ on Kalshi, $100 pays $185 (1.85x)
Kalshi
Contract
Above 2.75%
Last price
29%
As of
Polled 1 min ago
Buy Yes
54¢
Sell Yes
29¢
$100 on Yes pays
$185 (1.85x)
Volume
$71
Trade this on Kalshi
Above 5.50%
26%
Kalshi 26%polled, 1 min agoBest Yes 47¢ on Kalshi, $100 pays $213 (2.13x)
Kalshi
Contract
Above 5.50%
Last price
26%
As of
Polled 1 min ago
Buy Yes
47¢
Sell Yes
—
$100 on Yes pays
$213 (2.13x)
Volume
$176
Trade this on Kalshi
Above 5.75%
24%
Kalshi 24%polled, 1 min agoBest Yes 49¢ on Kalshi, $100 pays $204 (2.04x)
Kalshi
Contract
Above 5.75%
Last price
24%
As of
Polled 1 min ago
Buy Yes
49¢
Sell Yes
—
$100 on Yes pays
$204 (2.04x)
Volume
$160
Trade this on Kalshi
Above 6.00%
6%
Kalshi 6%polled, 1 min agoBest Yes 21¢ on Kalshi, $100 pays $476 (4.76x)
Kalshi
Contract
Above 6.00%
Last price
6%
As of
Polled 1 min ago
Buy Yes
21¢
Sell Yes
—
$100 on Yes pays
$476 (4.76x)
Volume
$96
Trade this on Kalshi

Who resolves this market

Kalshi
Kalshi resolves via:
Kalshi (CFTC-regulated exchange), source: Federal Reserve Board of Governors

How the odds have moved

The top 3 outcomes on both venues, with the consensus between them. Hover for exact values.

  • Above 1.25%
  • Above 1.00%
  • Above 2.00%

Order books

Each venue’s resting orders for the selected outcome’s Yes contract, side by side. Top of book streams live; depth refreshes every 15 seconds.

Top of book

Connecting
Best bid
—
Spread
—
Best ask
—

Waiting for the first live quote…

Depth · top 8 levels

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Recent trades

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What your stake buys

Enter a stake to see where it buys the most after fees, using each venue’s live order book.

$
Buy

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Buys at the asks resting now (taker orders), cheapest after fees first, from order-book snapshots up to 15 seconds old. Fees: Kalshi 0.07 × price × (1 − price) per share, rounded up to the cent; Polymarket 0.05 × price × (1 − price) per share (economics rate). Fee calculator. Estimates only, not advice.

About this market

Live prediction market odds for "Fed funds rate at end of 2034". Above 1.25% leads at 87%. Next is Above 1.00% at 79%. $2K has traded across 21 outcomes on Kalshi. The market is expected to resolve by Jan 1, 2035.

Questions

What does the consensus price mean?

It is the price of a Yes contract that pays $1 if the outcome happens. A 14¢ price means traders put the chance near 14%. Where two venues list the same outcome, we blend their last prices, weighting the venue with more trading volume more heavily (neither counts for less than a quarter). When only one outcome can win, each venue’s prices add up to a little over 100% (its margin); the fair chance removes that margin so the outcomes add up to exactly 100%.

How is the payout worked out?

A Yes contract pays $1 if it wins, so at the best ask a $100 stake buys 100 ÷ ask contracts. At 18¢ that is about 555 contracts, paying $556 (5.56x) if Yes happens. Venue fees and price slippage on larger orders are not included.

Why do the venues show different prices?

Each venue has its own traders, fees and order book. Contracts can also settle on slightly different terms, which is why each row lists how closely the rules match.

Is a price gap an arbitrage?

Only when you can buy Yes on one venue below what someone pays for Yes on the other, after fees, and both contracts settle the same way. We show the executable bid and ask so you can check.

How fresh are these prices?

Venue prices refresh every few minutes, and the order book and live quotes stream continuously. Each venue’s card shows when we last observed it.

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