The Prediction Markets

Strait of Hormuz traffic returns to normal by...?

Closes
Feb 1, 2027, in 3 months
Traded
$5K
Venues
Polymarket
Prices updated
3 h ago
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What the markets expect

December 31, 2027 63.5%

Next is June 30, 2027 at 41%. Only Polymarket 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 3 h ago. Ages are as of when this page was built.

  • Polymarket
December 31, 2027
63.5%
Polymarket 63.5%polled, 3 h agoBest Yes 64¢ on Polymarket, $100 pays $156 (1.56x)
Polymarket
Contract
December 31, 2027
Last price
63.5%
As of
Polled 3 h ago
Buy Yes
64¢
Sell Yes
63¢
$100 on Yes pays
$156 (1.56x)
Volume
$517
Trade this on Polymarket
June 30, 2027
41%
Polymarket 41%polled, 3 h agoBest Yes 42¢ on Polymarket, $100 pays $238 (2.38x)
Polymarket
Contract
June 30, 2027
Last price
41%
As of
Polled 3 h ago
Buy Yes
42¢
Sell Yes
40¢
$100 on Yes pays
$238 (2.38x)
Volume
$160
Trade this on Polymarket
March 31, 2027
24%
Polymarket 24%polled, 3 h agoBest Yes 25¢ on Polymarket, $100 pays $400 (4.00x)
Polymarket
Contract
March 31, 2027
Last price
24%
As of
Polled 3 h ago
Buy Yes
25¢
Sell Yes
23¢
$100 on Yes pays
$400 (4.00x)
Volume
$180
Trade this on Polymarket
January 31, 2027
10%
Polymarket 10%polled, 3 h agoBest Yes 11¢ on Polymarket, $100 pays $909 (9.09x)
Polymarket
Contract
January 31, 2027
Last price
10%
As of
Polled 3 h ago
Buy Yes
11¢
Sell Yes
9¢
$100 on Yes pays
$909 (9.09x)
Volume
$4K
Trade this on Polymarket

Who resolves this market

Polymarket
Polymarket resolves via:
UMA optimistic oracle, source: portwatch.imf.org

How the odds have moved

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

  • December 31, 2027
  • June 30, 2027
  • March 31, 2027

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

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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.

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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 (other / general rate). Fee calculator. Estimates only, not advice.

About this market

Live prediction market odds for "Strait of Hormuz traffic returns to normal by...?". December 31, 2027 leads at 63.5%. Next is June 30, 2027 at 41%. $5K has traded across 4 outcomes on Polymarket. The market is expected to resolve by Feb 1, 2027.

This market will resolve to “Yes” if the 7-day moving average of transit calls through the Strait of Hormuz for any single date from market creation to the specified date, according to IMF PortWatch, is at least 60. Otherwise, this market will resolve to “No”. IMF PortWatch typically publishes a rounded 7-day moving average in the chart on its chokepoint page and an unrounded figure in its downloadable files. The figure shown in the chart will be used for settlement. If the chart is unavailable, the downloadable figure, rounded to the nearest whole number, will be used. This market will resolve to “Yes” as soon as IMF PortWatch publishes a qualifying 7-day moving average, or to “No” once IMF PortWatch has published data for every date in the period with no qualifying 7-day moving average. Revisions made after that point will not be considered, unless subject to the data integrity clause below. If any data is still unpublished 14 calendar days after the period’s final date, this market will resolve on the most recent data published at that time. In the case that the Resolution Source publishes data, sufficient to settle a Market, that is clearly erroneous and the result of technical or operational error, or of unauthorized interference with the Resolution Source or its data, the Market may remain open for a period of up to seven (7) calendar days (ET) from the time of the original release, in anticipation of a correction by the Resolution Source. If the Resolution Source publishes a corrected value within that period, that value will be eligible for resolution. If no corrected value is published within that period, Polymarket will issue a Clarification to determine whether the originally published value may be eligible for resolution, or whether other action is required to preserve the orderly functioning of the Market. The resolution source for this market will be IMF PortWatch, specifically the Transit Calls data published for the Strait of Hormuz at https://portwatch.imf.org/pages/cb5856222a5b4105adc6ee7e880a1730.

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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