The Prediction Markets

When will Beam Therapeutics submit a BLA for Risto-cel?

Closes
Apr 1, 2027, in 5 months
Traded
$25K
Venues
Kalshi
Prices updated
5 min ago
Share

What the markets expect

before April 2027 69%

Next is before 2027 at 51%. 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 5 min ago. Ages are as of when this page was built.

  • Kalshi
before April 2027
69%
Kalshi 69%polled, 5 min agoBest Yes 76¢ on Kalshi, $100 pays $132 (1.32x)
Kalshi
Contract
before April 2027
Last price
69%
As of
Polled 5 min ago
Buy Yes
76¢
Sell Yes
69¢
$100 on Yes pays
$132 (1.32x)
Volume
$3K
Trade this on Kalshi
before 2027
51%
Kalshi 51%polled, 5 min agoBest Yes 52¢ on Kalshi, $100 pays $192 (1.92x)
Kalshi
Contract
before 2027
Last price
51%
As of
Polled 5 min ago
Buy Yes
52¢
Sell Yes
50¢
$100 on Yes pays
$192 (1.92x)
Volume
$447
Trade this on Kalshi
before December
29%
Kalshi 29%polled, 5 min agoBest Yes 35¢ on Kalshi, $100 pays $286 (2.86x)
Kalshi
Contract
before December
Last price
29%
As of
Polled 5 min ago
Buy Yes
35¢
Sell Yes
28¢
$100 on Yes pays
$286 (2.86x)
Volume
$2K
Trade this on Kalshi
before November
6%
Kalshi 6%polled, 5 min agoBest Yes 6¢ on Kalshi, $100 pays $1,667 (16.7x)
Kalshi
Contract
before November
Last price
6%
As of
Polled 5 min ago
Buy Yes
6¢
Sell Yes
2¢
$100 on Yes pays
$1,667 (16.7x)
Volume
$3K
Trade this on Kalshi

Who resolves this market

Kalshi
Kalshi resolves via:
Kalshi (CFTC-regulated exchange), source: Food and Drug Administration, Beam Therapeutics

How the odds have moved

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

  • before April 2027
  • before 2027
  • before December

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

About this market

Live prediction market odds for "When will Beam Therapeutics submit a BLA for Risto-cel?". before April 2027 leads at 69%. Next is before 2027 at 51%. $25K has traded across 4 outcomes on Kalshi. The market is expected to resolve by Apr 1, 2027.

Kalshi event status: open

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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