The Prediction Markets

When will the FY2027 NDAA become law?

Closes
Feb 1, 2027, in 3 months
Traded
$8K
Venues
Kalshi
Prices updated
2 min ago
Share

What the markets expect

Before Feb 1, 2027 87%

Next is Before Jan 1, 2027 at 82%. 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 2 min ago. Ages are as of when this page was built.

  • Kalshi
Before Feb 1, 2027
87%
Kalshi 87%polled, 2 min agoBest Yes 87¢ on Kalshi, $100 pays $115 (1.15x)
Kalshi
Contract
Before Feb 1, 2027
Last price
87%
As of
Polled 2 min ago
Buy Yes
87¢
Sell Yes
79¢
$100 on Yes pays
$115 (1.15x)
Volume
$478
Trade this on Kalshi
Before Jan 1, 2027
82%
Kalshi 82%polled, 2 min agoBest Yes 84¢ on Kalshi, $100 pays $119 (1.19x)
Kalshi
Contract
Before Jan 1, 2027
Last price
82%
As of
Polled 2 min ago
Buy Yes
84¢
Sell Yes
76¢
$100 on Yes pays
$119 (1.19x)
Volume
$409
Trade this on Kalshi
Before Dec 25, 2026
65%
Kalshi 65%polled, 2 min agoBest Yes 69¢ on Kalshi, $100 pays $145 (1.45x)
Kalshi
Contract
Before Dec 25, 2026
Last price
65%
As of
Polled 2 min ago
Buy Yes
69¢
Sell Yes
62¢
$100 on Yes pays
$145 (1.45x)
Volume
$424
Trade this on Kalshi
Before Dec 15, 2026
15%
Kalshi 15%polled, 2 min agoBest Yes 23¢ on Kalshi, $100 pays $435 (4.35x)
Kalshi
Contract
Before Dec 15, 2026
Last price
15%
As of
Polled 2 min ago
Buy Yes
23¢
Sell Yes
15¢
$100 on Yes pays
$435 (4.35x)
Volume
$2K
Trade this on Kalshi
Before Dec 1, 2026
5%
Kalshi 5%polled, 2 min agoBest Yes 5¢ on Kalshi, $100 pays $2,000 (20.0x)
Kalshi
Contract
Before Dec 1, 2026
Last price
5%
As of
Polled 2 min ago
Buy Yes
5¢
Sell Yes
3¢
$100 on Yes pays
$2,000 (20.0x)
Volume
$2K
Trade this on Kalshi
Before Nov 1, 2026
1%
Kalshi 1%polled, 2 min agoBest Yes 1¢ on Kalshi, $100 pays $10,000 (100x)
Kalshi
Contract
Before Nov 1, 2026
Last price
1%
As of
Polled 2 min ago
Buy Yes
1¢
Sell Yes
—
$100 on Yes pays
$10,000 (100x)
Volume
$3K
Trade this on Kalshi

Who resolves this market

Kalshi
Kalshi resolves via:
Kalshi (CFTC-regulated exchange), source: White House, Library of Congress

How the odds have moved

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

  • Before Feb 1, 2027
  • Before Jan 1, 2027
  • Before Dec 25, 2026

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.

Kalshi

Open on Kalshi ↗

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 0.04 × price × (1 − price) per share (politics rate). Fee calculator. Estimates only, not advice.

About this market

Live prediction market odds for "When will the FY2027 NDAA become law?". Before Feb 1, 2027 leads at 87%. Next is Before Jan 1, 2027 at 82%. $8K has traded across 6 outcomes on Kalshi. The market is expected to resolve by Feb 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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