The Prediction Markets

Which month will Strait of Hormuz traffic return to normal in 2027?

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

No Return to Normal Traffic in 2027 25.9%

Next is August 2027 at 11.7%. Only Polymarket lists this market, so there is no second price to compare.

No Return to Normal Traffic in 2027 25.9%August 2027 11.7%February 2027 8%June 2027 7.5%April 2027 7.1%8 others 39.8%

Odds by venue

Fair chance strips out each venue’s built-in margin (its prices add up to more than 100%), then blends the venues by how much has traded there, so the outcomes add up to 100%. 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 h ago. Ages are as of when this page was built.

  • Polymarket
No Return to Normal Traffic in 2027
25.9%
Polymarket 31%(25.9% fair)polled, 1 h agoBest Yes 32¢ on Polymarket, $100 pays $313 (3.13x)
Polymarket
Contract
No Return to Normal Traffic in 2027
Last price
31%
Fair, margin removed
25.9%
As of
Polled 1 h ago
Buy Yes
32¢
Sell Yes
30¢
$100 on Yes pays
$313 (3.13x)
Volume
$608
Trade this on Polymarket
August 2027
11.7%
Polymarket 14%(11.7% fair)polled, 1 h agoBest Yes 15¢ on Polymarket, $100 pays $667 (6.67x)
Polymarket
Contract
August 2027
Last price
14%
Fair, margin removed
11.7%
As of
Polled 1 h ago
Buy Yes
15¢
Sell Yes
13¢
$100 on Yes pays
$667 (6.67x)
Volume
$325
Trade this on Polymarket
February 2027
8%
Polymarket 9.5%(7.9% fair)polled, 1 h agoBest Yes 10¢ on Polymarket, $100 pays $1,000 (10.0x)
Polymarket
Contract
February 2027
Last price
9.5%
Fair, margin removed
7.9%
As of
Polled 1 h ago
Buy Yes
10¢
Sell Yes
9¢
$100 on Yes pays
$1,000 (10.0x)
Volume
$269
Trade this on Polymarket
June 2027
7.5%
Polymarket 9%(7.5% fair)polled, 1 h agoBest Yes 10¢ on Polymarket, $100 pays $1,000 (10.0x)
Polymarket
Contract
June 2027
Last price
9%
Fair, margin removed
7.5%
As of
Polled 1 h ago
Buy Yes
10¢
Sell Yes
8¢
$100 on Yes pays
$1,000 (10.0x)
Volume
$137
Trade this on Polymarket
April 2027
7.1%
Polymarket 8.5%(7.1% fair)polled, 1 h agoBest Yes 10¢ on Polymarket, $100 pays $1,000 (10.0x)
Polymarket
Contract
April 2027
Last price
8.5%
Fair, margin removed
7.1%
As of
Polled 1 h ago
Buy Yes
10¢
Sell Yes
7¢
$100 on Yes pays
$1,000 (10.0x)
Volume
$263
Trade this on Polymarket
October 2027
7.1%
Polymarket 8.5%(7.1% fair)polled, 1 h agoBest Yes 10¢ on Polymarket, $100 pays $1,000 (10.0x)
Polymarket
Contract
October 2027
Last price
8.5%
Fair, margin removed
7.1%
As of
Polled 1 h ago
Buy Yes
10¢
Sell Yes
7¢
$100 on Yes pays
$1,000 (10.0x)
Volume
$265
Trade this on Polymarket
July 2027
6.3%
Polymarket 7.5%(6.3% fair)polled, 1 h agoBest Yes 13¢ on Polymarket, $100 pays $769 (7.69x)
Polymarket
Contract
July 2027
Last price
7.5%
Fair, margin removed
6.3%
As of
Polled 1 h ago
Buy Yes
13¢
Sell Yes
2¢
$100 on Yes pays
$769 (7.69x)
Volume
$204
Trade this on Polymarket
November 2027
5.4%
Polymarket 6.5%(5.4% fair)polled, 1 h agoBest Yes 8¢ on Polymarket, $100 pays $1,250 (12.5x)
Polymarket
Contract
November 2027
Last price
6.5%
Fair, margin removed
5.4%
As of
Polled 1 h ago
Buy Yes
8¢
Sell Yes
5¢
$100 on Yes pays
$1,250 (12.5x)
Volume
$174
Trade this on Polymarket
January 2027
5%
Polymarket 6%(5% fair)polled, 1 h agoBest Yes 9¢ on Polymarket, $100 pays $1,111 (11.1x)
Polymarket
Contract
January 2027
Last price
6%
Fair, margin removed
5%
As of
Polled 1 h ago
Buy Yes
9¢
Sell Yes
3¢
$100 on Yes pays
$1,111 (11.1x)
Volume
$143
Trade this on Polymarket
September 2027
5%
Polymarket 6%(5% fair)polled, 1 h agoBest Yes 7¢ on Polymarket, $100 pays $1,429 (14.3x)
Polymarket
Contract
September 2027
Last price
6%
Fair, margin removed
5%
As of
Polled 1 h ago
Buy Yes
7¢
Sell Yes
5¢
$100 on Yes pays
$1,429 (14.3x)
Volume
$153
Trade this on Polymarket
Show 3 more outcomes
March 2027
4.2%
Polymarket 5%(4.2% fair)polled, 1 h agoBest Yes 8.9¢ on Polymarket, $100 pays $1,124 (11.2x)
Polymarket
Contract
March 2027
Last price
5%
Fair, margin removed
4.2%
As of
Polled 1 h ago
Buy Yes
8.9¢
Sell Yes
1.1¢
$100 on Yes pays
$1,124 (11.2x)
Volume
$144
Trade this on Polymarket
May 2027
3.8%
Polymarket 4.5%(3.8% fair)polled, 1 h agoBest Yes 7¢ on Polymarket, $100 pays $1,429 (14.3x)
Polymarket
Contract
May 2027
Last price
4.5%
Fair, margin removed
3.8%
As of
Polled 1 h ago
Buy Yes
7¢
Sell Yes
2¢
$100 on Yes pays
$1,429 (14.3x)
Volume
$155
Trade this on Polymarket
December 2027
3%
Polymarket 3.6%(3% fair)polled, 1 h agoBest Yes 6.1¢ on Polymarket, $100 pays $1,639 (16.4x)
Polymarket
Contract
December 2027
Last price
3.6%
Fair, margin removed
3%
As of
Polled 1 h ago
Buy Yes
6.1¢
Sell Yes
1¢
$100 on Yes pays
$1,639 (16.4x)
Volume
$143
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.

  • No Return to Normal Traffic in 2027
  • August 2027
  • February 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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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 "Which month will Strait of Hormuz traffic return to normal in 2027?". No Return to Normal Traffic in 2027 leads at 25.9%. Next is August 2027 at 11.7%. $3K has traded across 13 outcomes on Polymarket. The market is expected to resolve by Feb 1, 2027.

This market will resolve according to the calendar month containing the first date from January 1, 2027 to December 31, 2027 for which the 7-day moving average of transit calls through the Strait of Hormuz, according to IMF PortWatch, is at least 60. If no such date occurs, this market will resolve to “No Return to Normal Traffic in 2027”. 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 as soon as IMF PortWatch publishes a qualifying 7-day moving average, or 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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Which month will Strait of Hormuz traffic return to normal in 2027? Odds, Platforms, and Market Data | The Prediction Markets