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← Explore · Kalshi · Market KXG7LEADEROUT-26JUL20-GMEL

Will Prime Minister of Italy be the first to leave office?

13.5% implied · bid 13.0¢ · ask 14.0¢

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A · Price & probability

The market prices this at 13.0%, down 1.0pt over 24h, on a 1.0¢ spread.

Implied probability13.0%
Bid / ask / mid13.0¢ / 14.0¢ / 13.5¢
Spread1.0¢ (7.4%)
Change 24h-1.00pt
Change 7d-2.00pt
Longshot tax-42% historically (10-20¢ bucket)

B · Liquidity & flow

Moderately liquid (score 45/100) — fine for normal sizes. Order book leans 1% to the ask (sellers).

Volume 24h$1
Volume qualityPro
Depth ±5¢ (bid/ask)$26 / $0
Imbalance1% bid
Large trades (>$1k)0
Liquidity score45.0 / 100

C · Momentum & volatility

RSI 30 (neutral); price is below its 7-day mean by 1.8σ — a mild deviation.

Z-score vs 7d mean-1.81
RSI (14, hourly)30.0
Realized vol 7d1.45pt
Change 1h+0.00pt

E · Time & structure

Resolves in 6633d 12h.

Time to resolve6633d 12h
Resolution sourcedocumented
Rules risklow (15)
Sum of outcomes100.0%

Price history

Probability timeline

Order-book depth

Cost to trade

Pro See what a live order would actually cost after walking the book, and the edge/EV/Kelly at that real price. Upgrade

Longshot tax — return by price bucket

This market's 10-20¢ bucket has returned -42% per $1, historically.

Other venues

Pro See the live Kalshi ↔ Polymarket gap, the after-fee combined cost of hedging both legs, and its history. Upgrade

How this settles

DeadlineNot published.
Close → settlementExpected settlement is 0.0h after scheduled close.

Summary

If the individual holding the title of Prime Minister of Italy at the time of Issuance is the first within G7 leaders to leave their position, then the market resolves to Yes.

Expanded rules

The individual must actually leave office and no longer hold their title. An announcement of resignation or intention to leave is not sufficient. In the event of death, the market will resolve to the last traded price prior to death, unless such a price is not available, not logically consistent, or not representative of a fair settlement value, in which case the Exchange may determine a fair value in its sole discretion.