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← Explore · Kalshi · Market KXNEXTUKPRIMEMIN-35JAN01-KBAD

Will Kemi Badenoch be the next Prime Minister of the United Kingdom before Jan 1, 2035?

21.5% implied · bid 18.0¢ · ask 25.0¢

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A · Price & probability

The market prices this at 24.0%, up 2.5pt over 24h, on a 7.0¢ spread.

Implied probability24.0%
Bid / ask / mid18.0¢ / 25.0¢ / 21.5¢
Spread7.0¢ (32.6%)
Change 24h+2.50pt
Change 7d+3.50pt
Longshot tax-24% historically (20-35¢ bucket)

B · Liquidity & flow

Thin (score 15/100) — trade small; large orders will move the price. Order book leans 2% to the ask (sellers).

Volume 24h$10
Volume qualityPro
Depth ±5¢ (bid/ask)$51 / $50
Imbalance2% bid
Large trades (>$1k)0
Liquidity score15.1 / 100

C · Momentum & volatility

RSI 10 (oversold); price is below its 7-day mean by 0.1σ — normal range.

Z-score vs 7d mean-0.09
RSI (14, hourly)9.6
Realized vol 7d10.89pt
Change 1h+0.00pt

E · Time & structure

Resolves in 2987d 12h.

Time to resolve2987d 12h
Resolution sourcemanual-review
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 20-35¢ bucket has returned -24% 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

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

Summary

If Kemi Badenoch formally holds the position of Prime Minister of the United Kingdom before Jan 1, 2035, and is the first such subject to do so after Issuance, then the market resolves to Yes.

Expanded rules

The holder of the position at the time of Issuance is excluded. For the purposes of this Contract, only a subject who holds the position in a permanent, confirmed, elected, or otherwise non-acting and non-temporary capacity—as formally designated by the body or organization at which the position is held—is treated as formally holding the position; assumption of the role solely in an acting, interim, transitional, provisional, caretaker, pro tempore, or otherwise temporary capacity does not, by itself, satisfy the Payout Criterion. Andy Burnham is the holder at Issuance. A former holder who returns after Issuance is not disqualified solely on the basis of that prior service. If a person not listed here is first to formally hold the office after Issuance, every market resolves NO.