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← Explore · Kalshi · Market KXUKCOALITION-30JAN01-LABMIN

Will Labour minority form the next government in the United Kingdom?

5.4% implied · bid 1.5¢ · ask 9.3¢

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A · Price & probability

The market prices this at 1.5%, down 0.1pt over 24h, on a 7.8¢ spread.

Implied probability1.5%
Bid / ask / mid1.5¢ / 9.3¢ / 5.4¢
Spread7.8¢ (144.4%)
Change 24h-0.05pt
Change 7d-0.05pt
Longshot taxHistory says buyers here lost ~60%

B · Liquidity & flow

Thin (score 11/100) — trade small; large orders will move the price. Order book leans 0% to the ask (sellers).

Volume 24h$1
Volume qualityPro
Depth ±5¢ (bid/ask)$3 / $19
Imbalance0% bid
Large trades (>$1k)0
Liquidity score11.0 / 100

C · Momentum & volatility

RSI 50 (neutral); price is below its 7-day mean by 3.7σ — an unusually large move.

Z-score vs 7d mean-3.75
RSI (14, hourly)49.7
Realized vol 7d1.47pt
Change 1h+0.00pt

E · Time & structure

Resolves in 1154d 9h.

Time to resolve1154d 9h
Resolution sourcedocumented
Rules riskhigh (60)
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

History says buyers in the 0-10¢ bucket lost ~60% per $1, on average.

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

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

Summary

If the Labour Party, with the Labour Party not holding a majority of seats in the House of Commons and with no other party in a confidence and supply arrangement with the ruling government exclusively make up the next elected ruling government of the United Kingdom before Jan 1, 2030, then the market resolves to Yes.

Expanded rules

A party is considered part of government if one or more of its representatives hold at least one ministerial or cabinet-level position in the new government. This evaluation occurs at the first official, stable formation of the government once the legislative process is complete and the head of state appoints ministers under normal non-caretaker circumstances. Confidence and supply arrangements where a party supports the government without holding cabinet positions may be included if explicitly specified in the parties description. Caretaker or interim governments appointed temporarily before formal government formation do not count for determining party status. A sole 'minority' government designation (e.g. 'Party X minority') means the relevant party is the ruling government but does not have a confidence and supply agreement with any party or a majority of seats in the parliament (or equivalent legislature). If a parties description specifies support from one or more named parties, that support is exclusive to the named parties.