TOTAL VOLUME:
$134b
24H VOL:
$103,397,351
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,410,176,180
399,592
Markets across
30,097
events
MATCHED EVENTS:
2,622
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 24, 4:00 PM EST
Kalshi
This event tracks the closing value of the S&P 500 index on June 24, 2026 at 4pm EDT. Traders can bet on whether the index will close above various price thresholds ranging from 6,700 to 8,175. The market resolves based on the official end-of-day index value released on or shortly after that date.
The S&P 500 index event consists of multiple price level outcomes, each with an identical resolution mechanism. For each price threshold specified, the corresponding market resolves to Yes if the end-of-day S&P 500 index value on June 24, 2026 exceeds the threshold by at least 0.0001 points. All outcomes share common timing provisions: the market closes on June 24, 2026, and expires at whichever occurs first—the initial data release or one week after June 24, 2026. Per Kalshi Rulebook modifications for indices markets, the Source Agency and Underlying for this event have been adjusted according to exchange rules. Each price level functions as an independent binary outcome, allowing traders to express precise views on the index's closing level through granular price increments of 25 points.
Prediction market odds and traditional analyst forecasts often diverge because they reflect different methodologies and incentive structures. Traders in this market have real money at stake, which encourages accurate pricing of expectations around the S&P 500's June 2026 level. Analyst reports, by contrast, may be influenced by institutional positioning or longer-term narratives. Comparing the implied odds here to published equity strategist targets can reveal where the market is pricing in more or less optimism than the consensus view, helping you identify potential gaps between professional forecasts and trader sentiment.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell contracts representing different S&P 500 price ranges. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The bid-ask spread reflects the current balance of supply and demand for each outcome, and prices update in real time as new trades execute. Your position's value fluctuates with market sentiment, and you can exit at any time by matching the current ask or bid price, making the pricing transparent and responsive to breaking news or economic data releases relevant to equity valuations.
This market resolves around Jun 24, 2026, with the outcome confirmed once the S&P 500's closing price on that date is verifiable from credible public sources. The settlement hinges on the official index level reported at 4pm EDT, ensuring an objective and independently verifiable result. Once the market closes, traders holding the correct outcome receive their payout based on the final price bracket, and all positions are settled automatically according to the contract specifications.
Major catalysts for this market include Federal Reserve policy decisions, inflation data, corporate earnings reports, and geopolitical developments that influence equity risk appetite. Economic surprises—whether stronger or weaker than expected—can shift trader positioning significantly. Market volatility spikes, credit market stress, or shifts in interest rate expectations will also drive repricing as traders adjust their views on where the S&P 500 will settle in June 2026. Monitoring macroeconomic calendars and earnings seasons helps you anticipate which events are most likely to move odds in this market.