TOTAL VOLUME:
$134.2b
24H VOL:
$134,145,987
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,441,166,947
406,422
Markets across
30,383
events
MATCHED EVENTS:
2,688
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 30, 4:00 PM EST
Kalshi
This event tracks the S&P 500 index value at market close on June 30, 2026. Traders can bet on whether the index will close above various price thresholds ranging from 6,600 to 8,075. The market resolves based on the official end-of-day index value reported by the exchange.
Resolution is determined by the end-of-day S&P 500 index value on June 30, 2026. Each outcome corresponds to a specific price threshold; if the index closes above that threshold (e.g., above 6,599.9999 for the 6,600 strike), the market resolves to Yes. The market closes on June 30, 2026 and expires at the sooner of the first data release or one week after that date. Per the Kalshi Rulebook, the Exchange has modified the Source Agency and Underlying for indices markets.
Prediction market odds and traditional analyst forecasts often diverge because they reflect different incentive structures. Market participants put real capital at risk, creating a direct financial penalty for inaccuracy, whereas analyst estimates may be influenced by institutional positioning or reputational concerns. This market aggregates the views of many independent traders, each betting their own money on where the S&P 500 will trade. Comparing these odds to published analyst price targets can reveal where the crowd sees asymmetric risk or opportunity relative to Wall Street consensus.
On Kalshi, this market is priced through continuous order-book matching, where buyers and sellers set the odds by placing limit orders at their preferred levels. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price you see reflects the most recent trade and the current bid-ask spread, updating in real time as new orders arrive. Your entry and exit prices depend on liquidity at each price level, so larger positions may move the market more than smaller trades. This mechanism ensures transparent, competitive pricing driven by direct participant supply and demand.
This market resolves around Jun 30, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The settlement will reflect the official closing price of the S&P 500 at the specified time on that date. Once the index level is established and verified, the market will lock in and payouts will be distributed according to the contract terms. Traders should monitor official market data sources as the resolution date approaches to understand final pricing.
Major economic releases—including employment reports, inflation data, Federal Reserve policy decisions, and corporate earnings—can significantly shift expectations for equity valuations by June 2026. Geopolitical developments, changes in interest rate expectations, and shifts in market sentiment around recession risk will all influence trading activity. Unexpected corporate news, sector rotations, and technical levels on the index itself may trigger rapid repricing. Traders should monitor the economic calendar and stay alert to macroeconomic surprises that could reshape the outlook for large-cap equities.