{ "contractVersion": "1.15.0", "license": { "name": "CC BY 4.0", "url": "https://creativecommons.org/licenses/by/4.0/", "attribution": "AI Compute Tracker (aicomputetracker.com), CC BY 4.0; third-party terms apply to data from Kalshi (KalshiEX LLC)", "sources": [ { "id": "kalshi", "name": "Kalshi (KalshiEX LLC)", "attribution": "Data: Kalshi (KalshiEX LLC)", "terms": "https://kalshi.com/developer-agreement", "termsVersion": "1.1", "redistribution": "pending-counsel", "license": "Third-party terms apply" } ] }, "attribution": { "credit": "Data: Kalshi (KalshiEX LLC)", "source": "Kalshi", "legalName": "KalshiEX LLC", "url": "https://kalshi.com", "note": "Curve values are derived from Kalshi event-contract market data, which remains subject to Kalshi’s terms." }, "date": "2026-10-12", "capturedAt": "2026-10-12T06:28:01.061Z", "methodologyVersion": "kalshi-ladder-median-50-v2+unsmoothed-v1", "estimatorVersion": "kalshi-ladder-median-50-v2", "transformVersion": "unsmoothed-v1", "note": "Each implied level is the strike where a ladder’s yes-probability crosses 50%, and the resting bids and asks bracket it: a bid at one strike is a floor on every lower strike’s probability and an ask a ceiling on every higher one, so the bid-only and ask-only envelopes each cross 50% somewhere. The bracket is those two crossings, each interpolated linearly between the listed strikes around it; strictly, the quotes bound the median only to the outer of those strikes. A side no quote bounds is open. The level reads only usable quotes: a strike with a bid above 0¢ and an ask below 100¢ counts as two-sided, but is read at its midpoint only when no wider than 20 points with size on both sides, and a strike without such a quote only at a last trade with 24-hour volume. A weighted isotonic fit (pool-adjacent violators, each quote weighted by its tightness) keeps them monotone — it can raise a level as well as lower it, unlike a running minimum — and nothing is smoothed: each monthly value is its own ladder’s estimate. With fewer than two usable quotes, or a fit that never crosses 50% within its own strikes or crosses it outside the bracket, no quote sets the level: a closed bracket gives its midpoint, and an open one only a placeholder (its closed side, or the middle of the listed strikes when neither side is closed) that the site never shows as a price — it shows the bracket. In this snapshot 0 of 55 ladders are read from their fit of 0 usable quotes, and 35 brackets are open on at least one side. A point passes — it is identified — only with both sides of its bid/ask bracket inside the listed strikes, a bracket no wider than 20% of its median, and at least 2 two-sided strikes, 1¢/99¢ placeholders excluded, quoted between 20% and 80%; 5 of 60 points pass this snapshot, and 84 of the snapshot’s 227 two-sided strikes are 1¢/99¢ placeholders. Only identified points draw a line and a band, and only they feed moves, carry, spreads and curve shapes.", "rederived": { "at": "2026-10-15T03:25:30.834Z", "rawRef": "kalshi/2026/10/kalshi-2026-10-12T06-28-01.061Z.json.gz", "rawSha256": "0d47b7ecfbb05a32696187857151ff8277947e85af219eb34a627336f155d484", "supersedes": "kalshi-ladder-median-50-v1+smooth-121x2-after-front-v1", "superseded": { "curves": [ { "id": "b200", "anchor": { "instrument": "monthly-average", "seriesTicker": "KXB200MS", "eventTicker": "KXB200MS-26OCT", "methodologyVersion": "kalshi-ladder-median-50-v1+smooth-121x2-after-front-v1" }, "spot": 7.78, "values": [ null, null, null, 7.78, 8.11, 7.76, 6.98, 5.74, 4.47, 3.86, 3.93, 3.97, 3.65, 3.34 ] }, { "id": "h200", "anchor": { "instrument": "monthly-average", "seriesTicker": "KXH200MS", "eventTicker": "KXH200MS-26OCT", "methodologyVersion": "kalshi-ladder-median-50-v1+smooth-121x2-after-front-v1" }, "spot": 5.44, "values": [ null, null, null, 5.44, 6.12, 4.74, 3.24, 2.35, 2.19, 2.27, 2.33, 2.53, 3.23, 3.96 ] }, { "id": "h100", "anchor": { "instrument": "monthly-average", "seriesTicker": "KXH100MS", "eventTicker": "KXH100MS-26OCT", "methodologyVersion": "kalshi-ladder-median-50-v1+smooth-121x2-after-front-v1" }, "spot": 2.84, "values": [ null, null, null, 2.84, 3.02, 2.97, 2.86, 2.77, 2.68, 2.52, 2.34, 2.27, 2.38, 2.52 ] }, { "id": "a100", "anchor": { "instrument": "monthly-average", "seriesTicker": "KXA100MS", "eventTicker": "KXA100MS-26OCT", "methodologyVersion": "kalshi-ladder-median-50-v1+smooth-121x2-after-front-v1" }, "spot": 0.95, "values": [ null, null, null, 0.95, 1.08, 1, 0.92, 0.9, 0.94, 0.99, 1.04, 1.02, 0.89, 0.75 ] }, { "id": "rtx5090", "anchor": { "instrument": "monthly-average", "seriesTicker": "KXRTX5090MS", "eventTicker": "KXRTX5090MS-26OCT", "methodologyVersion": "kalshi-ladder-median-50-v1+smooth-121x2-after-front-v1" }, "spot": 0.64, "values": [ null, null, null, 0.64, 0.69, 0.69, 0.68, 0.69, 0.71, 0.67, 0.65, 0.67, 0.64, 0.59 ] } ], "seriesSha256": "21ac34f5118ceba1de88463e1fd0c6fede7b90b6d5cede3e36a5196afb4705ff" } }, "unit": "USD per GPU-hour", "tenorKeys": [ "2026-07", "2026-08", "2026-09", "2026-10", "2026-11", "2026-12", "2027-01", "2027-02", "2027-03", "2027-04", "2027-05", "2027-06", "2027-07", "2027-08" ], "curves": [ { "id": "b200", "anchor": { "instrument": "monthly-average", "seriesTicker": "KXB200MS", "eventTicker": "KXB200MS-26OCT", "methodologyVersion": "kalshi-ladder-median-50-v2+unsmoothed-v1" }, "spot": 8.9, "values": [ null, null, null, 8.9, 8.57, 8.84, 5.67, 3.75, 3.39, 7.5, 5.62, 6.57, 7.5, 2.74 ], "series": { "ingestionStatus": "live-fetch", "monthlySeriesTicker": "KXB200MS", "spotSeriesTicker": "KXB200WS", "sourceUrl": "https://api.elections.kalshi.com/trade-api/v2/events?series_ticker=KXB200MS", "fetchedAt": "2026-10-12T06:28:00.828Z", "latestMarketAt": "2026-10-08T10:21:00.572Z", "monthlyEventCount": 11, "usableTenorCount": 11, "interpolatedTenorCount": 0, "marketCount": 190, "twoSidedMarketCount": 79, "totalVolume": 209939.17, "totalOpenInterest": 63301, "totalLiquidityUsd": 112292.37, "estimatorVersion": "kalshi-ladder-median-50-v2", "transformVersion": "unsmoothed-v1", "points": [ { "kind": "spot", "tenorKey": null, "seriesTicker": "KXB200MS", "eventTicker": "KXB200MS-26OCT", "sourceUrl": "https://api.elections.kalshi.com/trade-api/v2/events/KXB200MS-26OCT", "latestMarketAt": "2026-09-12T05:00:00.299Z", "strikeCount": 16, "twoSidedCount": 3, "placeholderQuoteCount": 0, "monotonizedStrikeCount": 0, "medianSpreadPoints": 67, "totalVolume": 33190.8, "totalOpenInterest": 15598.54, "totalLiquidityUsd": 100642.7, "interpolated": false, "clampedToListedRange": false, "lo": 7.27, "hi": 10.54, "loOpen": false, "hiOpen": false, "q25": null, "q75": null, "midBandCount": 2, "usableQuoteCount": 0, "valueSource": "bracket", "identified": false, "estimated": true }, { "kind": "monthly", "tenorKey": "2026-10", "seriesTicker": "KXB200MS", "eventTicker": "KXB200MS-26OCT", "sourceUrl": "https://api.elections.kalshi.com/trade-api/v2/events/KXB200MS-26OCT", "latestMarketAt": "2026-09-12T05:00:00.299Z", "strikeCount": 16, "twoSidedCount": 3, "placeholderQuoteCount": 0, "monotonizedStrikeCount": 0, "medianSpreadPoints": 67, "totalVolume": 33190.8, "totalOpenInterest": 15598.54, "totalLiquidityUsd": 100642.7, "interpolated": false, "clampedToListedRange": false, "lo": 7.27, "hi": 10.54, "loOpen": false, "hiOpen": false, "q25": null, "q75": null, "midBandCount": 2, "usableQuoteCount": 0, "valueSource": "bracket", "identified": false, "estimated": true }, { "kind": "monthly", "tenorKey": "2026-11", "seriesTicker": "KXB200MS", "eventTicker": "KXB200MS-26NOV", "sourceUrl": "https://api.elections.kalshi.com/trade-api/v2/events/KXB200MS-26NOV", "latestMarketAt": "2026-09-11T22:00:00.308Z", "strikeCount": 17, "twoSidedCount": 13, "placeholderQuoteCount": 0, "monotonizedStrikeCount": 0, "medianSpreadPoints": 49, "totalVolume": 36468.65, "totalOpenInterest": 11579.25, 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"2027-01", "seriesTicker": "KXB200MS", "eventTicker": "KXB200MS-27JAN", "sourceUrl": "https://api.elections.kalshi.com/trade-api/v2/events/KXB200MS-27JAN", "latestMarketAt": "2026-09-20T20:30:00.066Z", "strikeCount": 10, "twoSidedCount": 4, "placeholderQuoteCount": 0, "monotonizedStrikeCount": 0, "medianSpreadPoints": 24, "totalVolume": 22882, "totalOpenInterest": 5124, "totalLiquidityUsd": 922.46, "interpolated": false, "clampedToListedRange": false, "lo": 5.67, "hi": 12, "loOpen": false, "hiOpen": true, "q25": null, "q75": null, "midBandCount": 0, "usableQuoteCount": 0, "valueSource": "bracket", "identified": false, "estimated": true }, { "kind": "monthly", "tenorKey": "2027-02", "seriesTicker": "KXB200MS", "eventTicker": "KXB200MS-27FEB", "sourceUrl": "https://api.elections.kalshi.com/trade-api/v2/events/KXB200MS-27FEB", "latestMarketAt": "2026-10-07T21:41:43.990Z", "strikeCount": 9, "twoSidedCount": 4, "placeholderQuoteCount": 0, "monotonizedStrikeCount": 0, "medianSpreadPoints": 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