{ "contractVersion": "1.27.0", "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": "2026-11-03", "capturedAt": "2026-11-03T12:37:44.915Z", "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 8 of 50 ladders are read from their fit of 43 usable quotes, and 33 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 55 points pass this snapshot, and 14 of the snapshot’s 119 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": null, "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-26NOV", "methodologyVersion": "kalshi-ladder-median-50-v2+unsmoothed-v1" }, "spot": 9.33, "values": [ null, null, null, null, 9.33, 8.68, 9.17, 3.73, 6.72, 7.5, 5.19, 6.57, 7.5, 5.5 ], "series": { "ingestionStatus": "live-fetch", "monthlySeriesTicker": "KXB200MS", "spotSeriesTicker": "KXB200WS", "sourceUrl": "https://api.elections.kalshi.com/trade-api/v2/events?series_ticker=KXB200MS", "fetchedAt": "2026-11-03T12:37:44.691Z", "latestMarketAt": "2026-10-27T19:53:03.065Z", "monthlyEventCount": 10, "usableTenorCount": 10, "interpolatedTenorCount": 0, "marketCount": 171, "twoSidedMarketCount": 44, "totalVolume": 177150.35, "totalOpenInterest": 47786.49, "totalLiquidityUsd": 11666.05, "estimatorVersion": "kalshi-ladder-median-50-v2", "transformVersion": "unsmoothed-v1", "points": [ { "kind": "spot", "tenorKey": null, "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": 18, "twoSidedCount": 6, "placeholderQuoteCount": 0, "monotonizedStrikeCount": 0, "medianSpreadPoints": 10, "totalVolume": 36821.57, "totalOpenInterest": 11669.33, "totalLiquidityUsd": 2928.27, "interpolated": false, "clampedToListedRange": false, "lo": 9.24, "hi": 9.43, "loOpen": false, "hiOpen": false, "q25": 8.82, "q75": 9.85, "midBandCount": 2, "usableQuoteCount": 6, "valueSource": "quotes", "identified": true, "estimated": false }, { "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": 18, "twoSidedCount": 6, "placeholderQuoteCount": 0, "monotonizedStrikeCount": 0, "medianSpreadPoints": 10, "totalVolume": 36821.57, "totalOpenInterest": 11669.33, "totalLiquidityUsd": 2928.27, "interpolated": false, "clampedToListedRange": false, "lo": 9.24, "hi": 9.43, "loOpen": false, "hiOpen": false, "q25": 8.82, "q75": 9.85, "midBandCount": 2, "usableQuoteCount": 6, "valueSource": "quotes", "identified": true, "estimated": false }, { "kind": "monthly", "tenorKey": "2026-12", "seriesTicker": "KXB200MS", "eventTicker": "KXB200MS-26DEC", "sourceUrl": "https://api.elections.kalshi.com/trade-api/v2/events/KXB200MS-26DEC", "latestMarketAt": "2026-09-11T08:40:00.293Z", "strikeCount": 19, "twoSidedCount": 11, "placeholderQuoteCount": 0, "monotonizedStrikeCount": 0, "medianSpreadPoints": 58, "totalVolume": 26516.03, "totalOpenInterest": 6804.25, "totalLiquidityUsd": 2328.28, "interpolated": false, "clampedToListedRange": false, "lo": 8.68, "hi": 12, "loOpen": false, "hiOpen": true, "q25": null, "q75": null, "midBandCount": 8, "usableQuoteCount": 0, "valueSource": "bracket", "identified": false, "estimated": true }, { "kind": "monthly", "tenorKey": "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": 19, "twoSidedCount": 14, "placeholderQuoteCount": 0, "monotonizedStrikeCount": 0, "medianSpreadPoints": 10, "totalVolume": 22928, "totalOpenInterest": 5119, "totalLiquidityUsd": 3830.45, "interpolated": false, "clampedToListedRange": false, "lo": 8.9, "hi": 9.44, "loOpen": false, "hiOpen": false, "q25": 7.7, "q75": 11, "midBandCount": 9, "usableQuoteCount": 14, "valueSource": "quotes", "identified": true, "estimated": false }, { "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": 2, "placeholderQuoteCount": 0, "monotonizedStrikeCount": 0, "medianSpreadPoints": 81, "totalVolume": 22551.82, "totalOpenInterest": 6561.03, "totalLiquidityUsd": 302.61, "interpolated": false, "clampedToListedRange": false, "lo": 3.73, "hi": 12, "loOpen": false, "hiOpen": true, "q25": null, "q75": null, "midBandCount": 2, "usableQuoteCount": 0, "valueSource": "bracket", "identified": false, "estimated": true }, { "kind": "monthly", "tenorKey": "2027-03", "seriesTicker": "KXB200MS", "eventTicker": "KXB200MS-27MAR", "sourceUrl": "https://api.elections.kalshi.com/trade-api/v2/events/KXB200MS-27MAR", "latestMarketAt": "2026-10-07T21:43:25.602Z", "strikeCount": 9, "twoSidedCount": 1, 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