What Are Kalshi Government Shutdown Markets Saying Right Now?

Kalshi prices the 2025 government shutdown in yes-or-no event contracts that settle at $1. Today’s board puts >35 days around 67%, >40 days near 48% (rules map that to through Nov 10 at 10:00 a.m. ET), and >45 days near 35%, so the curve is still pointing toward mid-November with a live tail into the back half of the month. Odds swing on CR headlines, leadership signals, and agency/OMB guidance.
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TL;DR Summary
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Kalshi is a federally regulated exchange under the Commodity Futures Trading Commission. It operates as a designated contract market offering event contracts that settle at $1 on yes/no outcomes. Approval came in Nov 2020; trading launched in 2021.
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The Kalshi government shutdown market tracks how long the federal government stays closed. Trading volume: $15,491,419 as of today. Depth like that gives a cleaner read on trader expectations.
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Pricing clusters around mid-November, with a live tail after that based on the >45-day line.
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Fees are per trade. The company’s model isn’t based on users losing money.
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Idle USD balances on the exchange can earn interest. Rate details live in-account.
Kalshi’s Popular Shutdown Market: How Long Will the Government Shutdown Last?

Start with the scoreboard. The 2025 government shutdown is well into the count, and duration is tradable because the outcome is clean: the shutdown ends on a date you can timestamp, and event contracts pay $1 if that bucket hits. It's like totals, except the clock is Congress.
Here’s how the board is built. The Kalshi government shutdown market lists duration buckets. You buy Yes/No event contracts; contract prices trade between 1¢ and 99¢; price ≈ probability, and settlement is $1 if the statement is true when the shutdown ends. A 48¢ price on "more than 40 days" reads like 48% odds through Nov 10 at 10:00 a.m. ET per the rules.
So, why care about duration? Stakes. A longer pause delays the White House economic data, the Senate, and the markets used to set policy. It also reshuffles agency operations across the federal government and can affect inflation reports and payroll timing. Put plainly, the date the shutdown ends can influence both money and schedules in the real world, so some investors use these prediction markets as a hedge.
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If you own stocks tied to federal funding or timely approvals, a longer shutdown can squeeze cash flow. Buying "yes" on longer buckets can offset part of that risk.
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If you trade rates and key reports get pushed back, your playbook changes. Longer-timeline contracts help if data stays dark and volatility shifts.
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If you’re a contractor paid after the government reopens, later dates mean delayed receipts. A small position on longer buckets can soften the hit.
Liquidity matters, and this board has it: trading volume is $17,695,419 today. More flow means tighter spreads, better fills, and cleaner signals. When trader expectations shift on CR votes or leadership signals, you see it in the tape.
There’s a social layer too, since Kalshi market pages include public comments near the bottom. Sentiment there often spikes around headlines, and you’ll sometimes see the comment stream move almost in step with price when news breaks.
One tip from all this: do a history check before you size up the tail. Since 1976, the U.S. has had 20 shutdowns; the longest lasted 34 days. Today’s curve leans toward mid-November with some chance the shutdown ends after Nov 20, so the long tail is live without approaching record territory yet.
According to Kalshi, How Long Will the US Government Shutdown Actually Last?

(Updated Oct 22, 2025 from the live board)
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Current shutdown count: 21 days
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>35 days ≈ 67%
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>40 days ≈ 48% (rules: through 10:00 a.m. ET Nov 10)
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>45 days ≈ 35%
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Total shutdown-market volume: $17,695,419
Other Popular Kalshi Political Prediction Markets
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Congressional control and leadership timelines under court-cleared election contracts, as allowed by the CFTC framework.
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Appropriations and budget deadlines: continuing-resolution expirations and House/Senate vote windows that shape funding.
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Forward-dated races, including the California Governor cycle and 2028 presidential milestones listed per rules.
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Adjacent hedge: IPO probability contracts by year-end, a class Kalshi launched in July 2025.
These sit alongside other event contracts traders use to hedge rate moves, spending paths, and sector risk.
However, if you're looking for a break from politics, Kalshi lists pop culture markets as well, with Taylor Swift- and Rotten Tomatoes-related prediction markets in the mix.
Action Network’s Kalshi Government Shutdown Market Tips
The play here is simple: you’re trading event contracts on a federally regulated exchange where price equals probability. Liquidity is real (eight-figure trading volume today), so the board gives a clean read on trader expectations. The curve still leans toward mid-November for when the shutdown ends, with a live tail into late November.
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Read the spec, trade the clock. Settlement uses OPM notices and a 10:00 a.m. ET timestamp; that language decides winners, not headlines.
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Trade catalysts, not gut-feelings. CR votes, leadership statements, and agency or OMB guidance move contract prices; plan around those windows.
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Ladder dates for tails. If you’re playing risk past mid-November, spread positions across adjacent duration buckets and size to the tape.
In short, you’re trading a clear, time-stamped outcome on a regulated exchange, and today’s board gives you the tells: price as probability, catalysts on the calendar, and enough volume to trust the read.
Yes. Kalshi is a New York–based exchange that operates as a Commodity Futures Trading Commission-regulated contract market. It received approval in November 2020 and launched in 2021.
Open and fund an account, find the shutdown duration board, and place Yes/No orders at your price. Event contracts settle at $1 if the event happening matches the statement; otherwise $0. Liquidity comes from users and market makers, and contract prices reflect trader expectations in a real-time snapshot rather than formal forecasts. No operator links here.
Pricing leans that way. With >35 days around 67% and >40 days near 48%, Oct 31 (day 31) is favored. The curve still points to mid-November, and the >45-day line (~35%) implies roughly a one in three chance the shutdown ends after Nov 20.
You can earn interest on uninvested USD balances; trade PnL is separate from interest. Check the current rate in-account.
Many non-essential federal government services pause, and furloughed workers see pay delayed until funding resumes. Essential services and certain mandatory programs continue operating while Congress works toward a deal.
Yep. Beyond government shutdown markets, you’ll see election timelines permitted under CFTC rules, policy and budget deadlines, and leadership outcomes, plus adjacent contracts on future events like IPO probabilities. It’s an exchange product, not sports betting, but some bettors use these positions alongside market and rate hedges. Kalshi also announced international expansion in October 2025.