{
  "_notice": {
    "type": "free_key_offer",
    "message": "Free and anonymous access is staying. If this endpoint is in your pipeline, a free key adds advance notice before any schema change or deprecation. POST /v1/keys {\"email\": \"you@firm.com\"} — nothing else required. Something broken or missing? hello@clearmarket.fyi reaches a human.",
    "docs": "https://clearmarket.fyi/for-data/",
    "policy": "This field is additive and its shape will not change."
  },
  "event_id": "CM-EVT-2N7KRSFCZ7",
  "slug": "kxb200ms-27jan",
  "question": "Will NVIDIA B200 have an average hourly price in January 2027?",
  "category": "financials",
  "event_type": "BINARY",
  "ladder_distribution": null,
  "tags": [
    "financials",
    "nvidia-b200",
    "gpu-pricing",
    "compute-infrastructure",
    "financial-markets",
    "2027"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "These markets track the monthly average hourly compute price of NVIDIA's B200 GPU in January 2027. Kalshi structures this as a strike ladder, with eight binary thresholds ranging from $3.00 to $7.00 per hour. Taken together, the ladder implies a market-derived probability distribution over the B200's spot compute rate. Resolution follows Kalshi staff determination using pricing data sourced from Ornn.",
  "venues_covered": [
    "kalshi"
  ],
  "primary_market_id": "CM-MKT-15B8ZGKQ63",
  "current_primary_mark": {
    "last_price": 0.57,
    "implied_probability": 0.57
  },
  "created_at": "2026-07-23T21:11:14.426158+00:00",
  "updated_at": "2026-07-23T21:11:14.426158+00:00",
  "markets": [
    {
      "market_id": "CM-MKT-T4GV0SS782",
      "event_id": "CM-EVT-2N7KRSFCZ7",
      "platform": "kalshi",
      "platform_market_id": "KXB200MS-27JAN-3.00",
      "question": "Will the monthly average compute price of NVIDIA's B200 be above $3.00 in January 2027?",
      "description": "Above $3.00",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above $3.00: Kalshi staff determination of the named semiconductor product's monthly average compute price from Ornn dashboard data, resolved by February 8, 2027.",
      "close_at": "2027-02-01T04:59:59Z",
      "resolve_at": "2027-02-08T04:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the average value of NVIDIA B200 compute per hour is above $3 in January 2027, then the market resolves to Yes.\n\nThe market resolves based on the average value of NVIDIA B200 compute per hour in January 2027, calculated as the arithmetic mean of hourly values reported by Ornn.\n\nRevisions to the underlying made after expiration will not be accounted for. The \"USD\" iteration of the index will be used unless explicitly stated otherwise. Values are rounded to two decimal places unless otherwise specified.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Ornn",
        "source_status": "platform_named",
        "source_citation": "https://dashboard.ornnai.com/compute",
        "sources": [
          {
            "name": "Ornn",
            "url": "https://dashboard.ornnai.com/compute",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Ornn",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "committed_secondhand",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 59,
        "caps": [
          "commitment_committed_secondhand"
        ],
        "applied_factors": 6
      },
      "last_price": 0.78,
      "implied_probability": 0.78,
      "volume_24h_usd": 0,
      "volume_total_usd": 55.38,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 3,
      "question_id": "CMX-07673B29B0",
      "also_on": null,
      "tags": [
        "b200",
        "compute",
        "january-2027",
        "nvidia",
        "nvidia b200 average",
        "price"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-YD0RB0Z1D7",
      "event_id": "CM-EVT-2N7KRSFCZ7",
      "platform": "kalshi",
      "platform_market_id": "KXB200MS-27JAN-3.50",
      "question": "Will the monthly average compute price of NVIDIA's B200 be above $3.50 in January 2027?",
      "description": "Above $3.50",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above $3.50: Kalshi staff determination of the named semiconductor product's monthly average compute price from Ornn dashboard data, resolved by February 8, 2027.",
      "close_at": "2027-02-01T04:59:59Z",
      "resolve_at": "2027-02-08T04:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the average value of NVIDIA B200 compute per hour is above $3.5 in January 2027, then the market resolves to Yes.\n\nThe market resolves based on the average value of NVIDIA B200 compute per hour in January 2027, calculated as the arithmetic mean of hourly values reported by Ornn.\n\nRevisions to the underlying made after expiration will not be accounted for. The \"USD\" iteration of the index will be used unless explicitly stated otherwise. Values are rounded to two decimal places unless otherwise specified.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Ornn",
        "source_status": "platform_named",
        "source_citation": "https://dashboard.ornnai.com/compute",
        "sources": [
          {
            "name": "Ornn",
            "url": "https://dashboard.ornnai.com/compute",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Ornn",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "committed_secondhand",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 59,
        "caps": [
          "commitment_committed_secondhand"
        ],
        "applied_factors": 6
      },
      "last_price": 0.75,
      "implied_probability": 0.75,
      "volume_24h_usd": 0,
      "volume_total_usd": 1120.5,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 3.5,
      "question_id": "CMX-8E4866D8CC",
      "also_on": null,
      "tags": [
        "b200",
        "compute",
        "january-2027",
        "nvidia",
        "nvidia b200 average",
        "price"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-KV44KN89W2",
      "event_id": "CM-EVT-2N7KRSFCZ7",
      "platform": "kalshi",
      "platform_market_id": "KXB200MS-27JAN-4.000",
      "question": "Will the monthly average compute price of NVIDIA's B200 be above $4.00 in January 2027?",
      "description": "Above $4.00",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above $4.00: Kalshi staff determination of the named semiconductor product's monthly average compute price from Ornn dashboard data, resolved by February 8, 2027.",
      "close_at": "2027-02-01T04:59:59Z",
      "resolve_at": "2027-02-08T04:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the average value of NVIDIA B200 compute per hour is above $4 in January 2027, then the market resolves to Yes.\n\nThe market resolves based on the average value of NVIDIA B200 compute per hour in January 2027, calculated as the arithmetic mean of hourly values reported by Ornn.\n\nRevisions to the underlying made after expiration will not be accounted for. The \"USD\" iteration of the index will be used unless explicitly stated otherwise. Values are rounded to two decimal places unless otherwise specified.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Ornn",
        "source_status": "platform_named",
        "source_citation": "https://dashboard.ornnai.com/compute",
        "sources": [
          {
            "name": "Ornn",
            "url": "https://dashboard.ornnai.com/compute",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Ornn",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "committed_secondhand",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 59,
        "caps": [
          "commitment_committed_secondhand"
        ],
        "applied_factors": 6
      },
      "last_price": 0.53,
      "implied_probability": 0.53,
      "volume_24h_usd": 0,
      "volume_total_usd": 61.480000000000004,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 4,
      "question_id": "CMX-2CF93B4F9E",
      "also_on": null,
      "tags": [
        "b200",
        "compute",
        "january-2027",
        "nvidia",
        "nvidia b200 average",
        "price"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-K6DYZ427C8",
      "event_id": "CM-EVT-2N7KRSFCZ7",
      "platform": "kalshi",
      "platform_market_id": "KXB200MS-27JAN-4.500",
      "question": "Will the monthly average compute price of NVIDIA's B200 be above $4.50 in January 2027?",
      "description": "Above $4.50",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above $4.50: Kalshi staff determination of the named semiconductor product's monthly average compute price from Ornn dashboard data, resolved by February 8, 2027.",
      "close_at": "2027-02-01T04:59:59Z",
      "resolve_at": "2027-02-08T04:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the average value of NVIDIA B200 compute per hour is above $4.5 in January 2027, then the market resolves to Yes.\n\nThe market resolves based on the average value of NVIDIA B200 compute per hour in January 2027, calculated as the arithmetic mean of hourly values reported by Ornn.\n\nRevisions to the underlying made after expiration will not be accounted for. The \"USD\" iteration of the index will be used unless explicitly stated otherwise. Values are rounded to two decimal places unless otherwise specified.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Ornn",
        "source_status": "platform_named",
        "source_citation": "https://dashboard.ornnai.com/compute",
        "sources": [
          {
            "name": "Ornn",
            "url": "https://dashboard.ornnai.com/compute",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Ornn",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "committed_secondhand",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 59,
        "caps": [
          "commitment_committed_secondhand"
        ],
        "applied_factors": 6
      },
      "last_price": 0.69,
      "implied_probability": 0.69,
      "volume_24h_usd": 0,
      "volume_total_usd": 564.42,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 4.5,
      "question_id": "CMX-8A237EA723",
      "also_on": null,
      "tags": [
        "b200",
        "compute",
        "january-2027",
        "nvidia",
        "nvidia b200 average",
        "price"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-23J34MK4Y7",
      "event_id": "CM-EVT-2N7KRSFCZ7",
      "platform": "kalshi",
      "platform_market_id": "KXB200MS-27JAN-5.000",
      "question": "Will the monthly average compute price of NVIDIA's B200 be above $5.00 in January 2027?",
      "description": "Above $5.00",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above $5.00: Kalshi staff determination of the named semiconductor product's monthly average compute price from Ornn dashboard data, resolved by February 8, 2027.",
      "close_at": "2027-02-01T04:59:59Z",
      "resolve_at": "2027-02-08T04:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the average value of NVIDIA B200 compute per hour is above $5 in January 2027, then the market resolves to Yes.\n\nThe market resolves based on the average value of NVIDIA B200 compute per hour in January 2027, calculated as the arithmetic mean of hourly values reported by Ornn.\n\nRevisions to the underlying made after expiration will not be accounted for. The \"USD\" iteration of the index will be used unless explicitly stated otherwise. Values are rounded to two decimal places unless otherwise specified.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Ornn",
        "source_status": "platform_named",
        "source_citation": "https://dashboard.ornnai.com/compute",
        "sources": [
          {
            "name": "Ornn",
            "url": "https://dashboard.ornnai.com/compute",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Ornn",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "committed_secondhand",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 59,
        "caps": [
          "commitment_committed_secondhand"
        ],
        "applied_factors": 6
      },
      "last_price": 0.64,
      "implied_probability": 0.64,
      "volume_24h_usd": 0,
      "volume_total_usd": 325.12,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 5,
      "question_id": "CMX-C184678479",
      "also_on": null,
      "tags": [
        "b200",
        "compute",
        "january-2027",
        "nvidia",
        "nvidia b200 average",
        "price"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-15B8ZGKQ63",
      "event_id": "CM-EVT-2N7KRSFCZ7",
      "platform": "kalshi",
      "platform_market_id": "KXB200MS-27JAN-5.500",
      "question": "Will the monthly average compute price of NVIDIA's B200 be above $5.50 in January 2027?",
      "description": "Above $5.50",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above $5.50: Kalshi staff determination of the named semiconductor product's monthly average compute price from Ornn dashboard data, resolved by February 8, 2027.",
      "close_at": "2027-02-01T04:59:59Z",
      "resolve_at": "2027-02-08T04:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the average value of NVIDIA B200 compute per hour is above $5.5 in January 2027, then the market resolves to Yes.\n\nThe market resolves based on the average value of NVIDIA B200 compute per hour in January 2027, calculated as the arithmetic mean of hourly values reported by Ornn.\n\nRevisions to the underlying made after expiration will not be accounted for. The \"USD\" iteration of the index will be used unless explicitly stated otherwise. Values are rounded to two decimal places unless otherwise specified.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Ornn",
        "source_status": "platform_named",
        "source_citation": "https://dashboard.ornnai.com/compute",
        "sources": [
          {
            "name": "Ornn",
            "url": "https://dashboard.ornnai.com/compute",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Ornn",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "committed_secondhand",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 59,
        "caps": [
          "commitment_committed_secondhand"
        ],
        "applied_factors": 6
      },
      "last_price": 0.57,
      "implied_probability": 0.57,
      "volume_24h_usd": 0,
      "volume_total_usd": 1908.9299999999998,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 5.5,
      "question_id": "CMX-3341F87399",
      "also_on": null,
      "tags": [
        "b200",
        "compute",
        "january-2027",
        "nvidia",
        "nvidia b200 average",
        "price"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-0967N3PC18",
      "event_id": "CM-EVT-2N7KRSFCZ7",
      "platform": "kalshi",
      "platform_market_id": "KXB200MS-27JAN-6.000",
      "question": "Will the monthly average compute price of NVIDIA's B200 be above $6.00 in January 2027?",
      "description": "Above $6.00",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above $6.00: Kalshi staff determination of the named semiconductor product's monthly average compute price from Ornn dashboard data, resolved by February 8, 2027.",
      "close_at": "2027-02-01T04:59:59Z",
      "resolve_at": "2027-02-08T04:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the average value of NVIDIA B200 compute per hour is above $6 in January 2027, then the market resolves to Yes.\n\nThe market resolves based on the average value of NVIDIA B200 compute per hour in January 2027, calculated as the arithmetic mean of hourly values reported by Ornn.\n\nRevisions to the underlying made after expiration will not be accounted for. The \"USD\" iteration of the index will be used unless explicitly stated otherwise. Values are rounded to two decimal places unless otherwise specified.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Ornn",
        "source_status": "platform_named",
        "source_citation": "https://dashboard.ornnai.com/compute",
        "sources": [
          {
            "name": "Ornn",
            "url": "https://dashboard.ornnai.com/compute",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Ornn",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "committed_secondhand",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 59,
        "caps": [
          "commitment_committed_secondhand"
        ],
        "applied_factors": 6
      },
      "last_price": 0.56,
      "implied_probability": 0.56,
      "volume_24h_usd": 0,
      "volume_total_usd": 270.48,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 6,
      "question_id": "CMX-542ED30313",
      "also_on": null,
      "tags": [
        "b200",
        "compute",
        "january-2027",
        "nvidia",
        "nvidia b200 average",
        "price"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-YS6M08XKT6",
      "event_id": "CM-EVT-2N7KRSFCZ7",
      "platform": "kalshi",
      "platform_market_id": "KXB200MS-27JAN-6.500",
      "question": "Will the monthly average compute price of NVIDIA's B200 be above $6.50 in January 2027?",
      "description": "Above $6.50",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above $6.50: Kalshi staff determination of the named semiconductor product's monthly average compute price from Ornn dashboard data, resolved by February 8, 2027.",
      "close_at": "2027-02-01T04:59:59Z",
      "resolve_at": "2027-02-08T04:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the average value of NVIDIA B200 compute per hour is above $6.5 in January 2027, then the market resolves to Yes.\n\nThe market resolves based on the average value of NVIDIA B200 compute per hour in January 2027, calculated as the arithmetic mean of hourly values reported by Ornn.\n\nRevisions to the underlying made after expiration will not be accounted for. The \"USD\" iteration of the index will be used unless explicitly stated otherwise. Values are rounded to two decimal places unless otherwise specified.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Ornn",
        "source_status": "platform_named",
        "source_citation": "https://dashboard.ornnai.com/compute",
        "sources": [
          {
            "name": "Ornn",
            "url": "https://dashboard.ornnai.com/compute",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Ornn",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "committed_secondhand",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 59,
        "caps": [
          "commitment_committed_secondhand"
        ],
        "applied_factors": 6
      },
      "last_price": 0.53,
      "implied_probability": 0.53,
      "volume_24h_usd": 0,
      "volume_total_usd": 1569.8600000000001,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 6.5,
      "question_id": "CMX-6A267E7AEC",
      "also_on": null,
      "tags": [
        "b200",
        "compute",
        "january-2027",
        "nvidia",
        "nvidia b200 average",
        "price"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-3H1TVCF6F3",
      "event_id": "CM-EVT-2N7KRSFCZ7",
      "platform": "kalshi",
      "platform_market_id": "KXB200MS-27JAN-7.000",
      "question": "Will the monthly average compute price of NVIDIA's B200 be above $7.00 in January 2027?",
      "description": "Above $7.00",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above $7.00: Kalshi staff determination of the named semiconductor product's monthly average compute price from Ornn dashboard data, resolved by February 8, 2027.",
      "close_at": "2027-02-01T04:59:59Z",
      "resolve_at": "2027-02-08T04:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the average value of NVIDIA B200 compute per hour is above $7 in January 2027, then the market resolves to Yes.\n\nThe market resolves based on the average value of NVIDIA B200 compute per hour in January 2027, calculated as the arithmetic mean of hourly values reported by Ornn.\n\nRevisions to the underlying made after expiration will not be accounted for. The \"USD\" iteration of the index will be used unless explicitly stated otherwise. Values are rounded to two decimal places unless otherwise specified.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Ornn",
        "source_status": "platform_named",
        "source_citation": "https://dashboard.ornnai.com/compute",
        "sources": [
          {
            "name": "Ornn",
            "url": "https://dashboard.ornnai.com/compute",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Ornn",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "committed_secondhand",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 59,
        "caps": [
          "commitment_committed_secondhand"
        ],
        "applied_factors": 6
      },
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