Polymarket vs. Kalshi
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See where the two biggest prediction markets disagree. Pick any two markets, or start from the biggest gaps below: prices, volume, history and the resolution rules, side by side.
Will the Federal Reserve hike rates by June 30, 2027?
Vol $615 today · $32.1K total
Kalshi is 32 points higher than Polymarket (92% vs 60%). Polymarket trades about 6.6× more volume today, so its price has more money behind it.
History starts when we first saw each market, so a newly added market has a short line.
| Polymarket | Kalshi | |
|---|---|---|
| Probability (Yes) | 60% | 92% |
| Change (24h) | -4.0 pt | -2.0 pt |
| Volume today | $4K | $615 |
| Total volume | $10.7K | $32.1K |
| Liquidity | $4.7K | — |
| Open interest | — | $21.4K |
| Resolves | 8mo | 8mo |
| Tracked for | 4 days | 14 days |
Resolution rules: read both before trusting a gap
Polymarket
This market will resolve to “Yes” if, according to the ISW map, Russia captures the train station in Orikhiv (47.559860° N, 35.786219° E), Zaporizhzhia Oblast, between market creation and the specified date, 11:59 PM ET. The train station will be considered captured if any part of the icon is shaded under a below specified layer on the ISW map (https://storymaps.arcgis.com/stories/36a7f6a6f5a9448496de641cf64bd375) by the resolution date. Otherwise, the market will resolve to “No”. For any change on the ISW map to qualify for this market’s resolution, the relevant shading must persist through the next full ISW daily update cycle. If ISW skips a day, shading must persist until the next finalized ISW update is published, regardless of the date. Any continuous shading under the following layers will qualify: - Assessed Russian-Controlled Terrain - Assessed Russian Advances Shading under the following layers will not qualify: - Assessed Russian Infiltration Areas - Claimed Russian Territory Once a qualifying condition is met, any subsequent loss of control will not be considered towards the resolution of this market. If Russia comes into control of the specified territory as a result of a negotiated settlement, this will qualify for a 'Yes' resolution, regardless of whether it is shaded under a qualifying layer on the ISW map. However, an announcement of a negotiated settleme…
Kalshi
If the Federal Reserve announces an increase in the target range or target level for the federal funds rate after market Issuance and on or before Jun 30, 2027, then the market resolves to Yes.
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Informational only — not financial advice. Odds are mirrored from each platform and may lag the live order book.