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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.

8 point gap — Polymarket says 11%, Kalshi says 3%.
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Polymarket Politics

Will Gavin Newsom win the 2028 US Presidential Election?

11% ▼ 1.2pt

Vol $17.4K today · $18.8M total

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Kalshi Politics

Will Gavin Newsom and Gretchen Whitmer be the 2028 Democratic Presidential ticket?

3% – 0.4pt

Vol $100 today · $279 total

Polymarket is 8 points higher than Kalshi (11% vs 3%). Polymarket trades about 173.6× more volume today, so its price has more money behind it.

PolymarketKalshi
0%5%10%15%20%Oct 9Oct 28

History starts when we first saw each market, so a newly added market has a short line.

PolymarketKalshi
Probability (Yes)11%3%
Change (24h)-1.2 pt-0.4 pt
Volume today$17.4K$100
Total volume$18.8M$279
Liquidity$354.4K—
Open interest—$267
Resolves25mo25mo
Tracked for19 days19 days
Resolution rules: read both before trusting a gap

Polymarket

The 2028 US Presidential Election is scheduled to take place on November 7, 2028. This market will resolve to the person who wins the 2028 US Presidential Election. The resolution source for this market is the Associated Press, Fox News, and NBC. This market will resolve once all three sources call the race for the same candidate. If all three sources haven’t called the race for the same candidate by the inauguration date (January 20, 2029) this market will resolve based on who is inaugurated.

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Kalshi

If the Democratic presidential nominee is Gavin Newsom AND the Democratic vice presidential nominee is Gretchen Whitmer in the 2028 presidential election, 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.