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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.

31 point gap — Polymarket says 1%, Kalshi says 32%.
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Polymarket Politics

Will Zohran Mamdani announce a Presidential run before 2027?

1% – 0.0pt

Vol $1.8K today · $40.1K total

Kalshi is 31 points higher than Polymarket (32% vs 1%). Polymarket trades about 18× more volume today, so its price has more money behind it. They resolve on different dates (Jan 1 vs Jan 1), so they may not be exactly the same bet.

PolymarketKalshi
0%10%20%30%40%Oct 9Nov 6

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

PolymarketKalshi
Probability (Yes)1%32%
Change (24h)+0.0 pt-3.5 pt
Volume today$1.8K$102
Total volume$40.1K$1.7K
Liquidity$19.1K—
Open interest—$339
Resolves55d38mo
Tracked for42 hours28 days
Resolution rules: read both before trusting a gap

Polymarket

This market will resolve to “Yes” if the listed individual officially announces that they are running for U.S. President in the 2028 United States presidential election by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. An announcement by the listed individual will be sufficient to trigger a "Yes" resolution, regardless of whether they actually filed a nomination to run, or whether they actually file a nomination to run in the future. The primary resolution source for this market will be official statements by the listed individual (ex: via speech, social media, etc.), however a consensus of credible reporting may also be used.

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Kalshi

If Zohran Mamdani leaves as Mayor of New York City before Jan 1, 2030, 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.