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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.

21 point gap — Polymarket says 35%, Kalshi says 14%.
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Polymarket Politics

Ukraine peace referendum scheduled by December 31, 2027?

35% – 0.0pt

Vol $0 today · $0 total

Change ×
Kalshi

Pandemic by Dec 31, 2027?

14% – 0.5pt

Vol $336 today · $13K total

Polymarket is 21 points higher than Kalshi (35% vs 14%).

PolymarketKalshi
0%10%20%30%40%Oct 11Nov 10

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

PolymarketKalshi
Probability (Yes)35%14%
Change (24h)+0.0 pt-0.5 pt
Volume today$0$336
Total volume$0$13K
Liquidity$1.3K—
Open interest—$6.5K
Resolves14mo14mo
Tracked for2 hours32 days
Resolution rules: read both before trusting a gap

Polymarket

This market will resolve to “Yes” if a peace referendum on the Russo-Ukrainian war is officially scheduled in Ukraine by December 31, 2027, 11:59 PM ET. Otherwise, this market will resolve to “No”. A peace referendum for the Russo-Ukrainian war refers to any nationwide vote relating to peace in the Russo-Ukrainian war or over a peace deal to end the war. A qualifying referendum will be considered to be scheduled once a date for the referendum to take place has been officially scheduled and publicly announced by a relevant Ukrainian government authority with the legal jurisdiction to do so. Once a qualifying referendum has been scheduled, this market will resolve to “Yes.” Subsequent legal challenges or other challenges to the legitimacy of the referendum will not affect resolution of this market. The primary resolution source for this market will be official information from the government of Ukraine; however, a consensus of credible reporting may also be used.

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Kalshi

If the WHO identifies any disease as a pandemic after issuance and by Dec 31, 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.