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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.

90 point gap — Kalshi says 5%, Polymarket says 95%.
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Kalshi Economy

Will the Federal Reserve cut rates by December 31, 2026?

5% – 0.5pt

Vol $0 today · $800 total

Change ×
Polymarket Economy

Will Anthropic IPO by December 31, 2026?

95% ▲ +1.5pt

Vol $12K today · $1.4M total

Polymarket is 90 points higher than Kalshi (95% vs 5%).

KalshiPolymarket
0%25%50%75%100%Oct 9Oct 28

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

KalshiPolymarket
Probability (Yes)5%95%
Change (24h)+0.5 pt+1.5 pt
Volume today$0$12K
Total volume$800$1.4M
Liquidity—$44.9K
Open interest$792—
Resolves64d64d
Tracked for19 days17 days
Resolution rules: read both before trusting a gap

Kalshi

If the Federal Open Market Committee announces a reduction in the target range for the federal funds rate at least once after market Issuance and on or before December 31, 2026, then the market resolves to Yes.

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Polymarket

This market will resolve to "Yes" if Anthropic shares are listed on a public securities exchange and open for trading by 11:59 PM ET on the listed date. Otherwise, this market will resolve to "No." If Anthropic is acquired by another company that is already public, this market will immediately resolve to "No." The primary resolution source for this market is official filings and announcements from Anthropic and the relevant securities exchange on which the shares are listed, including SEC filings (e.g., Form S-1, Form 8-A), exchange listing confirmations, and official press releases from Anthropic; however a consensus of credible reporting may also be used.

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Informational only — not financial advice. Odds are mirrored from each platform and may lag the live order book.