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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.

15 point gap — Kalshi says 24%, Polymarket says 10%.
Change ×
Kalshi Economy

Will the Federal Reserve cut rates by June 30, 2027?

24% – 0.5pt

Vol $1 today · $235 total

Change ×
Polymarket Politics

Putin out as President of Russia by June 30, 2027?

10% – 0.0pt

Vol $1.7K today · $663.4K total

Kalshi is 15 points higher than Polymarket (24% vs 10%). Polymarket trades about 1379.2× more volume today, so its price has more money behind it.

KalshiPolymarket
5%11%18%24%30%Oct 9Oct 22

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

KalshiPolymarket
Probability (Yes)24%10%
Change (24h)+0.5 pt+0.0 pt
Volume today$1$1.7K
Total volume$235$663.4K
Liquidity—$157.2K
Open interest$227—
Resolves8mo8mo
Tracked for13 days13 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 June 30, 2027, then the market resolves to Yes.

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Polymarket

This market will resolve to “Yes” if Vladimir Putin ceases to be President of Russia for any period of time between market creation and the specified date (ET). Otherwise, this market will resolve to “No”. An announcement of Vladimir Putin's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect. If the specified individual is detained, effectively removed from the specified position, or otherwise permanently prevented from fulfilling the duties of the specified position within this market’s timeframe, it will qualify for a “Yes” resolution. The resolution source for this market will be official information from Vladimir Putin and the government of Russia; 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.