Compare › Kalshi vs Polymarket odds

Kalshi vs Polymarket odds today

Snapshot October 8, 2026 at 13:44 UTC · refreshed twice a day

On 13 events listed on both exchanges, Kalshi and Polymarket prices were 1.2 points apart on average per outcome (October 8, 2026 at 13:44 UTC). The widest gap: Which party wins the 2028 presidential election, Republicans at 42% on Kalshi and 34% on Polymarket. Check both order books and both fees before acting on a gap.

Events on both exchanges

Fed decision in October 2026

Kalshi event KXFEDDECISION-26OCT

OutcomeKalshiPolymarketKalshi minus Polymarket
No change82%84%-1.5 pts
Hike 25 bp16%16%0 pts
Cut 50 bp or more1.0%<1%+0.9 pts
Cut 25 bp1.0%<1%+0.6 pts
Hike 50 bp or more1.0%<1%+0.7 pts

Fed decision in December 2026

Kalshi event KXFEDDECISION-26DEC

OutcomeKalshiPolymarketKalshi minus Polymarket
Hike 25 bp74%76%-2.0 pts
No change25%22%+2.5 pts
Hike 50 bp or more2.5%2.9%-0.3 pts
Cut 25 bp2.5%1.1%+1.5 pts
Cut 50 bp or more1.0%<1%+0.7 pts

Which party wins the House in 2026

Kalshi event CONTROLH-2026

OutcomeKalshiPolymarketKalshi minus Polymarket
Democrats90%90%-0.5 pts
Republicans10%9.5%+1.0 pts

Which party wins the Senate in 2026

Kalshi event CONTROLS-2026

OutcomeKalshiPolymarketKalshi minus Polymarket
Democrats62%64%-1.0 pts
Republicans38%36%+2.0 pts

Which party wins the 2028 presidential election

Kalshi event KXPRESPARTY-2028

OutcomeKalshiPolymarketKalshi minus Polymarket
Democrats58%64%-6.0 pts
Republicans42%34%+7.0 pts

Brazil presidential election winner

Kalshi event KXBRPRES-26

OutcomeKalshiPolymarketKalshi minus Polymarket
Flávio Bolsonaro84%84%+0.5 pts
Luiz Inácio Lula da Silva16%16%+1.0 pts

Pro football champion (2026-27 season)

Kalshi event KXSB-27

OutcomeKalshiPolymarketKalshi minus Polymarket
Los Angeles Rams12%12%-1.0 pts
Buffalo Bills10%12%-1.0 pts
Kansas City Chiefs9.5%9.8%-0.3 pts
San Francisco 49ers9.5%9.8%-0.3 pts
Seattle Seahawks8.5%7.5%+1.0 pts
Baltimore Ravens7.5%7.8%-0.4 pts
Jacksonville Jaguars5.5%5.9%-0.4 pts
Chicago Bears4.5%5.0%-0.5 pts
Cincinnati Bengals3.5%3.9%-0.3 pts
Dallas Cowboys3.5%3.6%-0.1 pts

World Series 2026 champion

Kalshi event KXMLB-26

OutcomeKalshiPolymarketKalshi minus Polymarket
Los Angeles Dodgers44%43%+0.7 pts
Milwaukee Brewers24%23%+0.9 pts
Tampa Bay Rays22%23%-0.8 pts
Cleveland Guardians3.0%2.8%+0.2 pts

NBA champion 2027

Kalshi event KXNBA-27

OutcomeKalshiPolymarketKalshi minus Polymarket
San Antonio Spurs22%22%-1.0 pts
Oklahoma City Thunder22%18%+3.0 pts
New York Knicks8.5%12%-4.0 pts
Philadelphia 76ers12%11%+1.4 pts
Miami Heat6.5%3.8%+2.8 pts
Minnesota Timberwolves6.5%5.3%+1.2 pts
Boston Celtics4.5%4.5%0 pts
Los Angeles Lakers3.5%2.1%+1.4 pts
Toronto Raptors2.5%3.2%-0.8 pts
Detroit Pistons1.5%3.1%-1.7 pts

Stanley Cup 2027

Kalshi event KXNHL-27

OutcomeKalshiPolymarketKalshi minus Polymarket
Colorado Avalanche12%12%0 pts
Florida Panthers10%8.5%+2.0 pts
Carolina Hurricanes9.5%9.5%0 pts
Edmonton Oilers8.5%8.5%0 pts
Vegas Golden Knights7.5%8.5%-1.0 pts
Minnesota Wild6.5%4.8%+1.8 pts
Tampa Bay Lightning5.5%6.5%-1.0 pts
Montreal Canadiens4.5%5.5%-1.1 pts
Dallas Stars5.5%5.5%0 pts
Washington Capitals5.5%4.0%+1.6 pts

Champions League 2027 winner

Kalshi event KXUCL-27

OutcomeKalshiPolymarketKalshi minus Polymarket
Barcelona26%22%+3.0 pts
Bayern Munich14%14%0 pts
Arsenal14%14%0 pts
Real Madrid10%10%0 pts
Manchester City6.0%6.5%-0.5 pts
Liverpool3.5%4.5%-1.0 pts
Inter Milan2.5%2.4%+0.2 pts
Manchester United1.5%2.3%-0.8 pts
Atlético Madrid1.5%1.9%-0.5 pts
Aston Villa1.5%0.9%+0.5 pts

Will Anthropic or OpenAI IPO first

Kalshi event KXOAIANTH-40

OutcomeKalshiPolymarketKalshi minus Polymarket
Anthropic94%96%-2.2 pts
OpenAI6.0%3.9%+2.1 pts

US recession by the end of 2026

Kalshi event KXRECSSNBER-26

The rules differ: Polymarket resolves Yes on two negative GDP quarters or an NBER recession call; Kalshi counts only two consecutive negative GDP quarters.

OutcomeKalshiPolymarketKalshi minus Polymarket
Yes4.5%6.5%-2.0 pts

Prices are bid/ask midpoints on each exchange at the same moment, before fees. Data: Polymarket View's Kalshi comparison (CC BY 4.0), a sister site; how big the gaps get over time: price-gap study. Current availability, prices, close time, fees, and settlement wording must be verified on Kalshi directly before trading.

What a gap has to beat

A Kalshi taker order pays round up(0.07 x C x P x (1 - P)): $1.75 on 100 contracts at 50 cents, see the Kalshi fee calculator. Polymarket charges its own fee by market category. Add both spreads and the months your money sits until the event settles, and most gaps of a few points are gone. How good each exchange's prices are over time: how accurate Kalshi is.

Frequently asked questions

Why do Kalshi and Polymarket show different odds for the same event?

They are separate order books with different traders, fees and access rules, and their contracts can resolve on slightly different wording, so prices drift apart; traders who buy on one and sell on the other pull them back together.

Can you arbitrage Kalshi and Polymarket?

Only when the gap is bigger than the costs: Kalshi's taker fee, Polymarket's fee on that market, the spread on both books and the capital tied up until the event resolves. Most gaps on this page are a few points, which those costs usually wipe out.

How often is this comparison updated?

Twice a day, from the matched-event snapshot Polymarket View publishes; both prices on a row are bid/ask midpoints taken at the same moment.