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Polymarket vs Kalshi

Two very different prediction markets. We normalize both so you can read the same outcome side by side — and spot where they disagree.

Cached · regenerated hourly
DimensionPolymarketKalshi
Tracked events33
Tracked volume$8.1M$3.9M
Avg. spread1.2%2.0%
SettlementOn-chain · USDCRegulated · USD
Top categoriesMonetary policy, Crypto regulationInflation, Geopolitics, US politics

Probability divergences

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OutcomePolymarketKalshiGapRead
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FAQ

Frequently asked questions

What is the difference between Polymarket and Kalshi?

Both are prediction markets where prices reflect implied probabilities of future events. They differ in coverage, regulation and market structure. ProMarkets tracks probability shifts on both and explains what they may mean for assets — we are not affiliated with either and do not link to trade.

Does ProMarkets let me trade on Polymarket or Kalshi?

No. ProMarkets is a market-research and intelligence layer. We do not offer trading, trade buttons, or affiliate links to either venue.

How often is the comparison updated?

Our global market data is refreshed on an hourly cache so every visitor sees the same up-to-date view.

ProMarkets provides market intelligence, summaries, scenarios and impact analysis on assets or watchlists defined by the user. It does not assess the suitability or appropriateness of transactions for any specific person, does not execute orders, and does not provide personalized investment advice.