Prediction markets
Prediction markets, priced across every venue
No venue shows you its rival's price. We do. Here’s the same question on Polymarket and Kalshi.
- CFTC-regulated venues
- CoinStats is not a venue
- Every figure sourced
Both venuesSame question, two prices
Will the Republican Party control the House after the 2026 Midterm elections?
1¢ cheaper on Polymarket, before feesUpdated
Both venuesSame question, two prices
Falcons vs. Saints
Kickoff Mon, Oct 5, 8:15pm ET
1¢ cheaper on Polymarket, before feesUpdated
Both venuesSame question, two prices
Italy vs. Türkiye
Kickoff Mon, Oct 5, 2:45pm ET
Same priceUpdated
Both venuesSame question, two prices
Will the Democratic Party control the House after the 2026 Midterm elections?
2¢ cheaper on Kalshi, before feesUpdated
Both venuesSame question, two prices
Will Benjamin Netanyahu be the next Prime Minister of Israel?
2¢ cheaper on Kalshi, before feesUpdated
Markets
Most traded right now
The most traded markets right now. Where both Polymarket and Kalshi price one, you see each venue's price; the rest trade on a single venue.
Pro Baseball Champion
Polymarket · Kalshi$1.7M in 24h on Kalshi
Brazil Presidential election
Polymarket · Kalshi$5.6M in 24h, both venues
Bitcoin above what price on October 5
Polymarket$964K in 24h on Polymarket
Brazil presidential election: first round
Polymarket · Kalshi$5.7M in 24h, both venues
Next French Presidential Election
Polymarket$746K in 24h on Polymarket
Balance of Power: 2026 Midterms
Polymarket$742K in 24h on Polymarket
What will Trump say this week?
Kalshi$701K in 24h on Kalshi
MVP
Polymarket · Kalshi$636K in 24h on Kalshi
What prediction markets are
A question you can trade
A prediction market lists yes-or-no questions as contracts. Each pays $1 if the event happens and $0 if it doesn't, so its price is a probability: a contract at 62¢ says the market thinks there is a 62% chance.
What prediction markets are, explainedA price worth reading
On an exchange, Yes and No add up to about 100% and the venue charges a fee. A sportsbook quoting −110 on both sides adds up to 104.8% and keeps 4.5% of every dollar staked, whatever happens. That margin is why a market price reads as a forecast and a bookmaker's line doesn't.
Convert any odds to a probabilityHow it works
How prediction markets work
Pick a question
Every market is a yes-or-no question with a closing date and a named source that decides the answer.
Buy Yes or No
The price is the probability. Yes at 62¢ costs $0.62 and says the market thinks there is a 62% chance.
Get $1 if you're right
A correct contract pays $1.00 when the market settles and a wrong one pays nothing. You can also sell before then, at the current price.
$100 buys 161 Yes contracts at 62¢ ($99.82). If the answer is yes they pay $161.00, a $61.18 profit before fees. If it is no, they pay nothing.
Why CoinStats
What no single prediction market will show you
CoinStats isn't a venue, so it can put the same question side by side on several, and say where each one is open.
Price
The same question, priced differently
1¢ apart
On average, across the 8 busiest questions both Polymarket and Kalshi price right now, and 2¢ on “Will Benjamin Netanyahu be the next Prime Minister of Israel?”. Kalshi's Yes is the cheaper one on 2 of 8.
Kalshi vs Polymarket, comparedLegality
Where prediction markets are legal
17 states
have acted against sports contracts, restricting or contesting them, and the federal appeals courts have split on whether states may. Non-sports contracts on CFTC-regulated venues trade nationwide.
Prediction market legality by stateFees
What a trade actually costs
$2.00
in fees on $100 of a politics contract at 50¢ on Polymarket's international book, $3.48 on Polymarket US and $3.50 on Kalshi; at 95¢ the Polymarket figure is $0.20. Every published fee peaks on a coin flip and shrinks towards either end.
Prediction market fees, comparedSmart money
Whale and smart-money flow
Leaning yes
on “Will the Republicans win the Texas Senate race in 2026?”, from 5 flagged wallets. 2 of the 50 busiest Polymarket markets carry a directional signal.
Where the whales and smart money are positionedVenues
Prediction market platforms, compared
5 platforms are compared in full here, 2 of them with live prices, out of 15 apps we rank. Polymarket and Kalshi publish prices CoinStats compares live; DraftKings Predictions and Robinhood show live prices without an account; FanDuel Predicts keeps prices inside the app. The full ranking covers every app.
Dollars in and out, on a CFTC-regulated exchange
CFTC · Polymarket US: debit card, ACH, wire; international app: crypto, held as pUSD (Polygon) · 9,018 open questions · $81.0M traded in 24h
Dollars in and out, on a CFTC-regulated exchange
CFTC · ACH; RTP; debit card; Apple Pay; Google Pay; PayPal; Venmo; Cash App (deposits only); wire; crypto deposit · 11,804 open questions · $51.2M traded in 24h
Event contracts inside an app you may already use
CFTC · debit card; Apple Pay; online banking
By the numbers
Prediction markets by the numbers
Markets
Open questions right now
20,822
9,018 on Polymarket and 11,804 on Kalshi, across 9 categories. Sports has the most.
Prediction market odds by categoryVolume
Traded on Polymarket in 24 hours
$81.0M
Kalshi: $51.2M. Both venues count every contract traded at its $1 face value, so their figures compare directly. Polymarket's share of the two in the last 24 hours: 61.3%.
Prediction market volume by venueOutside the US
Where each venue is closed
55 countries
are restricted on Kalshi. Polymarket blocks 4 and limits 36 more to closing positions.
Prediction market availability by countryCourts
The latest court or regulator action
Sep 25, 2026
Kalshi · OH: The Sixth Circuit ruled against Kalshi in its appeals from Ohio and Tennessee, holding that its sports event contracts are not swaps under the Commodity Exchange Act, so state gaming law applies to them. 64 matters tracked.
Prediction market litigation trackerHow to choose a prediction market platform
Five checks before you open an account on any of them.
- Check it's open where you are. Sports contracts are contested in 17 states, and outside the US each venue keeps its own restricted list. By state · by country
- Work out what a trade costs. Fees peak at 50¢, and on a thin market the spread can cost more than the fee. Fees compared
- Compare the price before you buy. When both venues list a question, their prices often differ. Kalshi vs Polymarket
- Read how it settles. Two venues can word the same question differently and pay out differently. Resolution source
- Fund it the way the venue expects. Polymarket US takes debit card, ACH and wire; Kalshi takes bank, card, wire, wallet and crypto deposits. Every venue's funding
How we compare prediction market platforms
Every number here comes from a venue's own published data or public API, and each page links its source. Here venues are listed on facts; the app ranking scores them by a published method. CoinStats may earn a commission on venue links; no venue pays for placement.
Our methodologyTrading responsibly
An event contract can lose all of its value, and nothing on this site is advice. Only trade what you can afford to lose, and if trading stops feeling like a choice, free and confidential help is available around the clock.
Responsible tradingLearn more about prediction markets
What are prediction markets?
The $1-or-$0 contract, and why its price is a probability.
Prediction market glossary
30 terms, from bid and ask to settlement.
Odds converter
American, decimal and fractional odds as a probability.
Payout calculator
What a position pays after fees, and where it breaks even.
Find the prediction market platform that fits you
Compare every venue on the facts, then check it's open where you live.
Prediction market questions
What is a prediction market?
An exchange where you trade contracts on whether an event happens. Each contract pays $1 if it does and $0 if it does not, so its price, say 62¢, is the market’s probability.
Is a prediction market the same as betting?
Legally no: event contracts on a CFTC-regulated exchange are derivatives, settled against a stated source, and that classification is the basis of their legality. Several states dispute it for sports contracts specifically, and the appeals courts have split.
Which prediction market platforms are available in the US?
Polymarket, Kalshi, DraftKings Predictions, FanDuel Predicts, Robinhood. Polymarket and Kalshi publish prices CoinStats compares live; DraftKings Predictions and Robinhood show live prices without an account; FanDuel Predicts keeps prices inside the app.
Are prediction markets legal in every state?
Non-sports contracts on CFTC-regulated venues trade nationwide. Sports contracts are contested: 17 states have acted against them, and the federal appeals courts have split on whether states may.
How do prediction market venues make money?
From trading fees. The venues that publish a schedule charge a fee that is largest at 50¢ and shrinks towards either end; on Polymarket only the taker pays.
What is the most I can lose on a contract?
What you paid for it, plus fees. A contract that resolves against you settles at $0.
Can I sell before the event happens?
Yes. Contracts trade until the market closes, so you can sell at the current price, at a profit or a loss, instead of waiting for the result.
Why do two venues show different prices for the same question?
They are separate order books with different traders, fees and settlement wording. Across the 8 busiest questions both list right now, the Yes price differs by 1¢ on average.
How fresh are these prices?
Each cross-venue price carries the time it was last fetched from the venue, shown with it on the odds pages. Catalog prices come from a sync and can lag the live book by a few points.
CoinStats may earn a commission on links to venues. Event contracts are financial derivatives regulated as such, not wagers, and trading them involves risk of loss. Prices shown are indicative and may differ from the venue at execution.