Kalshi market

Kalshi 2028 Republican presidential nominee odds

On Kalshi, the favourite is J.D. Vance, at 45%. The market settles by Nov 7, 2028, and $171K traded in the last 24 hours. Each contract pays $1 if it is right, so 45¢ reads as a 45% chance. Polymarket lists it too, and we compare the two prices below.

Trade on Kalshi

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Also on Polymarket: Polymarket's page

Kalshi · odds · updated

J.D. Vance45%
Marco Rubio18%
Ron DeSantis4%
Donald J. Trump Jr.3%
Tucker Carlson2%

All 39 outcomes ↓

Also priced on Polymarket: 3 questions compared ↓

$171K
24h volume on Kalshi
$68.4M
total volume on Kalshi
$45.7M
open interest
Nov 7, 2028
settles

Kalshi odds on every outcome

Kalshi odds on each outcome of 2028 Republican presidential nominee
OutcomeChanceYes price24h volume
J.D. Vance45%45¢$7KTrade
Marco Rubio18%18¢$27KTrade
Ron DeSantis4%4¢$17KTrade
Donald J. Trump Jr.3%3¢$6KTrade
Tucker Carlson2%2¢$7KTrade
Donald J. Trump2%2¢$5KTrade
Ted Cruz compare 2%2¢$30KTrade
Brian Kemp1%1¢$29KTrade
Ivanka Trump1%1¢$11Trade
Glenn Youngkin1%1¢$11KTrade
Show 29 more outcomes
Kalshi odds on each outcome of 2028 Republican presidential nominee
OutcomeChanceYes price24h volume
Thomas Massie1%1¢$1KTrade
Marjorie Taylor Greene1%1¢$0Trade
Josh Hawley1%1¢$12KTrade
Rand Paul1%1¢$10KTrade
Greg Abbott1%1¢$231Trade
Sarah Huckabee Sanders compare 1%1¢$0Trade
Chris Christie1%1¢$1KTrade
Vivek Ramaswamy1%1¢$144Trade
Katie Britt1%1¢$0Trade
Spencer Pratt1%1¢$0Trade
Jeff Bezos1%1¢$0Trade
Candace Owens1%1¢$0Trade
Lara Trump1%1¢$0Trade
Robert F. Kennedy Jr.<1%<1¢$934Trade
Byron Donalds<1%<1¢$0Trade
Pete Hegseth<1%<1¢$0Trade
Nikki Haley compare <1%<1¢$1KTrade
Tom Cotton<1%<1¢$231Trade
Eric Trump<1%<1¢$0Trade
Mike Pence<1%<1¢$0Trade
Steve Bannon<1%<1¢$0Trade
Tulsi Gabbard<1%<1¢$4KTrade
Nicki Minaj<1%<1¢$0Trade
Elise Stefanik<1%<1¢$0Trade
John Thune<1%<1¢$0Trade
Elon Musk<1%<1¢$0Trade
Matt Gaetz<1%<1¢$0Trade
Erika Kirk<1%<1¢$916Trade
Kristi Noem<1%<1¢$0Trade

Chance is each outcome's Yes price on Kalshi. A Yes contract at 45¢ pays $1 if that outcome wins.

Kalshi vs Polymarket on these questions

The same questions on both venues. When the prices differ, the cheaper side costs you less for the same payout.

Will Ted Cruz win the 2028 Republican presidential nomination?

Yes: Will Ted Cruz win the 2028 Republican presidential nomination?: price on each venue, the fee, 24h volume and liquidity, with a link to trade
VenueYesNoFee24h volumeLiquidity
Polymarket2¢98¢0.1¢$588$757KTrade →
Kalshi2¢98¢0.1¢$30K–Trade →
Updated Fee: the taker fee on one contract at the price shown, as each venue publishes it; Polymarket's is its international book, Polymarket US charges its own.

Will Sarah Huckabee Sanders win the 2028 Republican presidential nomination?

Yes: Will Sarah Huckabee Sanders win the 2028 Republican presidential nomination?: price on each venue, the fee, 24h volume and liquidity, with a link to trade
VenueYesNoFee24h volumeLiquidity
Polymarket<1¢>99¢<0.1¢$35K$856KTrade →
Kalshi1¢99¢<0.1¢$0–Trade →
Updated Fee: the taker fee on one contract at the price shown, as each venue publishes it; Polymarket's is its international book, Polymarket US charges its own.

Will Nikki Haley win the 2028 Republican presidential nomination?

Yes: Will Nikki Haley win the 2028 Republican presidential nomination?: price on each venue, the fee, 24h volume and liquidity, with a link to trade
VenueYesNoFee24h volumeLiquidity
Polymarket<1¢>99¢<0.1¢$1$1.3MTrade →
Kalshi<1¢>99¢<0.1¢$1K–Trade →
Updated Fee: the taker fee on one contract at the price shown, as each venue publishes it; Polymarket's is its international book, Polymarket US charges its own.

How the odds have moved

Kalshi · J.D. Vance
45%▲ 0.5 pts since Sep 28
Yes price
Sep 2835% – 53% scaleOct 5

Kalshi's own series for the outcome the headline prices, from where its history starts; one venue, not a blend.

How this market resolves

The market asks: “Will J.D. Vance be the nominee for the Presidency for the Republican party?” Each outcome is its own contract: it pays $1 if it is the answer, and nothing if not. Kalshi publishes the full settlement rules on the market's page. Read them on Kalshi (opens in a new tab)

Scheduled resolution: Nov 7, 2028.

How to trade this market on Kalshi

  1. Check your state first. A few states restrict some contracts.
  2. Open a Kalshi account. Our Kalshi review covers sign-up and payouts.
  3. Buy Yes or No at the price shown, 45¢ for J.D. Vance right now. Each contract pays $1 if you are right.
  4. Sell any time before it settles, or hold to the result. Kalshi's fees apply to each trade.

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Common questions

What are the Kalshi odds on 2028 Republican presidential nominee?

On Kalshi, the favourite is J.D. That is a market-implied probability, not a forecast, and it moves as traders buy and sell.

How does this market resolve?

By Kalshi's own settlement rules for this market. Two venues can word the same question differently and settle differently, so read them before you trade.

Is this question on Polymarket too?

Yes. Polymarket's page has its prices and rules. The 3 questions both venues price are compared above, each with its own side-by-side page.

Can I trade this market in my state?

In most states, yes, on Kalshi. A few states have acted against some contracts. Check your state first.

How accurate are Kalshi odds?

Often more accurate than polls, though never certain. A price of 70% should lose three times in ten. How accurate prediction markets are has the research.

What does it cost to trade on Kalshi?

A trading fee on each contract, largest near 50¢ and smaller towards either end. Kalshi's fees has the formula.