Kalshi market

Kalshi 2028 Republican presidential nominee odds

On Kalshi, the favourite is J.D. Vance, at 36%. The market settles by Nov 7, 2028, and $811K traded in the last 24 hours. Each contract pays $1 if it is right, so 36¢ reads as a 36% chance. Polymarket and Polymarket US list it too, and we compare the prices below.

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Also on Polymarket: Polymarket's page

Kalshi · odds · updated

J.D. Vance36%
Marco Rubio18%
Ron DeSantis16%
John McEntee4%
Ted Cruz3%

All 53 outcomes ↓

Also priced on Polymarket and Polymarket US: 3 questions compared ↓

$811K
24h volume on Kalshi
$94.9M
total volume on Kalshi
$63.8M
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. Vance36%36¢$88KTrade
Marco Rubio18%18¢$23KTrade
Ron DeSantis16%16¢$43KTrade
John McEntee4%4¢$68KTrade
Ted Cruz compare 3%3¢$4KTrade
Glenn Youngkin3%3¢$10KTrade
Tucker Carlson3%3¢$2KTrade
Brian Kemp2%2¢$26KTrade
Thomas Massie2%2¢$17KTrade
Donald J. Trump2%2¢$3KTrade
Show 30 more outcomes
Kalshi odds on each outcome of 2028 Republican presidential nominee
OutcomeChanceYes price24h volume
Donald J. Trump Jr.1%1¢$3KTrade
Josh Hawley1%1¢$469Trade
Ivanka Trump1%1¢$30KTrade
Marjorie Taylor Greene1%1¢$509Trade
Sarah Huckabee Sanders compare 1%1¢$85KTrade
Rand Paul1%1¢$30KTrade
Robert F. Kennedy Jr.1%1¢$0Trade
Tom Cotton1%1¢$31KTrade
Nikki Haley compare 1%1¢$13KTrade
Byron Donalds1%1¢$2KTrade
Joe Kent<1%<1¢$65KTrade
Chris Christie<1%<1¢$10KTrade
Katie Britt<1%<1¢$5KTrade
Mike Pence<1%<1¢$236Trade
Tulsi Gabbard<1%<1¢$6KTrade
Tim Scott<1%<1¢$3KTrade
John Kennedy<1%<1¢$2KTrade
Pete Hegseth<1%<1¢$100Trade
Doug Burgum<1%<1¢$36KTrade
Dave McCormick<1%<1¢$26KTrade
Steve Bannon<1%<1¢$15KTrade
Elise Stefanik<1%<1¢$10KTrade
Greg Abbott<1%<1¢$0Trade
Spencer Pratt<1%<1¢$0Trade
Candace Owens<1%<1¢$0Trade
Mike Pompeo<1%<1¢$50KTrade
Vivek Ramaswamy<1%<1¢$5KTrade
Chris Sununu<1%<1¢$5KTrade
John Thune<1%<1¢$2KTrade
Elon Musk<1%<1¢$0Trade

13 more outcomes are priced on Kalshi: the full board on Kalshi (opens in a new tab).

Chance is each outcome's Yes price on Kalshi. A Yes contract at 36¢ pays $1 if that outcome wins.

Kalshi vs Polymarket on these questions

The same questions on each venue: Kalshi, Polymarket and Polymarket US. 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
PolymarketClose-only for US residents3¢97¢0.1¢$2K$788KTrade →
Polymarket US$25 bonusUS residents only3¢98¢0.2¢––Trade →
Kalshi$50 bonus3¢97¢0.2¢$4K–Trade →
Updated Fee: the taker fee on one contract at the price shown, as each venue publishes it; Polymarket’s is its international book, and Polymarket US charges its own (0.0695 to 0.095 × price × (1 − price) to takers, by 30-day volume, and nothing to makers).

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
PolymarketClose-only for US residents<1¢cheapest to buy>99¢<0.1¢$1K$484KTrade →
Kalshi$50 bonus1¢99¢<0.1¢$85K–Trade →
Updated Fee: the taker fee on one contract at the price shown, as each venue publishes it; Polymarket’s is its international book.

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
PolymarketClose-only for US residents<1¢cheapest to buy>99¢<0.1¢$44K$546KTrade →
Kalshi$50 bonus1¢99¢<0.1¢$13K–Trade →
Updated Fee: the taker fee on one contract at the price shown, as each venue publishes it; Polymarket’s is its international book.

How the odds have moved

Kalshi · J.D. Vance
36%▲ 2.0 pts since Nov 9
Yes price
Nov 926% – 44% scaleNov 15

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. Is Kalshi safe? Our review covers how your money is held and paid out.
  3. Buy Yes or No at the price shown, 36¢ 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. It trades on Polymarket and Polymarket US. 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.