Kalshi vs Polymarket. Which one actually pays more?

Kalshi or Polymarket: which is cheaper? Compare verified YES prices, see a dated price snapshot and learn how fees affect the total cost.

New here? Buy YES at 40% (40¢). It pays $1 if the outcome happens, $0 if it doesn’t. A lower price means your $100 buys more contracts.

Payouts assume YES and include your original stake, before fees. Prices can change.

SAME STAKE Every venue compared equally $100 EXAMPLE
How to compare prices

Lower % means a cheaper YES price. Green marks the lower valid price; ties are labelled. Displayed prices are rounded to whole percentages, while comparisons use exact quotes. Payout examples show the total returned on $100 if the outcome resolves YES, including your original stake. If it resolves NO, you receive $0. Examples exclude fees and assume the full $100 buys at the displayed price.

Trending markets

See both prices at a glance. Open a market to explore every outcome.

Last verified snapshots, before fees. Live comparisons replace these when the feed connects.

2028 Democratic Nomination

OutcomeKalshi YESPolymarket YES
Bernie Sanders to win the 2028 Democratic nomination<1%<1%
Andrew Yang to win the 2028 Democratic nomination<1%<1%
Hunter Biden to win the 2028 Democratic nomination<1%<1%
View all outcomes →

2028 Democratic VP Nomination

OutcomeKalshi YESPolymarket YES
Alexandria Ocasio-Cortez to win the 2028 Democratic vice-presidential nomination15%19%
Zohran Mamdani to win the 2028 Democratic vice-presidential nomination<1%8%
Gretchen Whitmer to win the 2028 Democratic vice-presidential nomination10%13%
View all outcomes →

2028 Republican Nomination

OutcomeKalshi YESPolymarket YES
Byron Donalds to win the 2028 Republican nomination<1%<1%
Mike Pence to win the 2028 Republican nomination<1%<1%
John Thune to win the 2028 Republican nomination<1%<1%
View all outcomes →

2028 Republican VP Nomination

OutcomeKalshi YESPolymarket YES
Marco Rubio to win the 2028 Republican vice-presidential nomination19%21%
J.D. Vance to win the 2028 Republican vice-presidential nomination4%5%
Brian Kemp to win the 2028 Republican vice-presidential nomination2%3%
View all outcomes →

Which venue was cheaper in our latest snapshot?

Counted from the last verified snapshot of 225 outcomes priced above 2% on both venues, 09 Nov 2026, 01:29 UTC. A lower YES percentage is the cheaper side of the same contract, so the same $100 buys more of it. This is one moment, not a running record, and it does not predict which venue will be cheaper on the next contract you look at.

Cheaper venueOutcomesShare
Kalshi9341%
Polymarket9140%
Same price4118%

The average gap between the two venues on the same outcome is 1.4 percentage points. Where the gap is wide, the same stake buys materially more contracts on one side than the other.

OutcomeMarketCheaper venueCheaper YESGap
Toronto Maple Leafs to win Toronto Maple Leafs vs New Jersey DevilsToronto Maple Leafs vs New Jersey DevilsPolymarket29%15.0 pts
New Jersey Devils to win Toronto Maple Leafs vs New Jersey DevilsToronto Maple Leafs vs New Jersey DevilsKalshi57%15.0 pts
Calgary Flames to win Calgary Flames vs Philadelphia FlyersCalgary Flames vs Philadelphia FlyersKalshi49%11.0 pts
Katie Britt to win the 2028 Republican vice-presidential nomination2028 Republican VP NominationKalshi5%10.9 pts
India to report a confirmed Ebola case in 2026Confirmed Ebola Cases by Country · 2026Kalshi8%8.0 pts
Jon Ossoff to win the 2028 Democratic vice-presidential nomination2028 Democratic VP NominationKalshi5%7.7 pts
DEFIANCE Act to become law in 2026Become law in 2026Kalshi5%5.1 pts
Philadelphia 76ers to win Chicago Bulls vs Philadelphia 76ersChicago Bulls vs Philadelphia 76ersKalshi88%5.0 pts

A further 204 outcomes were left out of that count because one venue quoted them below 2%. Both venues support fractional-cent prices. These long shots remain available in the individual comparisons, where the lowest verified YES ask determines the cheaper venue.

What a larger price difference means

A wide gap on two contracts that settle identically is rarely free money. It usually means one side is thinly traded, so the quote moves the moment anyone acts on it. Check the available price and trading volume before acting on a difference.

Check fees before choosing a venue

Both venues can charge trading fees. Polymarket charges taker fees on fee-enabled markets; other markets are fee-free. Every price on this site is the quoted cost to buy YES before fees. A lower quoted price does not necessarily mean a lower total cost after fees.

We do not model venue fees or guarantee that a full $100 position can fill at the displayed quote. Check the current Kalshi fee schedule and Polymarket fee documentation for the market you intend to trade.

Which markets do we compare?

We price Kalshi and Polymarket, and we only pair two contracts after reading both venues' resolution rules and confirming they settle the same question. Robinhood, DraftKings Predictions and FanDuel Predicts are not priced here yet, so no number on this site claims to represent them. Prices are shown as the market's percent chance and show the cost to buy YES at the stated update time, before venue fees.

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Independent comparison

The lowest valid price comes first. We don’t currently earn referral fees from the venues shown. Any future paid partnerships will be disclosed and will never change the price ranking.