The Prediction Markets

120th Congress: Who will run for Senate Democratic leader?

Closes
Jan 1, 2027, in 2 months
Traded
$3K
Venues
Kalshi
Prices updated
1 min ago
Share

What the markets expect

Chuck Schumer 95%

Next is Brian Schatz at 20.5%. Only Kalshi lists this market, so there is no second price to compare.

Odds by venue

Consensus blends each venue’s last price, weighted by how much has traded there. Best Yes price is the cheapest ask across venues, and the payout is what a winning $100 stake returns before fees. Open a row for each venue’s contract name, bid and ask, and how closely their rules match.

Prices come from our regular polls of each venue, the oldest 1 min ago. Ages are as of when this page was built.

  • Kalshi
Chuck Schumer
95%
Kalshi 95%polled, 1 min agoBest Yes 95¢ on Kalshi, $100 pays $105 (1.05x)
Kalshi
Contract
Chuck Schumer
Last price
95%
As of
Polled 1 min ago
Buy Yes
95¢
Sell Yes
87¢
$100 on Yes pays
$105 (1.05x)
Volume
$3K
Trade this on Kalshi
Brian Schatz
20.5%
Kalshi 20.5%polled, 1 min agoBest Yes 25¢ on Kalshi, $100 pays $400 (4.00x)
Kalshi
Contract
Brian Schatz
Last price
20.5%
As of
Polled 1 min ago
Buy Yes
25¢
Sell Yes
16¢
$100 on Yes pays
$400 (4.00x)
Trade this on Kalshi
Catherine Cortez Masto
3.5%
Kalshi 3.5%polled, 1 min agoBest Yes 6¢ on Kalshi, $100 pays $1,667 (16.7x)
Kalshi
Contract
Catherine Cortez Masto
Last price
3.5%
As of
Polled 1 min ago
Buy Yes
6¢
Sell Yes
1¢
$100 on Yes pays
$1,667 (16.7x)
Trade this on Kalshi
Chris Murphy
3.5%
Kalshi 3.5%polled, 1 min agoBest Yes 6¢ on Kalshi, $100 pays $1,667 (16.7x)
Kalshi
Contract
Chris Murphy
Last price
3.5%
As of
Polled 1 min ago
Buy Yes
6¢
Sell Yes
1¢
$100 on Yes pays
$1,667 (16.7x)
Trade this on Kalshi
Chris Van Hollen
3.5%
Kalshi 3.5%polled, 1 min agoBest Yes 6¢ on Kalshi, $100 pays $1,667 (16.7x)
Kalshi
Contract
Chris Van Hollen
Last price
3.5%
As of
Polled 1 min ago
Buy Yes
6¢
Sell Yes
1¢
$100 on Yes pays
$1,667 (16.7x)
Trade this on Kalshi
Cory Booker
3.5%
Kalshi 3.5%polled, 1 min agoBest Yes 6¢ on Kalshi, $100 pays $1,667 (16.7x)
Kalshi
Contract
Cory Booker
Last price
3.5%
As of
Polled 1 min ago
Buy Yes
6¢
Sell Yes
1¢
$100 on Yes pays
$1,667 (16.7x)
Trade this on Kalshi
Elizabeth Warren
3.5%
Kalshi 3.5%polled, 1 min agoBest Yes 6¢ on Kalshi, $100 pays $1,667 (16.7x)
Kalshi
Contract
Elizabeth Warren
Last price
3.5%
As of
Polled 1 min ago
Buy Yes
6¢
Sell Yes
1¢
$100 on Yes pays
$1,667 (16.7x)
Trade this on Kalshi

Who resolves this market

Kalshi
Kalshi resolves via:
Kalshi (CFTC-regulated exchange), source: The New York Times, the Associated Press, Bloomberg News

How the odds have moved

The top 3 outcomes on both venues, with the consensus between them. Hover for exact values.

  • Chuck Schumer
  • Brian Schatz
  • Catherine Cortez Masto

Order books

Each venue’s resting orders for the selected outcome’s Yes contract, side by side. Top of book streams live; depth refreshes every 15 seconds.

Kalshi

Open on Kalshi ↗

Top of book

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Depth · top 8 levels

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Recent trades

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What your stake buys

Enter a stake to see where it buys the most after fees, using each venue’s live order book.

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Buys at the asks resting now (taker orders), cheapest after fees first, from order-book snapshots up to 15 seconds old. Fees: Kalshi 0.07 × price × (1 − price) per share, rounded up to the cent; Polymarket 0.04 × price × (1 − price) per share (politics rate). Fee calculator. Estimates only, not advice.

About this market

Live prediction market odds for "120th Congress: Who will run for Senate Democratic leader?". Chuck Schumer leads at 95%. Next is Brian Schatz at 20.5%. $3K has traded across 7 outcomes on Kalshi. The market is expected to resolve by Jan 1, 2027.

Questions

What does the consensus price mean?

It is the price of a Yes contract that pays $1 if the outcome happens. A 14¢ price means traders put the chance near 14%. Where two venues list the same outcome, we blend their last prices, weighting the venue with more trading volume more heavily (neither counts for less than a quarter). When only one outcome can win, each venue’s prices add up to a little over 100% (its margin); the fair chance removes that margin so the outcomes add up to exactly 100%.

How is the payout worked out?

A Yes contract pays $1 if it wins, so at the best ask a $100 stake buys 100 ÷ ask contracts. At 18¢ that is about 555 contracts, paying $556 (5.56x) if Yes happens. Venue fees and price slippage on larger orders are not included.

Why do the venues show different prices?

Each venue has its own traders, fees and order book. Contracts can also settle on slightly different terms, which is why each row lists how closely the rules match.

Is a price gap an arbitrage?

Only when you can buy Yes on one venue below what someone pays for Yes on the other, after fees, and both contracts settle the same way. We show the executable bid and ask so you can check.

How fresh are these prices?

Venue prices refresh every few minutes, and the order book and live quotes stream continuously. Each venue’s card shows when we last observed it.

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