The Prediction Markets

Dem sweep & US-Iran ceasefire through 2027?

Closes
Jan 1, 2028, in 14 months
Traded
$107K
Venues
Polymarket
Prices updated
5 h ago
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What the markets expect

Dem sweep; Ceasefire broken 97.4%

Next is Dem sweep; Ceasefire holds at 2.6%. Only Polymarket lists this market, so there is no second price to compare.

Dem sweep; Ceasefire broken 97.4%Dem sweep; Ceasefire holds 2.6%

Odds by venue

Fair chance strips out each venue’s built-in margin (its prices add up to more than 100%), then blends the venues by how much has traded there, so the outcomes add up to 100%. 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 5 h ago. Ages are as of when this page was built.

  • Polymarket
Dem sweep; Ceasefire broken
97.4%
Polymarket 97.1%polled, 5 h agoBest Yes 97.7¢ on Polymarket, $100 pays $102 (1.02x)
Polymarket
Contract
Dem sweep; Ceasefire broken
Last price
97.1%
As of
Polled 5 h ago
Buy Yes
97.7¢
Sell Yes
96.5¢
$100 on Yes pays
$102 (1.02x)
Volume
$46K
Trade this on Polymarket
Dem sweep; Ceasefire holds
2.6%
Polymarket 2.6%polled, 5 h agoBest Yes 2.6¢ on Polymarket, $100 pays $3,846 (38.5x)
Polymarket
Contract
Dem sweep; Ceasefire holds
Last price
2.6%
As of
Polled 5 h ago
Buy Yes
2.6¢
Sell Yes
2.5¢
$100 on Yes pays
$3,846 (38.5x)
Volume
$30K
Trade this on Polymarket

Who resolves this market

Polymarket
Polymarket resolves via:
UMA optimistic oracle

How the odds have moved

The top 2 outcomes on both venues, with the consensus between them. Hover for exact values.

  • Dem sweep; Ceasefire broken
  • Dem sweep; Ceasefire holds

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.

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What your stake buys

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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 "Dem sweep & US-Iran ceasefire through 2027?". Dem sweep; Ceasefire broken leads at 97.4%. Next is Dem sweep; Ceasefire holds at 2.6%. $107K has traded across 2 outcomes on Polymarket. The market is expected to resolve by Jan 1, 2028.

This market will resolve according to the combined outcome of (1) whether the Democratic Party wins control of both the United States House of Representatives and the United States Senate in the 2026 United States midterm election and (2) whether the United States refrains from a qualifying military action against Iran through the end of 2027. Options beginning "Dem sweep" require the Democratic Party to win control of both chambers. Options beginning "No Dem sweep" require the Democratic Party not to win control of at least one of the two chambers. Each option then names the result of the second component ("Ceasefire holds" or "Ceasefire broken"), as defined below. The option matching both results will resolve to "Yes", and all other options will resolve to "No". US-Iran ceasefire: This component is "Ceasefire broken" if the United States takes a qualifying military action against Iran between market creation and December 31, 2027, 11:59 PM Iran Standard Time. Otherwise, it is "Ceasefire holds". A qualifying military action refers to an air strike or a surface-to-surface missile strike, initiated by the United States, that directly impacts Iran. An air strike includes bombs, air-to-surface missiles, and air-launched drones. A surface-to-surface missile strike includes one-way attack drones and surface-to-surface missiles such as cruise or ballistic missiles. The following actions do not constitute a qualifying military action: munitions destroyed or intercepted before impact; surface-to-air missile strikes; small-arms fire; ground incursions; cyber operations; naval gunfire and artillery fire; howitzers, artillery pieces, mortars, and rocket artillery (e.g. MLRS systems); minor surface-to-surface strikes, including short range loitering munitions, FPV drones, and ATGM strikes; any threat, authorization, or announcement of force that has not been executed. Any munition that is intercepted or destroyed before impact does not constitute a qualifying military action. Debris, fragments, or any wreckage from intercepted munitions that land on Iran do not constitute a military action regardless of any damage incurred. “Iran” refers to the terrestrial territory of Iran, including its internal waters. Iran’s maritime territory and airspace are not encompassed. Where territorial borders are disputed, all territory claimed by and under the de facto control of Iran as of market creation will qualify. The occurrence, attribution, and timing of a qualifying military action will be primarily determined based on a consensus of information available from the resolution sources. Where multiple sources conflict regarding the occurrence, attribution, or timing of a relevant military action, this component will remain undetermined until the earlier of: i) the confirmation of the occurrence, attribution, and timing of the action based on a consensus of information available from the resolution sources or ii) 3 full calendar days (Iran Standard Time) from the date of the first credibly reported evidence of the action. If this period would extend past December 31, 2027, this component will remain undetermined to allow for 3 full calendar days to pass. At the end of the third calendar day, if conflicting reports remain, the incident will be adjudicated based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information. The resolution sources for this component will be official information from the governments and militaries of the United States and Iran and a consensus of credible reporting. House and Senate control: A party wins control of the United States Senate if it wins a majority of the chamber’s voting seats. If no party wins a majority of voting seats, the party that wins control of the chamber is the party that wins half of the voting seats and holds the Vice Presidency. If the outcome remains ambiguous after applying the above criteria, the chamber will be deemed controlled by the party with which the first selected President Pro Tempore of the Congress that convenes after the 2026 midterm election is affiliated. A party wins control of the United States House of Representatives if it wins a majority of the chamber’s voting seats. If no party wins a majority of voting seats, the chamber will be deemed controlled by the party with which the first elected Speaker of the House of the Congress that convenes after the 2026 midterm election is affiliated. The following rules govern the counting of seats for determining which party wins control of the chambers. For determining Senate control, all regular and special Senate elections that determine representation in the upcoming 120th Congress and are scheduled to take place in November 2026 as of October 31, 2026 are included. Vacant Senate seats for which no election or special election to fill the seat is scheduled to take place in November 2026 as of October 31, 2026 will be treated as held by the party affiliation of the most recent member to hold that seat. For determining House control, all House elections in the 2026 United States midterm election that elect voting members and determine representation in the upcoming 120th Congress are included. Where a Senate or House seat is decided by a runoff, the runoff result will determine attribution of that seat, even if it takes place after November 2026. For seats contested in the 2026 midterm election, seats are attributed to the party under which the member was elected. If a member-elect changes party affiliation, or vacates their seat, between election day and the formal organization of Congress, the seat is attributed to the party under which the member was elected. For seats not contested in the 2026 midterm election, seats are attributed to the party that holds the seat as of the date of the 2026 midterm election. If a current sitting member of the U.S. Senate who is not up for election changes party affiliation or vacates their seat after the date of the 2026 midterm election, the seat is attributed to the party under which the member was affiliated at the time of the 2026 midterm election. Senate and House members elected as independents who formally caucus with, or, for newly elected members, who announce their intent to caucus with, a party are included in that party’s count. If the caucus decisions of members of the Senate or House elected as independents cannot be determined on the date of the 2026 midterm election, this component may remain undetermined until the earlier of (i) an announcement from the relevant members of their intents to caucus, or (ii) January 4th, 11:59 PM ET of the following calendar year. If no such announcement is made by January 4th, 11:59 PM ET of the following calendar year, the member will not count towards the seat count of any party. The resolution sources for the House and Senate component will be official information from relevant state electoral authorities, the United States Congress, and a consensus of credible reporting.

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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