The Prediction Markets

Spain General Election Winner

Starts in 37 daysKickoff
Traded
$151K
Venues
Polymarket, Kalshi
Prices updated
56 min ago
Share

What the markets expect

People's Party 85%

Next is PP at 84.5%. The venues list this event, but none of their outcomes are matched yet, so prices are shown separately.

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 58 min ago. Ages are as of when this page was built.

  • Polymarket
  • Kalshi
People's Party
85%
Kalshi 85%polled, 56 min agoBest Yes 85¢ on Kalshi, $100 pays $118 (1.18x)
Kalshi
Contract
People's Party
Last price
85%
As of
Polled 56 min ago
Buy Yes
85¢
Sell Yes
80¢
$100 on Yes pays
$118 (1.18x)
Volume
$11K
Trade this on Kalshi
PP
84.5%
Polymarket 84.5%polled, 58 min agoBest Yes 85¢ on Polymarket, $100 pays $118 (1.18x)
Polymarket
Contract
PP
Last price
84.5%
As of
Polled 58 min ago
Buy Yes
85¢
Sell Yes
84¢
$100 on Yes pays
$118 (1.18x)
Volume
$63K
Trade this on Polymarket
Spanish Socialist Workers' Party
16%
Kalshi 16%polled, 56 min agoBest Yes 16¢ on Kalshi, $100 pays $625 (6.25x)
Kalshi
Contract
Spanish Socialist Workers' Party
Last price
16%
As of
Polled 56 min ago
Buy Yes
16¢
Sell Yes
14¢
$100 on Yes pays
$625 (6.25x)
Volume
$5K
Trade this on Kalshi
PSOE
15%
Polymarket 15%polled, 58 min agoBest Yes 16¢ on Polymarket, $100 pays $625 (6.25x)
Polymarket
Contract
PSOE
Last price
15%
As of
Polled 58 min ago
Buy Yes
16¢
Sell Yes
14¢
$100 on Yes pays
$625 (6.25x)
Volume
$68K
Trade this on Polymarket
Vox
4%
Kalshi 4%polled, 56 min agoBest Yes 6.7¢ on Kalshi, $100 pays $1,493 (14.9x)
Kalshi
Contract
Vox
Last price
4%
As of
Polled 56 min ago
Buy Yes
6.7¢
Sell Yes
2¢
$100 on Yes pays
$1,493 (14.9x)
Volume
$4K
Trade this on Kalshi
Sumar
0.9%
Kalshi 0.9%polled, 56 min agoBest Yes 0.9¢ on Kalshi, $100 pays $11,111 (111x)
Kalshi
Contract
Sumar
Last price
0.9%
As of
Polled 56 min ago
Buy Yes
0.9¢
Sell Yes
—
$100 on Yes pays
$11,111 (111x)
Volume
$2
Trade this on Kalshi

Who resolves this market

Polymarket
Polymarket resolves via:
UMA optimistic oracle
Kalshi
Kalshi resolves via:
Kalshi (CFTC-regulated exchange), source: Ministry of Interior

How the odds have moved

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

  • People's Party
  • PP
  • Spanish Socialist Workers' Party

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.

Polymarket

Polymarket doesn’t list People's Party for this event.

Top of book

Connecting
Best bid
—
Spread
—
Best ask
—

Waiting for the first live quote…

Depth · top 8 levels

Loading snapshot…

Recent trades

Loading…

What your stake buys

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

$
Buy

Loading both order books…

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 "Spain General Election Winner". People's Party leads at 85%. Next is PP at 84.5%. $151K has traded across 6 outcomes on Polymarket and Kalshi. The market is expected to resolve by Nov 30, 2026.

Legislative elections to elect the 350 members of the Congress of Deputies of Spain are scheduled to take place on November 29, 2026. This market will resolve according to the political party that wins the greatest number of seats in the Congress of Deputies of Spain as a result of this election. If the results of the specified election are not definitively known by November 30, 2027, 11:59 PM ET, this market will resolve to "Other". Parties will be primarily ranked by the number of seats won in the specified election, counted according to the attribution rules below. If two or more parties are tied on seats, ties will be broken by the total number of valid votes received nationwide by each party, including votes attributed to its regional designations, with higher vote totals ranking higher. Votes attributed to PSC will count toward PSOE. Votes cast for a joint coalition list will not count toward an individual constituent party for this tie-break, even where elected candidates from that list count toward the party’s seat total. If parties remain tied, ties will be broken by alphabetical order of the listed party names. This market will resolve to the party that occupies the highest finishing position after applying this ranking. Seats will be counted where they are attributed to the specified party. If a listed party contests the election under a regional designation, all seats and votes attributed to that designation will count toward the listed party. For example, the Partit dels Socialistes de Catalunya (PSC) will be treated as a regional designation of PSOE. If a listed party contests as part of a coalition, only seats won by candidates who were members of the listed party on election day will count toward that party. Except as provided above, seats attributed to another party or electoral designation will not count, regardless of electoral cooperation, endorsements, coalition agreements, or subsequent changes in party affiliation or parliamentary-group membership. This market will resolve based on the results of the elections, as indicated by a consensus of credible reporting. In the case of ambiguity, this market will resolve solely based on the results as reported by the Spanish Ministry of the Interior (https://infoelectoral.interior.gob.es/).

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.

See all politics markets