The Prediction Markets

Who will run for the 2028 Republican presidential nomination?

Closes
Jan 1, 2028, in 15 months
Traded
$505K
Venues
Kalshi
Prices updated
1 min ago
Share

What the markets expect

Ted Cruz 85%

Next is J.D. Vance at 76%. 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
Ted Cruz
85%
Kalshi 85%polled, 1 min agoBest Yes 88¢ on Kalshi, $100 pays $114 (1.14x)
Kalshi
Contract
Ted Cruz
Last price
85%
As of
Polled 1 min ago
Buy Yes
88¢
Sell Yes
85¢
$100 on Yes pays
$114 (1.14x)
Volume
$26K
Trade this on Kalshi
J.D. Vance
76%
Kalshi 76%polled, 1 min agoBest Yes 76¢ on Kalshi, $100 pays $132 (1.32x)
Kalshi
Contract
J.D. Vance
Last price
76%
As of
Polled 1 min ago
Buy Yes
76¢
Sell Yes
72¢
$100 on Yes pays
$132 (1.32x)
Volume
$38K
Trade this on Kalshi
Ron DeSantis
64%
Kalshi 64%polled, 1 min agoBest Yes 66¢ on Kalshi, $100 pays $152 (1.52x)
Kalshi
Contract
Ron DeSantis
Last price
64%
As of
Polled 1 min ago
Buy Yes
66¢
Sell Yes
64¢
$100 on Yes pays
$152 (1.52x)
Volume
$38K
Trade this on Kalshi
Marco Rubio
55%
Kalshi 55%polled, 1 min agoBest Yes 55¢ on Kalshi, $100 pays $182 (1.82x)
Kalshi
Contract
Marco Rubio
Last price
55%
As of
Polled 1 min ago
Buy Yes
55¢
Sell Yes
54¢
$100 on Yes pays
$182 (1.82x)
Volume
$49K
Trade this on Kalshi
Rand Paul
47%
Kalshi 47%polled, 1 min agoBest Yes 55¢ on Kalshi, $100 pays $182 (1.82x)
Kalshi
Contract
Rand Paul
Last price
47%
As of
Polled 1 min ago
Buy Yes
55¢
Sell Yes
47¢
$100 on Yes pays
$182 (1.82x)
Volume
$15K
Trade this on Kalshi
Thomas Massie
43%
Kalshi 43%polled, 1 min agoBest Yes 46¢ on Kalshi, $100 pays $217 (2.17x)
Kalshi
Contract
Thomas Massie
Last price
43%
As of
Polled 1 min ago
Buy Yes
46¢
Sell Yes
42¢
$100 on Yes pays
$217 (2.17x)
Volume
$16K
Trade this on Kalshi
Glenn Youngkin
42%
Kalshi 42%polled, 1 min agoBest Yes 42¢ on Kalshi, $100 pays $238 (2.38x)
Kalshi
Contract
Glenn Youngkin
Last price
42%
As of
Polled 1 min ago
Buy Yes
42¢
Sell Yes
36¢
$100 on Yes pays
$238 (2.38x)
Volume
$11K
Trade this on Kalshi
Chris Christie
39%
Kalshi 39%polled, 1 min agoBest Yes 39¢ on Kalshi, $100 pays $256 (2.56x)
Kalshi
Contract
Chris Christie
Last price
39%
As of
Polled 1 min ago
Buy Yes
39¢
Sell Yes
32¢
$100 on Yes pays
$256 (2.56x)
Volume
$3K
Trade this on Kalshi
Brian Kemp
36%
Kalshi 36%polled, 1 min agoBest Yes 36¢ on Kalshi, $100 pays $278 (2.78x)
Kalshi
Contract
Brian Kemp
Last price
36%
As of
Polled 1 min ago
Buy Yes
36¢
Sell Yes
33¢
$100 on Yes pays
$278 (2.78x)
Volume
$952
Trade this on Kalshi
Tulsi Gabbard
33%
Kalshi 33%polled, 1 min agoBest Yes 34¢ on Kalshi, $100 pays $294 (2.94x)
Kalshi
Contract
Tulsi Gabbard
Last price
33%
As of
Polled 1 min ago
Buy Yes
34¢
Sell Yes
27¢
$100 on Yes pays
$294 (2.94x)
Volume
$10K
Trade this on Kalshi
Show 28 more outcomes
Donald J. Trump Jr.
28%
Kalshi 28%polled, 1 min agoBest Yes 29¢ on Kalshi, $100 pays $345 (3.45x)
Kalshi
Contract
Donald J. Trump Jr.
Last price
28%
As of
Polled 1 min ago
Buy Yes
29¢
Sell Yes
25¢
$100 on Yes pays
$345 (3.45x)
Volume
$39K
Trade this on Kalshi
Pete Hegseth
28%
Kalshi 28%polled, 1 min agoBest Yes 29¢ on Kalshi, $100 pays $345 (3.45x)
Kalshi
Contract
Pete Hegseth
Last price
28%
As of
Polled 1 min ago
Buy Yes
29¢
Sell Yes
28¢
$100 on Yes pays
$345 (3.45x)
Volume
$8K
Trade this on Kalshi
Sarah Huckabee Sanders
27%
Kalshi 27%polled, 1 min agoBest Yes 27¢ on Kalshi, $100 pays $370 (3.70x)
Kalshi
Contract
Sarah Huckabee Sanders
Last price
27%
As of
Polled 1 min ago
Buy Yes
27¢
Sell Yes
22¢
$100 on Yes pays
$370 (3.70x)
Volume
$5K
Trade this on Kalshi
Gregory Bovino
26%
Kalshi 26%polled, 1 min agoBest Yes 31¢ on Kalshi, $100 pays $323 (3.23x)
Kalshi
Contract
Gregory Bovino
Last price
26%
As of
Polled 1 min ago
Buy Yes
31¢
Sell Yes
26¢
$100 on Yes pays
$323 (3.23x)
Volume
$13K
Trade this on Kalshi
Doug Burgum
25.5%
Kalshi 25.5%polled, 1 min agoBest Yes 30¢ on Kalshi, $100 pays $333 (3.33x)
Kalshi
Contract
Doug Burgum
Last price
25.5%
As of
Polled 1 min ago
Buy Yes
30¢
Sell Yes
21¢
$100 on Yes pays
$333 (3.33x)
Trade this on Kalshi
Tucker Carlson
25%
Kalshi 25%polled, 1 min agoBest Yes 25¢ on Kalshi, $100 pays $400 (4.00x)
Kalshi
Contract
Tucker Carlson
Last price
25%
As of
Polled 1 min ago
Buy Yes
25¢
Sell Yes
22¢
$100 on Yes pays
$400 (4.00x)
Volume
$63K
Trade this on Kalshi
John McEntee
23%
Kalshi 23%polled, 1 min agoBest Yes 29¢ on Kalshi, $100 pays $345 (3.45x)
Kalshi
Contract
John McEntee
Last price
23%
As of
Polled 1 min ago
Buy Yes
29¢
Sell Yes
23¢
$100 on Yes pays
$345 (3.45x)
Volume
$16K
Trade this on Kalshi
Robert F. Kennedy Jr.
23%
Kalshi 23%polled, 1 min agoBest Yes 27¢ on Kalshi, $100 pays $370 (3.70x)
Kalshi
Contract
Robert F. Kennedy Jr.
Last price
23%
As of
Polled 1 min ago
Buy Yes
27¢
Sell Yes
23¢
$100 on Yes pays
$370 (3.70x)
Volume
$11K
Trade this on Kalshi
Vivek Ramaswamy
22%
Kalshi 22%polled, 1 min agoBest Yes 29¢ on Kalshi, $100 pays $345 (3.45x)
Kalshi
Contract
Vivek Ramaswamy
Last price
22%
As of
Polled 1 min ago
Buy Yes
29¢
Sell Yes
21¢
$100 on Yes pays
$345 (3.45x)
Volume
$12K
Trade this on Kalshi
Nikki Haley
21%
Kalshi 21%polled, 1 min agoBest Yes 23¢ on Kalshi, $100 pays $435 (4.35x)
Kalshi
Contract
Nikki Haley
Last price
21%
As of
Polled 1 min ago
Buy Yes
23¢
Sell Yes
21¢
$100 on Yes pays
$435 (4.35x)
Volume
$9K
Trade this on Kalshi
Steve Bannon
21%
Kalshi 21%polled, 1 min agoBest Yes 22¢ on Kalshi, $100 pays $455 (4.55x)
Kalshi
Contract
Steve Bannon
Last price
21%
As of
Polled 1 min ago
Buy Yes
22¢
Sell Yes
21¢
$100 on Yes pays
$455 (4.55x)
Volume
$9K
Trade this on Kalshi
Donald J. Trump
19%
Kalshi 19%polled, 1 min agoBest Yes 20¢ on Kalshi, $100 pays $500 (5.00x)
Kalshi
Contract
Donald J. Trump
Last price
19%
As of
Polled 1 min ago
Buy Yes
20¢
Sell Yes
15¢
$100 on Yes pays
$500 (5.00x)
Volume
$20K
Trade this on Kalshi
Byron Donalds
18%
Kalshi 18%polled, 1 min agoBest Yes 21¢ on Kalshi, $100 pays $476 (4.76x)
Kalshi
Contract
Byron Donalds
Last price
18%
As of
Polled 1 min ago
Buy Yes
21¢
Sell Yes
16¢
$100 on Yes pays
$476 (4.76x)
Volume
$493
Trade this on Kalshi
Greg Abbott
17%
Kalshi 17%polled, 1 min agoBest Yes 18¢ on Kalshi, $100 pays $556 (5.56x)
Kalshi
Contract
Greg Abbott
Last price
17%
As of
Polled 1 min ago
Buy Yes
18¢
Sell Yes
14¢
$100 on Yes pays
$556 (5.56x)
Volume
$7K
Trade this on Kalshi
Josh Hawley
17%
Kalshi 17%polled, 1 min agoBest Yes 17¢ on Kalshi, $100 pays $588 (5.88x)
Kalshi
Contract
Josh Hawley
Last price
17%
As of
Polled 1 min ago
Buy Yes
17¢
Sell Yes
9.8¢
$100 on Yes pays
$588 (5.88x)
Volume
$23K
Trade this on Kalshi
Marjorie Taylor Greene
17%
Kalshi 17%polled, 1 min agoBest Yes 17¢ on Kalshi, $100 pays $588 (5.88x)
Kalshi
Contract
Marjorie Taylor Greene
Last price
17%
As of
Polled 1 min ago
Buy Yes
17¢
Sell Yes
14¢
$100 on Yes pays
$588 (5.88x)
Volume
$40K
Trade this on Kalshi
Tim Scott
16%
Kalshi 16%polled, 1 min agoBest Yes 16¢ on Kalshi, $100 pays $625 (6.25x)
Kalshi
Contract
Tim Scott
Last price
16%
As of
Polled 1 min ago
Buy Yes
16¢
Sell Yes
7¢
$100 on Yes pays
$625 (6.25x)
Volume
$151
Trade this on Kalshi
John Kennedy
15%
Kalshi 15%polled, 1 min agoBest Yes 23¢ on Kalshi, $100 pays $435 (4.35x)
Kalshi
Contract
John Kennedy
Last price
15%
As of
Polled 1 min ago
Buy Yes
23¢
Sell Yes
14¢
$100 on Yes pays
$435 (4.35x)
Volume
$831
Trade this on Kalshi
Katie Britt
14%
Kalshi 14%polled, 1 min agoBest Yes 14¢ on Kalshi, $100 pays $714 (7.14x)
Kalshi
Contract
Katie Britt
Last price
14%
As of
Polled 1 min ago
Buy Yes
14¢
Sell Yes
7.4¢
$100 on Yes pays
$714 (7.14x)
Volume
$830
Trade this on Kalshi
Spencer Pratt
14%
Kalshi 14%polled, 1 min agoBest Yes 17¢ on Kalshi, $100 pays $588 (5.88x)
Kalshi
Contract
Spencer Pratt
Last price
14%
As of
Polled 1 min ago
Buy Yes
17¢
Sell Yes
14¢
$100 on Yes pays
$588 (5.88x)
Volume
$722
Trade this on Kalshi
Jeff Bezos
13%
Kalshi 13%polled, 1 min agoBest Yes 17¢ on Kalshi, $100 pays $588 (5.88x)
Kalshi
Contract
Jeff Bezos
Last price
13%
As of
Polled 1 min ago
Buy Yes
17¢
Sell Yes
13¢
$100 on Yes pays
$588 (5.88x)
Volume
$5K
Trade this on Kalshi
Erika Kirk
12%
Kalshi 12%polled, 1 min agoBest Yes 14¢ on Kalshi, $100 pays $714 (7.14x)
Kalshi
Contract
Erika Kirk
Last price
12%
As of
Polled 1 min ago
Buy Yes
14¢
Sell Yes
12¢
$100 on Yes pays
$714 (7.14x)
Volume
$6K
Trade this on Kalshi
Elise Stefanik
11%
Kalshi 11%polled, 1 min agoBest Yes 15¢ on Kalshi, $100 pays $667 (6.67x)
Kalshi
Contract
Elise Stefanik
Last price
11%
As of
Polled 1 min ago
Buy Yes
15¢
Sell Yes
11¢
$100 on Yes pays
$667 (6.67x)
Volume
$1K
Trade this on Kalshi
Jared Kushner
10%
Kalshi 10%polled, 1 min agoBest Yes 12¢ on Kalshi, $100 pays $833 (8.33x)
Kalshi
Contract
Jared Kushner
Last price
10%
As of
Polled 1 min ago
Buy Yes
12¢
Sell Yes
10¢
$100 on Yes pays
$833 (8.33x)
Volume
$1K
Trade this on Kalshi
John Thune
9.9%
Kalshi 9.9%polled, 1 min agoBest Yes 9.9¢ on Kalshi, $100 pays $1,010 (10.1x)
Kalshi
Contract
John Thune
Last price
9.9%
As of
Polled 1 min ago
Buy Yes
9.9¢
Sell Yes
1.9¢
$100 on Yes pays
$1,010 (10.1x)
Volume
$780
Trade this on Kalshi
Larry Hogan
9%
Kalshi 9%polled, 1 min agoBest Yes 17¢ on Kalshi, $100 pays $588 (5.88x)
Kalshi
Contract
Larry Hogan
Last price
9%
As of
Polled 1 min ago
Buy Yes
17¢
Sell Yes
8¢
$100 on Yes pays
$588 (5.88x)
Volume
$340
Trade this on Kalshi
Matt Gaetz
3.5%
Kalshi 3.5%polled, 1 min agoBest Yes 4.9¢ on Kalshi, $100 pays $2,041 (20.4x)
Kalshi
Contract
Matt Gaetz
Last price
3.5%
As of
Polled 1 min ago
Buy Yes
4.9¢
Sell Yes
3.1¢
$100 on Yes pays
$2,041 (20.4x)
Volume
$4K
Trade this on Kalshi
Elon Musk
2.4%
Kalshi 2.4%polled, 1 min agoBest Yes 3.6¢ on Kalshi, $100 pays $2,778 (27.8x)
Kalshi
Contract
Elon Musk
Last price
2.4%
As of
Polled 1 min ago
Buy Yes
3.6¢
Sell Yes
2.4¢
$100 on Yes pays
$2,778 (27.8x)
Volume
$4K
Trade this on Kalshi

Who resolves this market

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

How the odds have moved

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

  • Ted Cruz
  • J.D. Vance
  • Ron DeSantis

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.

Top of book

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Best ask
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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.

$
Buy

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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 "Who will run for the 2028 Republican presidential nomination?". Ted Cruz leads at 85%. Next is J.D. Vance at 76%. $505K has traded across 38 outcomes on Kalshi. The market is expected to resolve by Jan 1, 2028.

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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