KalshiPoliticsDevelopingUpdated 5m ago

Who will win the next presidential election?

As of Oct 22, 2026, 12:53 PM ET, Kalshi priced this market at 9.3% (little changed over 24 hours). It had $1.1K traded in the past 24 hours, $200K of order-book liquidity and a bid-ask spread of 0.1 pts. probcast.co rates the support behind this price as moderate.

Market probability
9.3%
Little changed over 24 hours

Thin market where small orders can move the price; the price has held steady over 24 hours.

Price historyKalshi

Source: Kalshi price history

How credible was the move?

Methodology →

Move validity

Moderate

Consensus stability

Stable

Contract clarity

High

Can you trust this price?

Two different questions: how hard the price is to move, and whose trading set it.

Market capacity

How hard is it to move this price?

ThinTight spread

Order-book liquidity

$200K

Bid-ask spread

0.1 pts

24h volume

$1.1K

cash traded · $6.4K notional on Kalshi

Open interest

$2.6M

It would take roughly $20.4K of buying to move the price up by ~5 pts.

Little money on the book — a modest order can move this price, so treat swings with care.

Who's trading

Whose opinion is this price?

Participation data isn't captured for this market yet.

Participation data isn't captured for this market yet, so we can't say how many accounts set this price.

What this market actually measures

If Alexandria Ocasio-Cortez is the next person inaugurated as President for the term beginning in 2029, then the market resolves to Yes.

This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.

View full official resolution rules

If Alexandria Ocasio-Cortez is the next person inaugurated as President for the term beginning in 2029, then the market resolves to Yes.

Resolution source: If Alexandria Ocasio-Cortez is the next person inaugurated as President for the term begin…

What could move this market next?

  • The market's deadline arrivesNovember 7, 2029 at 10:00 AM ET

    The contract must resolve based on what has happened by this date.

Derived from the contract's own mechanics as of Oct 22, 12:59 PM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.

Advanced analysis (experimental)

Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: low · expected error ±12 pts.

Quote-drivenLegacy movement classifier: watch

What's happening

medium classifier confidence
Quote-driven

A tight, deep, quote-driven book with little executed flow. The price is stable but reflects resting quotes more than active trading.

  • Tight spread on a liquid, calm market

The latest price is a usable but caveated read — weigh it with the market state.

More details — reliability score, dynamics, durability
Reliability score
40Medium
Where the price path tends to go next1375 observed
  • Choppy / mean-reverting96%
  • Stable consensus2%

Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.

DurabilityHigh· half-life ~1w
PredictabilityStable

Secondary read: leaning toward Trading normally.

A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.

Change (pts)1H0.06H-0.124H-0.17D-0.1

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