Will Alberto Núñez Feijóo be the next Prime Minister of Spain?
As of Oct 2, 2026, 11:57 PM ET, Polymarket priced this market at 80.5% (down from 87.5% 24 hours earlier). It had $41.3K traded in the past 24 hours, $31K of order-book liquidity and a bid-ask spread of 1.0 pts. probcast.co rates the support behind this price as weak.
The move lacks solid trading support — treat the new probability with caution.
The pricing has weak support: healthy trading volume and market depth, a tight spread.
How credible was the move?
Three separate questions — a move can be genuine while the latest price is still settling. Methodology →
Move validity
Is the move backed by real trading and depth?
WeakThe pricing has weak support: healthy trading volume and market depth, a tight spread.
Consensus stability
Has the market settled at the new probability?
FormingMovement has slowed (7 points over six hours) but the market has not fully settled.
Contract clarity
Will the rules resolve without ambiguity?
HighThe resolution rules are relatively specific, with a named source and a defined deadline.
From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.
What this market actually measures
This market will resolve to the next individual who officially assumes the office of Prime Minister of Spain by March 31, 2028, 11:59 PM ET. To count for resolution, the individual must receive a vote of confidence from the Congress of Deputies and be formally sworn-in, resulting in the official formation of a new government.
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
This market will resolve to the next individual who officially assumes the office of Prime Minister of Spain by March 31, 2028, 11:59 PM ET. To count for resolution, the individual must receive a vote of confidence from the Congress of Deputies and be formally sworn-in, resulting in the official formation of a new government. Any interim or caretaker Prime Minister who does not receive a parliamentary vote of confidence will not count toward the resolution of this market. If no such Prime Minister takes office by March 31, 2028, 11:59 PM ET, this market will resolve to “Other”. The primary resolution source for this market will be official information from the Government of Spain; however, a consensus of credible reporting may also be used.
Why the odds moved
The probability fell 7.0 percentage points over the last 24 hours (87.5% → 80.5%).
No verified catalyst has been linked to this move yet. ProbCast does not attribute moves to news without evidence connecting the timing of a specific report to the repricing.
What could move this market next?
- The market's deadline arrivesMarch 31, 2028 at 11:59 PM ET
The contract must resolve based on what has happened by this date.
Derived from the contract's own mechanics as of Oct 3, 12:00 AM 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 ±25 pts.
What's happening
The price is actively repricing on real volume. The number is still moving — don't treat the latest print as settled consensus yet.
- Probability moved 7.0 pts in ≤6h on adequate liquidity
- Flow one-directional across 128 participants (broad, not a single order)
Read the latest price with caution; conditions make it an unreliable summary right now.
More details — reliability score, dynamics, durability
- Thin-liquidity spike68%
- Choppy / mean-reverting19%
- Trend continuation8%
Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.
Secondary read: leaning toward Thin market.
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.
Market data
24h volume
$41.3K
Liquidity
$31K
Total volume
$71K
- Category
- Geopolitics
- Venue
- Polymarket
- Open interest
- —
- Spread
- 1.0 pts
- Best bid
- 80.0%
- Best ask
- 81.0%
- 7-day range
- 80.0% – 88.5%
- Resolves
- Mar 31, 2028