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POLITICSLive · updated every 5 min19 tradeable contracts

2026 Midterm + 2028 Congressional Prediction Markets

Real-money positioning across two cycles. Ranked by where the volume actually is — 2028 presidential candidate ladder first (highest dollar volume on Kalshi), then 2026 House control (the closest binary), then the 2028 Senate field (33 states), governor races, and the next-Speaker contender ladder. All Kalshi, CFTC-regulated.

2028 Presidential Race — Candidate Leaderboard

20 candidates · ranked by 30d volume

By far the highest-volume political market on Kalshi today. Each row is a candidate-specific YES contract — price is the implied probability that candidate wins the 2028 presidential election. Long-tail names (single-digit prices) are where the operator alpha lives — every 1¢ move on a 6¢ contender is a 16% relative repricing.

2028 Trifecta — House × Senate × Presidency

8 sweep scenarios

The single highest-volume political market on Kalshi. Each contract is a triplet of who wins each chamber and the White House. Democratic Sweep and Republican Sweep dominate the book — split scenarios price how strong the down-ballot counterweight is.

Senate Races — 2028

4 states · sorted by volume

Every state in the 2028 Senate cycle, sorted by lifetime trading volume. Each event has a Republican-wins and Democratic-wins binary. Look for tight spreads (40¢/60¢) — those are the races where the market hasn’t made up its mind.

Next Speaker of the House

3 contenders

Multi-binary contender ladder. The market fairly heavily favors a single name, but the long-tail prices are where the operator alpha lives — every 1¢ move on a 14¢ contender is a 7% relative repricing.

How to Read These Markets

Price = ProbabilityA 72¢ Yes price means the market implies a 72% probability the event happens. If it does, the contract pays $1.
Open Interest = SkinOpen interest is how many contracts are currently held. Higher OI = more traders with capital at risk and a tighter book.
Volume = ConvictionLifetime contracts traded. Far-out cycles have low 24h volume but real lifetime volume — that’s the operator’s read on consensus.

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