Who will run for the Republican presidential nomination in 2028?

Prediction markets currently give a 21% probability that Who will run for the Republican presidential nomination in 2028?. This contract trades at 21¢ on Kalshi, closing January 1, 2028. This Sarah Huckabee Sanders nomination market shows extreme illiquidity with zero 24-hour volume despite a 233.7% implied yield on the Yes side, suggesting the 21¢ price may not reflect genuine market consensus but rather thin order book dynamics.

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21¢
Bid/Ask 21/23¢·Spread 2¢·Vol $0·OI $818·Closes Jan 1, 2028·620d remaining
KX2028RRUN-28-SHS
7-day price5 snapshots · 2 regime
21¢21¢ current
Apr 1220¢Apr 21

Analysis

4d ago

This Sarah Huckabee Sanders nomination market shows extreme illiquidity with zero 24-hour volume despite a 233.7% implied yield on the Yes side, suggesting the 21¢ price may not reflect genuine market consensus but rather thin order book dynamics. The 3¢ spread is notably wide relative to the price, and with only $818 in open interest across 625 days to expiration, this contract lacks sufficient depth for reliable probability assessment. The modest 7-day decline from 21¢ to 20¢ combined with a neutral regime score suggests minimal recent conviction, though the 4/10 cliff risk index warrants caution near resolution.

Cross-venue

Also on polymarket at ¢

View counterpart →Match confidence 0.88Close-time delta 7449h

Resolution rules

If Sarah Huckabee Sanders announces a presidential campaign to contest the presidential nomination of the Republican party for the 2028 U.S. presidential election before Jan 1, 2028, then the market resolves to Yes.

Indicators

IY (Yes) 221.5%
IY (No) 15.7%
Adj IY 111%
CRI 4
Overround 6.9%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)221.5%
IY (No)15.7%
Adj IY111%
CRI4
Overround6.9%

Regime

Label
neutral
Score
0.5
Spread
2¢
Computed
4/21/2026, 8:13:03 PM
Indicators computed 4/21/2026, 8:08:17 PM

Trade

View on kalshisf trade KX2028RRUN-28-SHS yes 100

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