SimpleFunctions
PolymarketJan 3, 2027239 days left

Will Tom Cotton be the next Senate Majority Leader?

This contract is priced at 18¢ on Polymarket. Current book: 15¢ bid, 21¢ ask, 6¢ spread.

Implied probability

18¢
$6K volume
$18K liquidity
9% of event volume

Event outcomes

11

Family volume

$62K

Best sibling

Steve Daines 5¢

Ticker

0x31352af4…e65a

Market snapshot

Tom Cotton in market context.

This page tracks the Polymarket contract for Will Tom Cotton be the next Senate Majority Leader?. The displayed quote is 18¢ from the latest venue quote. The cached market record reports 24h volume of $245. In the Next Senate Majority Leader? family, this outcome ranks #3 of 11 by current quote across 11 sibling outcomes. The indicator bundle was refreshed May 9, 2026, 4:08 AM UTC.

Outcome

Tom Cotton

Family rank

#3 of 11

Venue

Polymarket

Current quote

18¢

Quote source

Latest venue quote

Timing

Listed until Jan 3, 2027

24h volume

$245

Family context

11 outcomes · Next Senate Majority Leader?

Quote range

2¢-25¢

Family leader

Chuck Schumer 25¢

Last updated

May 9, 2026, 4:08 AM UTC · 14m ago

Venue identifier: 0x31352af4d7500394fe9e42d889457b455472ee406c6d3dcd0d1e78f656ede65a. Family volume: $62K.

Price history

18¢ current

+16¢
25¢50¢75¢100¢
Apr 20, 2026May 9, 2026

Orderbook snapshot

15 / 21¢

Polymarket
6¢ spread
BidSize
15¢28
13¢12
11¢9
8¢75
8¢20
5¢200
5¢20
3¢453
AskSize
21¢200
21¢20
21¢34
24¢25
28¢100
34¢20
34¢30
37¢30

Contract terms

Resolution, venue, and identifiers.

Resolution rules

This market will resolve according to the individual who is announced as the next Senate Majority Leader after the November 3, 2026, U.S. General Election. This market will remain open until January 3, 2027, at which point it will resolve based on the first announcement of the next Senate Majority Leader from whichever party holds the majority in the U.S. Senate. If no Majority is established and a leader is not announced by June 30, 2027, 11:59 PM ET, this market will resolve to “Other”.

Venue

Polymarket

Closes

Jan 3, 2027

Identifier

0x31352af4…e65a

Event family

Next Senate Majority Leader.

This view keeps the individual contract next to its sibling outcomes. For long-tail search traffic, this is the useful context: where the current price sits inside the event, how much volume exists around the family, and which outcomes have actual depth.

Total volume

$62K

Outcomes

11

Highest price

Chuck Schumer 25¢

Current share

9%

Indicators

Yield, cliff risk, volatility, and regime.

IY (Yes)

696.2%

IY (No)

33.5%

Adj IY

464%

CRI

5

RV

2381%

VR

12.11

Regime

neutral

Score

0.5

Full indicator table

696.2%
33.5%
Adj IY
464%
5
RV
2381%
VR
12.11
IAR
2.0/h
Overround
0.0%
LAS
0.33

Odds pages

Related prediction questions

Browse odds

Related readings

Matched from SimpleFunctions blog, opinions, technical guides, concepts, and learn pages.

Browse library
Blogmarkets

Kalshi vs Polymarket: Which Prediction Market Should You Trade?

In-depth comparison of Kalshi and Polymarket for prediction market traders. Regulatory structure, liquidity, fees, API tooling, and cross-venue trading with SimpleFunctions.

Opinionanalysis

Liquidity Availability Is the Real Edge in Prediction Markets

Implied yield, cliff risk, and overround all describe what to trade. Liquidity Availability Score describes whether the orderbook can absorb the trade. Why LAS is the indicator that decides who actually books P&L.

Opinioncomparison

Kalshi vs Polymarket: Mechanics, Fees, Regulation, Liquidity (2026)

Side-by-side comparison of Kalshi and Polymarket in 2026. Fee math, calibration data, withdrawal speed, and a decision tree for picking the right venue.

Conceptmethodology

Maker / Taker Regime in Prediction Markets: How to Read the Orderbook State

Three regime states (maker-dominated, taker-dominated, neutral) and how to read which one a Kalshi or Polymarket contract is in. Strategy follows regime, not thesis.

Opinionanalysis

Implied Yield vs Raw Probability: Why Bond-Adjacent Prediction Markets Need a Different Lens

Why fixed-income-adjacent prediction-market contracts need to be priced in implied yield, not raw probability, with two real Kalshi Fed-decision contracts as a case study.

Blogmarkets

Prediction Market Orderbook Analysis: Reading Depth, Spread, and Liquidity

How to read prediction market orderbooks. Binary settlement, spread-as-percentage, depth asymmetry, executable edge calculation, and cross-venue arbitrage analysis.

SimpleFunctions context

Index, screen, query, and monitor.

Open index