Who will run for the Republican presidential nomination in 2028?

Prediction markets currently give a 19% probability that Who will run for the Republican presidential nomination in 2028?. This contract trades at 19¢ on Kalshi, closing January 1, 2028. This market shows extreme illiquidity with zero 24-hour volume despite a $2,891 open interest, suggesting minimal trading activity and a potentially stale 16¢ price that may not reflect current sentiment on Trump's 2028 nomination bid.

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19¢
Bid/Ask 14/19¢·Spread 5¢·Vol $116.87·OI $3,003.26·Closes Jan 1, 2028·620d remaining
KX2028RRUN-28-DJT
7-day price4 snapshots · 3 regime
16¢14¢ current
Apr 813¢Apr 18

Analysis

4d ago

This market shows extreme illiquidity with zero 24-hour volume despite a $2,891 open interest, suggesting minimal trading activity and a potentially stale 16¢ price that may not reflect current sentiment on Trump's 2028 nomination bid. The 391% implied yield on the Yes side is unusually high and likely a mispricing artifact of the low liquidity rather than genuine market expectation, while the 4¢ spread indicates difficulty in execution. With 625 days to expiry and a recent 2¢ price decline over seven days, this contract appears underutilized and potentially mispriced, making it a high-risk venue for position entry.

Cross-venue

Also on polymarket at ¢

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

Resolution rules

If Donald J. Trump 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) 361.8%
IY (No) 9.6%
Adj IY 116%
CRI 6
Overround 6.9%
LAS 0.36
▶ Full indicator table (6)
IndicatorValue
IY (Yes)361.8%
IY (No)9.6%
Adj IY116%
CRI6
Overround6.9%
LAS0.36

Regime

Label
neutral
Score
0.341
Spread
5¢
Computed
4/21/2026, 8:44:40 PM
Observability lowEvent type political
Has orderbookIndicators computed 4/21/2026, 8:38:17 PM

Trade

View on kalshisf trade KX2028RRUN-28-DJT yes 100

Related concepts

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