SimpleFunctions

Republican party in the Iowa State House

Republican party is priced at 81¢ on Kalshi. Current book: 81¢ bid, 87¢ ask, 6¢ spread. This outcome ranks #1 of 2 inside Who will win the Iowa State House.

Price history

81¢ current

+1¢
80¢85¢
Jun 1, 2026Jun 17, 2026

Contract brief

If the Republican party wins the Iowa State House in 2026, then the market resolves to Yes.

Outcome

Republican party

Rank

#1 of 2

Leader

Republican party 81¢

Range

13¢-81¢

Family volume

$0

Identifier

KXSTATELEG-IAHOUSE26-R

Jun 25, 2026, 5:08 PM UTC · 22m ago

Implied probability

81¢
Latest venue quote
Jun 25, 2026, 5:08 PM UTC · 22m ago

Bid

81¢

Ask

87¢

Spread

Reported volume

$199

Family rank

#1 of 2

2 outcomes · Who will win the Iowa State House

Closes

Nov 3, 2027

Family volume

$0

Orderbook snapshot

81 / 87¢

Kalshi
6¢ spread
BidSize
81¢397
80¢100
79¢10
78¢200
8¢5.0K
AskSize
87¢100
88¢200
98¢428
99¢10K

Contract terms

What resolves this market.

YES condition

If the Republican party wins the Iowa State House in 2026, then the market resolves to Yes.

Venue

Kalshi

Closes

Nov 3, 2027

Identifier

KXSTATELEG-IAHOUSE26-R

SF Signal
SF Index
156.89
Regime
neutral

Event family

Who will win the Iowa State House.

The same race as a probability stack: rank, volume, and where this contract sits against the other outcomes.

Total volume

$0

Outcomes

2

Highest price

Republican party 81¢

Current share

Indicators

Yield, cliff risk, volatility, and regime.

Regime

neutral

Score

0.5

Full indicator table

17.3%
313.8%
Adj IY
157%
4

Related readings

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

Browse library
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.

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.

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.

Technicalguide

Kalshi vs Polymarket: A Developer's Comparison of APIs, Orderbooks, and Liquidity

Data-driven comparison of Kalshi and Polymarket APIs, orderbooks, rate limits, and liquidity. Code examples for building on both prediction markets.

Blogpolitics

US Midterm Elections 2026 Prediction Markets: Trading the Battle for Congress

A deep‑dive guide for prediction market traders on the 2026 US midterm elections: House and Senate control odds, key races, Trump’s impact, economic and approval scenarios, polling accuracy, and data‑driven trading strategies.

SimpleFunctions context

Index, screen, query, and monitor.

Open index

How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.