SimpleFunctions

Republican party · SENATEAK-26

Republican party is priced at 41¢ on Kalshi. Current book: 40¢ bid, 41¢ ask, 1¢ spread. This outcome ranks #2 of 2 inside SENATEAK-26.

Price history

41¢ current

1¢
40¢
May 22, 2026Jun 16, 2026

Contract brief

If a representative of the Republican party is sworn in as a Senator of Alaska for the term beginning in 2027, then the market resolves to Yes.

Outcome

Republican party

Rank

#2 of 2

Leader

Democratic party 60¢

Range

40¢-60¢

Family volume

$132

Identifier

SENATEAK-26-R

Jun 21, 2026, 3:38 PM UTC · 2m ago

Implied probability

41¢
Latest venue quote
Jun 21, 2026, 3:38 PM UTC · 2m ago

Bid

40¢

Ask

41¢

Spread

24h volume

$116

Family rank

#2 of 2

2 outcomes · SENATEAK-26

Closes

Nov 3, 2027

Family volume

$132

Orderbook snapshot

40 / 41¢

Kalshi
1¢ spread
BidSize
40¢282
39¢751
37¢1.1K
36¢4.8K
35¢2.9K
AskSize
41¢2.9K
42¢2.5K
45¢101
46¢355
47¢1.0K

Contract terms

What resolves this market.

YES condition

If a representative of the Republican party is sworn in as a Senator of Alaska for the term beginning in 2027, then the market resolves to Yes.

Venue

Kalshi

Closes

Nov 3, 2027

Identifier

SENATEAK-26-R

SF Signal
SF Index
54.75
Regime
neutral

Event family

SENATEAK-26.

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

Total volume

$132

Outcomes

2

Highest price

Democratic party 60¢

Current share

88%

Indicators

Yield, cliff risk, volatility, and regime.

Regime

neutral

Score

0.409

Observability

medium

Event type

political

Full indicator table

109.5%
48.7%
Adj IY
55%
2

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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.