SimpleFunctions

Republican party · SENATEMT-26

Republican party is priced at 75¢ on Kalshi. Current book: 74¢ bid, 75¢ ask, 1¢ spread. This outcome ranks #1 of 3 inside SENATEMT-26.

Price history

75¢ current

70¢80¢
Apr 27, 2026May 27, 2026

Contract brief

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

Outcome

Republican party

Rank

#1 of 3

Leader

Republican party 74¢

Range

2¢-74¢

Family volume

$1K

Identifier

SENATEMT-26-R

May 27, 2026, 6:38 AM UTC · 9m ago

Implied probability

75¢
Latest venue quote
May 27, 2026, 6:38 AM UTC · 9m ago

Bid

74¢

Ask

75¢

Spread

24h volume

$13

Family rank

#1 of 3

3 outcomes · SENATEMT-26

Closes

Nov 3, 2027

Family volume

$1K

Orderbook snapshot

74 / 75¢

Kalshi
1¢ spread
BidSize
74¢14
73¢2.5K
71¢946
70¢10
69¢760
AskSize
75¢751
77¢2.5K
81¢149
82¢10
83¢210

Contract terms

What resolves this market.

YES condition

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

Venue

Kalshi

Closes

Nov 3, 2027

Identifier

SENATEMT-26-R

SF Signal
SF Index
98.87
Regime
neutral

Event family

SENATEMT-26.

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

Total volume

$1K

Outcomes

3

Highest price

Republican party 74¢

Current share

1%

Indicators

Yield, cliff risk, volatility, and regime.

Regime

neutral

Score

0.485

Observability

medium

Event type

political

Full indicator table

24.4%
197.7%
Adj IY
99%
3

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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.