SimpleFunctions

Difference between the number of Republican governors and the number of Democratic governors between 1 and 50 governors after the 2026 midterms

Republican Party is priced at 22¢ on Kalshi. Current book: 20¢ bid, 21¢ ask, 1¢ spread. This outcome ranks #2 of 3 inside Will the difference between the number of Republican governors and the number of Democratic governors.

Price history

22¢ current

10¢
0¢25¢
Aug 25, 2026Sep 18, 2026

Contract brief

If Republicans hold more state governorships than Democrats after the 2026 midterm elections, the market resolves to Yes.

Outcome

Republican Party

Rank

#2 of 3

Leader

Democratic Party 69¢

Range

10¢-69¢

Family volume

$2K

Identifier

KXGOVWINS-27JAN01-R1

Sep 23, 2026, 5:08 PM UTC · 54m ago

Implied probability

22¢
Latest venue quote
Sep 23, 2026, 5:08 PM UTC · 54m ago

Bid

20¢

Ask

21¢

Spread

24h volume

$1K

Family rank

#2 of 3

3 outcomes · Will the difference between the number of Republican governors and the number of Democratic governors

Closes

Jan 1, 2027

Family volume

$2K

Orderbook snapshot

20 / 21¢

Kalshi
1¢ spread
BidSize
20¢3
18¢2
17¢40
6¢32
6¢50
AskSize
21¢1.5K
22¢3.9K
29¢18
30¢1.0K
31¢28

Contract terms

What resolves this market.

YES condition

If Republicans hold more state governorships than Democrats after the 2026 midterm elections, the market resolves to Yes.

Venue

Kalshi

Closes

Jan 1, 2027

Identifier

KXGOVWINS-27JAN01-R1

SF Signal
SF Index
694.12
Regime
neutral

Event family

Will the difference between the number of Republican governors and the number of Democratic governors.

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

Total volume

$2K

Outcomes

3

Highest price

Democratic Party 69¢

Current share

63%

Indicators

Yield, cliff risk, volatility, and regime.

Regime

neutral

Score

0.442

Observability

low

Event type

political

Full indicator table

1461.3%
91.3%
Adj IY
694%
4
21.000
Overround
-0.0%
LAS
0.05

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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.