SimpleFunctions

Will the Republican party win the governorship in Iowa: Republican party · GOVPARTYIA-26

Will the Republican party win the governorship in Iowa: Republican party is priced at 39¢ on Kalshi. Current book: 34¢ bid, 39¢ ask, 5¢ spread. This outcome ranks #2 of 2 inside GOVPARTYIA-26.

Price history

39¢ current

+5¢
30¢40¢
Apr 30, 2026May 28, 2026

Contract brief

If a representative of the Republican party is inaugurated as the governor of Iowa pursuant to the 2026 election, then the market resolves to Yes.

Outcome

Will the Republican party win the governorship in Iowa: Republican party

Rank

#2 of 2

Leader

Will the Democratic party win the governorship in Iowa: Democratic party 62¢

Range

34¢-62¢

Family volume

$555

Identifier

GOVPARTYIA-26-R

May 28, 2026, 8:38 AM UTC · 26m ago

Implied probability

39¢
Latest venue quote
May 28, 2026, 8:38 AM UTC · 26m ago

Bid

34¢

Ask

39¢

Spread

24h volume

$547

Family rank

#2 of 2

2 outcomes · GOVPARTYIA-26

Closes

Nov 3, 2027

Family volume

$555

Orderbook snapshot

34 / 39¢

Kalshi
5¢ spread
BidSize
34¢750
33¢97
32¢135
31¢5.0K
29¢200
AskSize
39¢750
40¢165
41¢5.0K
42¢100
43¢10

Contract terms

What resolves this market.

YES condition

If a representative of the Republican party is inaugurated as the governor of Iowa pursuant to the 2026 election, then the market resolves to Yes.

Venue

Kalshi

Closes

Nov 3, 2027

Identifier

GOVPARTYIA-26-R

SF Signal
SF Index
67.57
Regime
neutral

Event family

GOVPARTYIA-26.

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

Total volume

$555

Outcomes

2

Highest price

Will the Democratic party win the governorship in Iowa: Democratic party 62¢

Current share

99%

Indicators

Yield, cliff risk, volatility, and regime.

Regime

neutral

Score

0.409

Observability

medium

Event type

political

Full indicator table

135.1%
35.9%
Adj IY
68%
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.