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US recession by the end of 2026: Polymarket vs Kalshi odds

Updated November 9, 2026 · refreshed twice a day

Polymarket prices Yes at 3.8% and Kalshi at 2.5%. The widest gap is on Yes: 3.8% on Polymarket vs 2.5% on Kalshi (1.3 points). Prices checked November 9, 2026, before fees. ⚠️ The rules differ: Polymarket resolves Yes on two negative GDP quarters or an NBER recession call; Kalshi counts only two consecutive negative GDP quarters.

OutcomePolymarketKalshiGapCheaper to buy Yes
Yes3.8%2.5%+1.3 ptsKalshi

Gap = Polymarket minus Kalshi, in percentage points, before fees. Polymarket odds page for this event · Kalshi odds for this event on Kalshi View

Frequently asked questions

Is Polymarket or Kalshi cheaper for US recession by the end of 2026?

Polymarket prices Yes at 3.8% and Kalshi at 2.5%. The widest gap is on Yes: 3.8% on Polymarket vs 2.5% on Kalshi (1.3 points). Prices checked November 9, 2026, before fees. ⚠️ The rules differ: Polymarket resolves Yes on two negative GDP quarters or an NBER recession call; Kalshi counts only two consecutive negative GDP quarters.

Why do Polymarket and Kalshi prices differ?

They are separate order books with different traders, fees and access rules, so the same outcome can trade a few points apart. Fees, deposit and withdrawal costs and settlement rules can erase a small gap.

Other events priced on both: Fed decision in December 2026 · Which party wins the 2028 presidential election · Pro football champion (2026–27 season) · NBA champion 2027 · Stanley Cup 2027 · Champions League 2027 winner · Will Anthropic or OpenAI IPO first. Polymarket View is independent and not affiliated with Polymarket or Kalshi. Educational information, not financial advice. All pairs

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