Home/Topics/Fed October 2026

Fed October 2026 rate decision: how Polymarket and Kalshi compare

How Polymarket and Kalshi price the October 2026 Fed rate decision: prices and after-fee costs side by side. Data-only, not trading advice.

Active — refreshed about every 15 minutesData as of 2026-10-12 22:28 ET · Data is refreshed about every 15 minutes while the event is live.

PolyKal Research · Published 2026-09-23 · Data as of 2026-10-12 22:28 ET · Independent research, not affiliated with Polymarket or Kalshi. Not trading advice.

How to read this page:Datafigures from the pipelineAnalysisnumber-checked interpretationSourcescited facts with a link

The Read

today's analysis
Auto-generated summary · 2026-10-12 22:28 ET
1What happened

As of 2026-10-12, Polymarket's most-likely October outcome is “No change” at 80%, down 3.0 pt on the day.

2So what

After fees, Kalshi is cheaper on “25 bps increase”.

3What's in it for you

The market's read right now is “No change” at 80%; which platform is cheaper after fees depends on the outcome (see the table above). To follow the October 28 decision, the CPI and jobs releases are commonly watched. This page helps you read the board and compare costs — it does not tell you which side to take.

Figure check passed · 3 of 3 figures match the data. Every figure is injected from the data blocks above, not written by hand.

Consensus & cost after fees

Same outcomes on Polymarket and Kalshi
No change probabilityPolymarketKalshi30D · daily
90%60%30%
09/1309/2810/12
Where each platform prices every outcome
No change+0 pp vs Kalshi
P
80%
K
80%
25 bps increase+3 pp vs Kalshi
P
20%
K
17%
50+ bps increaseKalshi: no Yes bid
P
0%
K
—
25 bps decreaseKalshi: no Yes bid
P
1%
K
—
50+ bps decreaseKalshi: no Yes bid
P
0%
K
—

Kalshi price is the best Yes bid: on low-liquidity outcomes the order book is one-sided (no near-the-money asks), so a mid-price would be meaningless. Outcomes with no Yes bid show —.

OutcomeP priceK priceRaw gapP after feesK after feesCheaper after fees24h vol (P)
No change80%80%+0 pp⁦81.3¢⁩⁦82.0¢⁩—⁦$336K⁩
25 bps increase20%17%+3 pp⁦20.3¢⁩⁦18.0¢⁩KKalshi⁦$457K⁩
50+ bps increase0%——⁦0.4¢⁩—Not comparable · Kalshi: no Yes bid⁦$109K⁩
25 bps decrease1%——⁦0.6¢⁩—Not comparable · Kalshi: no Yes bid⁦$491K⁩
50+ bps decrease0%——⁦0.2¢⁩—Not comparable · Kalshi: no Yes bid⁦$136K⁩

Per-contract cost to buy Yes, taker fees from Fee schedule. Try your own size in the fee calculator.

What the gap meansAnalysis

Kalshi is cheaper on “25 bps increase”. Work any size in the fee calculator; dated rates on the fee schedule.

Related events

Prices on both platforms · click an event for details
Data

Methodology and limits

Where the data comes from

Official public order books for prices on both platforms. All times ET.

After-fee & not-comparable

After-fee cost uses current, dated taker rates from the fee schedule. Where an outcome trades on only one platform we show “Not comparable” rather than a gap.

Sources

Cited in The Read
Sources
  1. 1FOMC meeting calendar (Federal Reserve) ↗official Oct 27–28 2026 meeting dates
  2. 2Consumer Price Index release schedule (BLS) ↗CPI publication dates ahead of the decision
  3. 3Employment Situation release schedule (BLS) ↗jobs report publication dates
  4. 4PolyKal fee schedule ↗fee rates checked automatically every day; official fee schedules reviewed by hand at least monthly (Kalshi) and quarterly (Polymarket)
  5. 5PolyKal methodology ↗how figures are sourced and verified
  6. 6PolyKal fee data (JSON, CC-BY) ↗machine-readable, with a verified_on date

How to cite

Please credit PolyKal

PolyKal Research. “Fed October 2026 rate decision: how Polymarket and Kalshi compare.” PolyKal Research, September 23, 2026. https://polykal.net/topics/fed-october-2026/ (accessed the date you view this page).

ComparePut a Polymarket and a Kalshi market side by side.Compare markets →Fee scheduleCurrent, dated taker/maker rates for both platforms.See rates →Fee calculatorWork out the exact after-fee cost of a trade.Open calculator →MethodologyHow PolyKal sources and verifies every figure.Read the method →
© 2026 PolyKal. All rights reserved.
About PolyKalWhere to use Polymarket & KalshiMidtermsLeaderboardTopicsResearch MethodologyPrivacyTerms
Topics
Fed October 2026 rate decision: how Polymarket and Kalshi compare

How Polymarket and Kalshi price the October 2026 Fed rate decision: prices and after-fee costs side by side. Data-only, not trading advice.

Active — refreshed about every 15 minutesData as of 2026-10-12 22:28 ET · Data is refreshed about every 15 minutes while the event is live.

PolyKal Research · Published 2026-09-23 · Data as of 2026-10-12 22:28 ET · Independent research, not affiliated with Polymarket or Kalshi. Not trading advice.

How to read this page:Datafigures from the pipelineAnalysisnumber-checked interpretationSourcescited facts with a link
The Read
today's analysis
Auto-generated summary · 2026-10-12 22:28 ET
1What happened

As of 2026-10-12, Polymarket's most-likely October outcome is “No change” at 80%, down 3.0 pt on the day.

2So what

After fees, Kalshi is cheaper on “25 bps increase”.

3What's in it for you

The market's read right now is “No change” at 80%; which platform is cheaper after fees depends on the outcome (see the table above). To follow the October 28 decision, the CPI and jobs releases are commonly watched. This page helps you read the board and compare costs — it does not tell you which side to take.

Figure check passed · 3 of 3 figures match the data. Every figure is injected from the data blocks above, not written by hand.
Consensus & cost after fees
Same outcomes on Polymarket and Kalshi
No change probabilityPolymarketKalshi30D · daily
90%60%30%
09/1309/2810/12
Where each platform prices every outcome
No change+0 pp vs Kalshi
P
80%
K
80%
25 bps increase+3 pp vs Kalshi
P
20%
K
17%
50+ bps increaseKalshi: no Yes bid
P
0%
K
—
25 bps decreaseKalshi: no Yes bid
P
1%
K
—
50+ bps decreaseKalshi: no Yes bid
P
0%
K
—

Kalshi price is the best Yes bid: on low-liquidity outcomes the order book is one-sided (no near-the-money asks), so a mid-price would be meaningless. Outcomes with no Yes bid show —.

OutcomeP priceK priceRaw gapP after feesK after feesCheaper after fees24h vol (P)
No change80%80%+0 pp⁦81.3¢⁩⁦82.0¢⁩—⁦$336K⁩
25 bps increase20%17%+3 pp⁦20.3¢⁩⁦18.0¢⁩KKalshi⁦$457K⁩
50+ bps increase0%——⁦0.4¢⁩—Not comparable · Kalshi: no Yes bid⁦$109K⁩
25 bps decrease1%——⁦0.6¢⁩—Not comparable · Kalshi: no Yes bid⁦$491K⁩
50+ bps decrease0%——⁦0.2¢⁩—Not comparable · Kalshi: no Yes bid⁦$136K⁩

Per-contract cost to buy Yes, taker fees from Fee schedule. Try your own size in the fee calculator.

What the gap meansAnalysis

Kalshi is cheaper on “25 bps increase”. Work any size in the fee calculator; dated rates on the fee schedule.

Related events
Prices on both platforms · click an event for details
Data
Methodology and limits
Where the data comes from

Official public order books for prices on both platforms. All times ET.

After-fee & not-comparable

After-fee cost uses current, dated taker rates from the fee schedule. Where an outcome trades on only one platform we show “Not comparable” rather than a gap.

Sources
Cited in The Read
Sources
  1. 1FOMC meeting calendar (Federal Reserve) ↗official Oct 27–28 2026 meeting dates
  2. 2Consumer Price Index release schedule (BLS) ↗CPI publication dates ahead of the decision
  3. 3Employment Situation release schedule (BLS) ↗jobs report publication dates
  4. 4PolyKal fee schedule ↗fee rates checked automatically every day; official fee schedules reviewed by hand at least monthly (Kalshi) and quarterly (Polymarket)
  5. 5PolyKal methodology ↗how figures are sourced and verified
  6. 6PolyKal fee data (JSON, CC-BY) ↗machine-readable, with a verified_on date
How to cite
Please credit PolyKal

PolyKal Research. “Fed October 2026 rate decision: how Polymarket and Kalshi compare.” PolyKal Research, September 23, 2026. https://polykal.net/topics/fed-october-2026/ (accessed the date you view this page).

ComparePut a Polymarket and a Kalshi market side by side.Compare markets →Fee scheduleCurrent, dated taker/maker rates for both platforms.See rates →Fee calculatorWork out the exact after-fee cost of a trade.Open calculator →MethodologyHow PolyKal sources and verifies every figure.Read the method →
Home Compare Topics Calculator
Data is based on publicly visible on-chain and trading activity across platforms. For research reference only — not investment advice. Past performance does not indicate future results.