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2026 Senate control: how Polymarket and Kalshi compare

How Polymarket and Kalshi price control of the U.S. Senate after the 2026 midterms — the same event on two platforms, with settlement rules explained. Data-only research, not trading advice.

Sub-event · part of 2026 U.S. Midterms
21 days to Election Day · Nov 3, 2026
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 2026-09-28 · 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
Seat math
51 of 100 seats, or 50 plus the Vice President's tie-breaking vote, controls the Senate
Not on the ballot · 65On the ballot · 35 (33 regular, 2 special)
Senate control

Which party holds a majority after Nov 3 · trader prices, not forecasts

PolymarketRepublican Party 37.5%Democratic Party 63.5%
KalshiRepublican Party 38.5%Democratic Party 61.5%

Gap 2.0 ptsas of 02:25 UTC

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 Senate control outcome is “Democratic Party” at 63.5%.

2So what

After fees, Polymarket is cheaper on “Republican Party”; Kalshi is cheaper on “Democratic Party”, so the cheaper venue flips by outcome — that fits each platform's fee schedule and liquidity more than a real disagreement.

3What's in it for you

For the same “Democratic Party” outcome, Kalshi is currently cheaper after fees. The market's read right now is “Democratic Party” at 63.5%. To follow which party controls the Senate on November 3, generic-ballot polling and the closest state races (e.g. North Carolina, Maine, and Texas) 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 · 2 of 2 figures match the data. Every figure is injected from the data blocks above, not written by hand.

The 35 races

Market prices for the leading option in each race. No ratings, no poll averages, no "likely winner".

StateTypeLeading optionPolymarketKalshiGapStatus
AlabamaRegularRBarry Moore97.3%97.2%0.1 ptsAuto-matched
AlaskaRegularMary Peltola72.5%74.5%2.0 ptsAuto-matched
ArkansasRegularRTom Cotton94.3%94.3%0.0 ptsAuto-matched
ColoradoRegularDJohn Hickenlooper98.1%98.4%0.3 ptsAuto-matched
DelawareRegularDDemocrat98.5%98.0%0.5 ptsAuto-matched
FloridaSpecialRAshley Moody90.5%90.8%0.3 ptsChecked
GeorgiaRegularDJon Ossoff96.0%95.4%0.6 ptsChecked
IdahoRegularRJim Risch95.3%94.3%1.0 ptsChecked
IllinoisRegularDJuliana Stratton98.3%97.5%0.8 ptsAuto-matched
IowaRegularRAshley Hinson58.5%58.5%0.0 ptsChecked
KansasRegularRRoger Marshall62.5%62.5%0.0 ptsChecked
KentuckyRegularRAndy Barr96.9%96.1%0.8 ptsAuto-matched
LouisianaRegularRJulia Letlow92.5%94.1%1.6 ptsAuto-matched
MaineRegularDTroy Jackson59.5%57.5%2.0 ptsChecked
MassachusettsRegularDEd Markey98.4%98.2%0.2 ptsAuto-matched
MichiganRegularDAbdul El-Sayed70.5%67.5%3.0 ptsChecked
MinnesotaRegularDPeggy Flanagan87.5%86.5%1.0 ptsChecked
MississippiRegularRCindy Hyde-Smith93.5%92.0%1.5 ptsAuto-matched
MontanaRegularRKurt Alme91.5%92.6%1.1 ptsChecked
NebraskaRegularRPete Ricketts72.5%73.5%1.0 ptsChecked
New HampshireRegularDChris Pappas88.5%89.5%1.0 ptsChecked
New JerseyRegularDCory Booker97.4%96.9%0.5 ptsAuto-matched
New MexicoRegularDBen Ray Luján97.4%97.4%0.0 ptsAuto-matched
North CarolinaRegularDRoy Cooper96.1%95.6%0.5 ptsChecked
OhioSpecialDSherrod Brown61.5%59.5%2.0 ptsChecked
OklahomaRegularRKevin Hern97.2%96.6%0.6 ptsAuto-matched
OregonRegularDJeff Merkley98.1%97.9%0.2 ptsAuto-matched
Rhode IslandRegularDJack Reed98.1%98.1%0.0 ptsAuto-matched
South CarolinaRegularRRepublican nominee84.5%85.5%1.0 ptsChecked
South DakotaRegularRMike Rounds93.1%93.7%0.6 ptsAuto-matched
TennesseeRegularRBill Hagerty93.9%92.6%1.3 ptsAuto-matched
TexasRegularDJames Talarico63.5%63.5%0.0 ptsChecked
VirginiaRegularDMark Warner97.8%97.4%0.4 ptsAuto-matched
West VirginiaRegularRShelley Moore Capito97.8%98.0%0.2 ptsAuto-matched
WyomingRegularRHarriet Hageman98.4%97.7%0.7 ptsAuto-matched

Checked = market and rule text checked by hand on both platforms; Auto-matched = paired automatically by state, office and date; Market missing = no option is listed on both platforms. Gap = difference between the two platforms' prices for the same option.

Senate control markets · 30 days

Trader prices, not probabilities. No events are drawn on this chart.

PolymarketKalshiDemocratic Party · one price per UTC day (the last of the day) · one axis, 0–100%
100%50%0%2026-09-142026-10-13100%50%0%2026-09-142026-10-13

Daily prices from each platform's public price history (Polymarket daily prices, Kalshi daily candles), fetched when the page is built. Prices freeze 2026-11-03 22:30 UTC and are never replaced by settlement prices.

Consensus & cost after fees

Same outcomes on Polymarket and Kalshi

Prices use the same method as the Midterms pages: Polymarket shows the market's displayed Yes price. Kalshi shows the midpoint of the best Yes bid and ask when they are within 8¢ of each other, and otherwise the best Yes bid. Outcomes with no Yes bid show —.

OutcomeP priceK priceRaw gapP after feesK after feesCheaper after fees24h vol (P)
Democratic Party63.5%61.5%+2.0 pp⁦64.4¢⁩⁦63.5¢⁩KKalshi⁦$16K⁩
Republican Party37.5%38.5%-1.0 pp⁦38.4¢⁩⁦40.5¢⁩PPolymarket⁦$29K⁩

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

What the gap meansAnalysis

Polymarket is cheaper on “Republican Party” after fees; Kalshi is cheaper on “Democratic Party”. The cheaper venue flips by outcome, which usually reflects each platform's fee schedule and where liquidity sits rather than a real disagreement. Work any size in the fee calculator; dated rates on the fee schedule.

Sources and evidence

Where each number on this page comes from, and what each status label means.

Full methodology →
Polymarket · Senate control market ↗
Public market data.
Kalshi · Senate control market ↗
Public market data.
Control prices
PolyKal snapshots of both platforms' public data every 5 minutes; latest 2026-10-13 02:25 UTC. Kalshi uses the midpoint when the spread is 8¢ or less, otherwise the best bid.
Race pairing
15 of 35 races checked by hand (both markets and their rule text, latest check 2026-10-05); the rest are paired automatically by state, office and date.
Freeze rule
Prices freeze 2026-11-03 22:30 UTC and are never replaced by settlement prices. This site does not report election results.
Status labels
CheckedMarket and rule text checked by hand on both platforms.Auto-matchedPaired automatically by state, office and date.Data delayedNo fresh snapshot in the last 24 hours; the last price is shown with its time.Market missingNo option is listed on both platforms, so there is nothing to compare.FrozenLast price before polls closed; never updated after the freeze.Licence pendingQuestions and platforms are listed; prices and charts are hidden until review is complete.Not shownA platform's data is not shown on PolyKal; its column and chart line are removed.

Sources

Cited in The Read
Sources
  1. 1Polymarket — Senate control market ↗live pricing, Democratic Party / Republican Party outcomes
  2. 2Kalshi — Senate control market ↗live pricing, series CONTROLS-2026
  3. 3CNBC, Sep 16 2026 ↗prediction-market traders see the Senate as a toss-up with a slight Democratic edge
  4. 4Fortune, Sep 22 2026 ↗polling shifts toward Democrats coming within reach of a Senate majority
  5. 5PolyKal fee schedule ↗fee rates checked automatically every day; official fee schedules reviewed by hand at least monthly (Kalshi) and quarterly (Polymarket)
  6. 6PolyKal methodology ↗how figures are sourced and verified
  7. 7PolyKal fee data (JSON, CC-BY) ↗machine-readable, with a verified_on date

How to cite

Please credit PolyKal

PolyKal Research. “2026 Senate control: how Polymarket and Kalshi compare.” PolyKal Research, September 28, 2026. https://polykal.net/topics/senate-control-2026/ (accessed the date you view this page).

© 2026 PolyKal. All rights reserved.
About PolyKalWhere to use Polymarket & KalshiMidtermsLeaderboardTopicsResearch MethodologyPrivacyTerms
Topics
2026 Senate control: how Polymarket and Kalshi compare

How Polymarket and Kalshi price control of the U.S. Senate after the 2026 midterms — the same event on two platforms, with settlement rules explained. Data-only research, not trading advice.

Sub-event · part of 2026 U.S. Midterms
21 days to Election Day · Nov 3, 2026
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 2026-09-28 · 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
Seat math
51 of 100 seats, or 50 plus the Vice President's tie-breaking vote, controls the Senate
Not on the ballot · 65On the ballot · 35 (33 regular, 2 special)
Senate control

Which party holds a majority after Nov 3 · trader prices, not forecasts

PolymarketRepublican Party 37.5%Democratic Party 63.5%
KalshiRepublican Party 38.5%Democratic Party 61.5%

Gap 2.0 ptsas of 02:25 UTC

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 Senate control outcome is “Democratic Party” at 63.5%.

2So what

After fees, Polymarket is cheaper on “Republican Party”; Kalshi is cheaper on “Democratic Party”, so the cheaper venue flips by outcome — that fits each platform's fee schedule and liquidity more than a real disagreement.

3What's in it for you

For the same “Democratic Party” outcome, Kalshi is currently cheaper after fees. The market's read right now is “Democratic Party” at 63.5%. To follow which party controls the Senate on November 3, generic-ballot polling and the closest state races (e.g. North Carolina, Maine, and Texas) 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 · 2 of 2 figures match the data. Every figure is injected from the data blocks above, not written by hand.

The 35 races

Market prices for the leading option in each race. No ratings, no poll averages, no "likely winner".

StateTypeLeading optionPolymarketKalshiGapStatus
AlabamaRegularRBarry Moore97.3%97.2%0.1 ptsAuto-matched
AlaskaRegularMary Peltola72.5%74.5%2.0 ptsAuto-matched
ArkansasRegularRTom Cotton94.3%94.3%0.0 ptsAuto-matched
ColoradoRegularDJohn Hickenlooper98.1%98.4%0.3 ptsAuto-matched
DelawareRegularDDemocrat98.5%98.0%0.5 ptsAuto-matched
FloridaSpecialRAshley Moody90.5%90.8%0.3 ptsChecked
GeorgiaRegularDJon Ossoff96.0%95.4%0.6 ptsChecked
IdahoRegularRJim Risch95.3%94.3%1.0 ptsChecked
IllinoisRegularDJuliana Stratton98.3%97.5%0.8 ptsAuto-matched
IowaRegularRAshley Hinson58.5%58.5%0.0 ptsChecked
KansasRegularRRoger Marshall62.5%62.5%0.0 ptsChecked
KentuckyRegularRAndy Barr96.9%96.1%0.8 ptsAuto-matched
LouisianaRegularRJulia Letlow92.5%94.1%1.6 ptsAuto-matched
MaineRegularDTroy Jackson59.5%57.5%2.0 ptsChecked
MassachusettsRegularDEd Markey98.4%98.2%0.2 ptsAuto-matched
MichiganRegularDAbdul El-Sayed70.5%67.5%3.0 ptsChecked
MinnesotaRegularDPeggy Flanagan87.5%86.5%1.0 ptsChecked
MississippiRegularRCindy Hyde-Smith93.5%92.0%1.5 ptsAuto-matched
MontanaRegularRKurt Alme91.5%92.6%1.1 ptsChecked
NebraskaRegularRPete Ricketts72.5%73.5%1.0 ptsChecked
New HampshireRegularDChris Pappas88.5%89.5%1.0 ptsChecked
New JerseyRegularDCory Booker97.4%96.9%0.5 ptsAuto-matched
New MexicoRegularDBen Ray Luján97.4%97.4%0.0 ptsAuto-matched
North CarolinaRegularDRoy Cooper96.1%95.6%0.5 ptsChecked
OhioSpecialDSherrod Brown61.5%59.5%2.0 ptsChecked
OklahomaRegularRKevin Hern97.2%96.6%0.6 ptsAuto-matched
OregonRegularDJeff Merkley98.1%97.9%0.2 ptsAuto-matched
Rhode IslandRegularDJack Reed98.1%98.1%0.0 ptsAuto-matched
South CarolinaRegularRRepublican nominee84.5%85.5%1.0 ptsChecked
South DakotaRegularRMike Rounds93.1%93.7%0.6 ptsAuto-matched
TennesseeRegularRBill Hagerty93.9%92.6%1.3 ptsAuto-matched
TexasRegularDJames Talarico63.5%63.5%0.0 ptsChecked
VirginiaRegularDMark Warner97.8%97.4%0.4 ptsAuto-matched
West VirginiaRegularRShelley Moore Capito97.8%98.0%0.2 ptsAuto-matched
WyomingRegularRHarriet Hageman98.4%97.7%0.7 ptsAuto-matched

Checked = market and rule text checked by hand on both platforms; Auto-matched = paired automatically by state, office and date; Market missing = no option is listed on both platforms. Gap = difference between the two platforms' prices for the same option.

Senate control markets · 30 days

Trader prices, not probabilities. No events are drawn on this chart.

PolymarketKalshiDemocratic Party · one price per UTC day (the last of the day) · one axis, 0–100%
100%50%0%2026-09-142026-10-13

Daily prices from each platform's public price history (Polymarket daily prices, Kalshi daily candles), fetched when the page is built. Prices freeze 2026-11-03 22:30 UTC and are never replaced by settlement prices.

Consensus & cost after fees
Same outcomes on Polymarket and Kalshi

Prices use the same method as the Midterms pages: Polymarket shows the market's displayed Yes price. Kalshi shows the midpoint of the best Yes bid and ask when they are within 8¢ of each other, and otherwise the best Yes bid. Outcomes with no Yes bid show —.

OutcomeP priceK priceRaw gapP after feesK after feesCheaper after fees24h vol (P)
Democratic Party63.5%61.5%+2.0 pp⁦64.4¢⁩⁦63.5¢⁩KKalshi⁦$16K⁩
Republican Party37.5%38.5%-1.0 pp⁦38.4¢⁩⁦40.5¢⁩PPolymarket⁦$29K⁩

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

What the gap meansAnalysis

Polymarket is cheaper on “Republican Party” after fees; Kalshi is cheaper on “Democratic Party”. The cheaper venue flips by outcome, which usually reflects each platform's fee schedule and where liquidity sits rather than a real disagreement. Work any size in the fee calculator; dated rates on the fee schedule.

Sources and evidence

Where each number on this page comes from, and what each status label means.

Full methodology →
Polymarket · Senate control market ↗
Public market data.
Kalshi · Senate control market ↗
Public market data.
Control prices
PolyKal snapshots of both platforms' public data every 5 minutes; latest 2026-10-13 02:25 UTC. Kalshi uses the midpoint when the spread is 8¢ or less, otherwise the best bid.
Race pairing
15 of 35 races checked by hand (both markets and their rule text, latest check 2026-10-05); the rest are paired automatically by state, office and date.
Freeze rule
Prices freeze 2026-11-03 22:30 UTC and are never replaced by settlement prices. This site does not report election results.
Status labels
CheckedMarket and rule text checked by hand on both platforms.Auto-matchedPaired automatically by state, office and date.Data delayedNo fresh snapshot in the last 24 hours; the last price is shown with its time.Market missingNo option is listed on both platforms, so there is nothing to compare.FrozenLast price before polls closed; never updated after the freeze.Licence pendingQuestions and platforms are listed; prices and charts are hidden until review is complete.Not shownA platform's data is not shown on PolyKal; its column and chart line are removed.
Sources
Cited in The Read
Sources
  1. 1Polymarket — Senate control market ↗live pricing, Democratic Party / Republican Party outcomes
  2. 2Kalshi — Senate control market ↗live pricing, series CONTROLS-2026
  3. 3CNBC, Sep 16 2026 ↗prediction-market traders see the Senate as a toss-up with a slight Democratic edge
  4. 4Fortune, Sep 22 2026 ↗polling shifts toward Democrats coming within reach of a Senate majority
  5. 5PolyKal fee schedule ↗fee rates checked automatically every day; official fee schedules reviewed by hand at least monthly (Kalshi) and quarterly (Polymarket)
  6. 6PolyKal methodology ↗how figures are sourced and verified
  7. 7PolyKal fee data (JSON, CC-BY) ↗machine-readable, with a verified_on date
How to cite
Please credit PolyKal

PolyKal Research. “2026 Senate control: how Polymarket and Kalshi compare.” PolyKal Research, September 28, 2026. https://polykal.net/topics/senate-control-2026/ (accessed the date you view this page).

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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.