polyrag

Who will Trump pardon? — Bob Menendez

kalshi polymarket · 3 contracts · 2 deadlines · $1.6k traded · market at 26%

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What each source says

Not all of these are prices. An order book is money you can take; an AMM quotes one probability with no book behind it; a forecast is nobody's price at all. They are worth reading together and must not be added together.

sourcecontractbidask saysclosestraded
kalshi Who will Trump pardon? — Bob Menendez 0.230 0.280 26% 2029-01-21 $921
kalshi Who will Trump pardon in 2026? — Bob Menendez 0.013 0.090 5.1% 2027-01-01 $363
polymarket Will Trump pardon Bob Menendez before 2027? 0.055 0.061 5.8% 2027-01-01 expected $295

Several deadlines on one claim read as a term structure: the market prices the same question differently depending on when you ask it.

Cross-venue

buyselledgenotionalresolution
poly 0.079 kals 0.230 13.86c $9.08 implausible spread — near-certain mis-match

How this settles

The venue names the authority that determines the outcome. It is the thing to watch — not the coverage of it.

The full contract terms ↗ — the binding document, not the market blurb.