polyrag

Will Trump pardon Steve Bannon before 2027?

kalshi polymarket · 3 contracts · 2 deadlines · $12.2k traded · market at 11%

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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
polymarket Will Trump pardon Steve Bannon before 2027? 0.104 0.111 11% 2027-01-01 expected $8.0k
kalshi Who will Trump pardon? — Steve Bannon 0.340 0.400 37% 2029-01-21 $3.6k
kalshi Who will Trump pardon in 2026? — Steve Bannon 0.051 0.078 6.5% 2027-01-01 $753

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
kals 0.078 poly 0.057 -2.60c $-1.00 edge disappears against the real book
kals 0.078 poly 0.057 -2.60c $-1.00 edge disappears against the real book
kals 0.078 poly 0.058 -2.50c $-0.50 edge disappears against the real book
kals 0.078 poly 0.076 -0.70c $-0.27 edge disappears against the real book
kals 0.078 poly 0.076 -0.70c $-0.27 edge disappears against the real book

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.