TOTAL VOLUME:
$124b
24H VOL:
$82,345,145
24H TRANSACTIONS:
2,121,338,658
OPEN INTEREST:
$1,285,568,173
364,467
Markets across
33,191
events
MATCHED EVENTS:
3,073
PLATFORM COVERAGE:
5
Polymarket:
41%
VS.
Kalshi:
59%
$
This event group focuses on predicting China's strategic oil inventories levels for Q3 2026 and Japan's Q3 2026 GDP growth rate. The China inventory markets rely on U.S. Energy Information Administration estimates, while the Japan GDP markets use data from Japan's Cabinet Office's Quarterly Estimates of GDP.
All markets resolve based on the first published estimate of China’s strategic oil inventories for Q3 2026 from the U.S. Energy Information Administration’s Global Energy Security Data, specifically Table 1, “Estimated Strategic Oil Inventories for Select Countries.” The estimate includes both government-held and commercial inventories in China. Each market has a distinct threshold (ranging from 1,400 to 1,600 million barrels); if the published value exceeds the respective threshold, that market resolves to Yes. No subsequent revisions to the estimate will affect resolution, ensuring consistency based on the initial reported figure.
This market will resolve according to Japan's real gross domestic product growth rate (Quarter-over-Quarter Annualized, %) in the third quarter of 2026, as reported in the Japan Cabinet Office's Quarterly Estimates of GDP (First Preliminary Estimates) release for Q3 of 2026, scheduled for release on November 16, 2026. The relevant figure may be found in the summary document, in table 1-1 'Quarterly Real Growth Rate (Seasonally Adjusted Series, Quarter-to-Quarter)' — this figure expresses the quarterly growth rate compounded over four quarters to produce an annualized equivalent. Changes in the Japan Cabinet Office's GDP reporting format will not disqualify a published figure from counting. The GDP release will be made available here: https://www.esri.cao.go.jp/en/sna/sokuhou/sokuhou_top.html If the reported value falls exactly between two brackets, this market will resolve to the higher range bracket. If no data for the specified quarter is released by the date the next quarter's data is scheduled to be released, this market will resolve based on data from the last available quarter. Note: the resolution source for this market reports Quarter-over-Quarter Annualized GDP growth rates to only one decimal point (e.g. 2.1%). Thus, this is the level of precision that will be used when resolving the market. Note: data from the initial release of the referenced GDP report is what will be used to resolve this market. Data may be revised during the following quarter or as a part of the next estimate's publication, however any revisions to GDP report data made after the initial release will not be considered for this market's resolution. For the full release schedule, see: https://www.esri.cao.go.jp/en/sna/kouhyou/kouhyou_top.html
On Kalshi, odds reflect collective trader sentiment and may diverge from traditional analyst forecasts, which often incorporate macro models and policy outlooks. Prediction markets can price in rapid shifts in supply, demand, or geopolitical risk faster than periodic reports. While analysts may emphasize seasonal trends, this market captures real-time betting on inventory levels, sometimes highlighting risks or opportunities sooner.
On Predict and Kalshi, pricing can vary due to differences in user base, liquidity, and market design. Kalshi and Predict can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. For example, one platform might attract more institutional participants focusing on long-term energy policies, while another could reflect retail interest in short-term geopolitical headlines. These dynamics often create a spread of 43.8 between the two venues, especially when new data emerges.
This market resolves around Nov 17, 2026, with the outcome confirmed once official inventory figures for Q3 2026 are published and verified against credible public sources. The final determination will reflect the reported strategic oil stock levels for that period, closing all positions based on the verified number.
Key signals include official Chinese government announcements on reserve adjustments, unexpected disruptions in global oil supply chains, and shifts in demand due to economic growth or policy changes. Reports on refinery activity, storage capacity updates, and energy trade balances can also sway this market. Traders will watch geopolitical developments and commodity price swings, as these often preview changes in inventory management strategies.