TOTAL VOLUME:
$134.1b
24H VOL:
$133,388,117
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,436,095,462
405,232
Markets across
30,526
events
MATCHED EVENTS:
2,693
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 6, 5:04 PM EST
Kalshi
This market tracks the outcome of the Portugal vs. Spain Round of 16 match in the 2026 FIFA World Cup. Aggregated across Kalshi and Polymarket, the consensus probability for Spain winning stands at 100.0%. Resolution will be determined by the official FIFA World Cup match result on July 6, 2026. Watch the match on July 6, 2026, as the outcome will determine which team advances to the quarterfinals.
This event is for the upcoming FIFA World Cup game, scheduled for Monday, July 6, 2026 between Portugal and Spain.
If Portugal advance past Spain in the Portugal vs Spain soccer match in the Round Of 16 of the FIFA World Cup, then the market resolves to Yes. If Spain advance past Portugal in the Portugal vs Spain soccer match in the Round Of 16 of the FIFA World Cup, then the market resolves to Yes.
Polymarket and Kalshi can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Each platform attracts different trader demographics, liquidity pools, and regulatory frameworks. Kalshi operates under CFTC oversight with specific contract rules, while Polymarket uses a different resolution and settlement model. Funding availability, fee structures, and user interface design also influence which traders gravitate to each venue. These structural differences mean identical events can trade at slightly different odds across platforms. Arbitrage traders exploit these gaps, but temporary spreads persist due to friction costs and capital constraints. Monitoring both venues helps you understand where consensus is strongest and where outlier pricing may signal hidden information.
Key catalysts include team roster announcements, injury updates to star players, and official lineup confirmations closer to kickoff. Tactical shifts, coaching changes, or surprise withdrawals can reshape perceived win probability. Weather conditions and venue factors may also influence trader positioning. Pre-match press conferences and training-ground reports often trigger repricing as new information emerges. Historical head-to-head records and recent form updates will drive sentiment shifts. Additionally, movements in related markets—such as goal-total or player performance props—can cascade into this match outcome market. Active traders monitor sports news feeds and social sentiment to front-run major repricing events.