TOTAL VOLUME:
$134b
24H VOL:
$107,351,958
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,416,970,024
400,720
Markets across
30,097
events
MATCHED EVENTS:
2,633
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 18, 6:40 PM EST
Kalshi
This event group asks whether the Russell 2000 Index (RUT) will close higher or lower on Thursday, July 2, 2026 compared to the prior trading day. Polymarket frames this as a directional comparison (Up vs Down), while Kalshi presents ten redundant threshold-based conditions, all pointing to a Yes resolution if RUT reaches any value of $2,960 or higher during the June 18–30 window—a fundamentally different settlement logic.
This market will resolve to "Up" if the official Russell 2000 Index closing price for Russell 2000 (RUT) on Thursday, July 2, 2026 is higher than the official Russell 2000 Index closing price for RUT on the most recent prior trading day. This market will resolve to "Down" if the official Russell 2000 Index closing price for Russell 2000 (RUT) on Thursday, July 2, 2026 is lower than the official Russell 2000 Index closing price for RUT on the most recent prior trading day. E.g., ordinarily, a market on Monday would refer to the previous Friday for its most recent closing price, unless that Friday were a market holiday, in which case it would refer to Thursday, or the next most recent trading day. If the two specified closing prices are exactly equal, this market will resolve 50-50. Note that all figures will be rounded to the nearest cent using standard rounding. If RUT does not trade at all during the regular session, the market will resolve 50-50. If either of the relevant days are shortened (for example, due to a market holiday schedule), the official closing price published by Russell 2000 Index for that shortened session will still be used for resolution. If either of the relevant days have no official closing price (for example, due to a trading halt into the market close, system issue, delisting, or other disruption), the market will use the last valid on-exchange trade price of the regular session as the effective closing price. The resolution source for this market is the Wall Street Journal, specifically the Close values published by the WSJ under "Historical Prices". US: https://www.wsj.com/market-data/stocks EMEA: https://www.wsj.com/market-data/stocks/emea ASIA: https://www.wsj.com/market-data/stocks/asia
Resolution is based on the Russell 2000 Index (RUT) as reported by Trading View, using the index's natively published level in its own currency and units without conversion. For each price threshold, resolution occurs if the index reaches or exceeds that level at any single point during June 18–30, 2026; sustained levels are not required. A single intraday touch of the threshold is sufficient for Yes resolution. Index levels are evaluated to two decimal places. Post-expiration revisions to the underlying data are not considered. If no data is available by the Expiration Date for the specified period, all outcomes except "No data" or "None" resolve to No.
Prediction market prices reflect real-money incentives and continuous price discovery, often diverging from traditional analyst consensus. While equity strategists may issue quarterly or monthly outlooks, this market updates minute-by-minute as new information arrives. Traders who profit from accurate calls tend to incorporate forward-looking signals—earnings surprises, macroeconomic data, Fed communications—faster than consensus estimates refresh. Comparing current odds to sell-side forecasts can highlight where the crowd sees asymmetric risk relative to published guidance.
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 operates under distinct regulatory frameworks, fee structures, and liquidity pools, which can create temporary price gaps. Kalshi and Polymarket may attract different trader demographics and risk tolerances, leading to varying marginal valuations of the same outcome. Additionally, differences in market depth, order-book design, and settlement mechanics can cause one platform to price in tail risks or near-term volatility more aggressively than the other, even when both are tracking the identical Russell 2000 close direction.
Macroeconomic data—employment reports, inflation readings, Fed rate decisions—typically drive broad small-cap sentiment and can shift odds sharply. Earnings surprises from Russell 2000 constituents, sector-specific news (retail, energy, financials), and geopolitical developments also influence intraday momentum. Technical levels and options expiry dynamics on the underlying index can create volatility clustering. Additionally, shifts in risk appetite, credit spreads, and relative performance of growth versus value stocks may sway traders' directional conviction in the final days before settlement.