TOTAL VOLUME:
$147.6b
24H VOL:
$156,130,290
24H TRANSACTIONS:
2,799,919,006
OPEN INTEREST:
$1,782,923,786
501,315
Markets across
37,757
events
MATCHED EVENTS:
2,847
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
Time left: 07d:21h:55m
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This market will resolve according to the third-highest ranked Company based on the arena.ai Text Arena (Overall) when the table under the "Leaderboard" tab filtered for "Labs" is checked on October 31, 2026, 12:00 PM ET. Results from the "Lab Rank" column under the "Text Arena | Overall" Leaderboard tab at https://arena.ai/leaderboard/text/overall-no-style-control?rankBy=labs with style control off (Adjustments: None) and filtered for "Labs" will be used to resolve this market. Note: Models marked “AutoEval” at the applicable check time will not be considered, regardless of whether they display a rank or score. AI companies will be ordered primarily by their Lab Rank at the market’s check time. If the results based on the lab ranking are ambiguous or unavailable, the relevant AI companies will be ordered according to their highest-ranking AI model in the leaderboard’s “Models” view. If two or more models are tied on rank, they will be ordered by their Arena score, including any underlying, unrounded, granular values reflected in the data below the leaderboard. If a tie still remains, alphabetical order of AI lab/company names as listed in this market group will be used as a final tiebreaker (e.g., if the two models are tied by exact arena score, “Google” would be ranked ahead of “SpaceXAI”). This market will resolve based on the company that occupies third place under this ranking. The resolution source for this market is the arena.ai Text Arena (Overall). If this resolution source is unavailable at check time, this market will remain open until the leaderboard comes back online and will resolve based on the first check after it becomes available. If it becomes permanently unavailable, this market will resolve to "Other".
This market will resolve according to the third-highest ranked Company based on the arena.ai Text Arena (Overall) when the table under the "Leaderboard" tab filtered for "Labs" is checked on October 31, 2026, 12:00 PM ET. Results from the "Lab Rank" column under the "Text Arena | Overall" Leaderboard tab at https://arena.ai/leaderboard/text/overall-no-style-control?rankBy=labs with style control off (Adjustments: None) and filtered for "Labs" will be used to resolve this market. Note: Models marked “AutoEval” at the applicable check time will not be considered, regardless of whether they display a rank or score. AI companies will be ordered primarily by their Lab Rank at the market’s check time. If the results based on the lab ranking are ambiguous or unavailable, the relevant AI companies will be ordered according to their highest-ranking AI model in the leaderboard’s “Models” view. If two or more models are tied on rank, they will be ordered by their Arena score, including any underlying, unrounded, granular values reflected in the data below the leaderboard. If a tie still remains, alphabetical order of AI lab/company names as listed in this market group will be used as a final tiebreaker (e.g., if the two models are tied by exact arena score, “Google” would be ranked ahead of “SpaceXAI”). This market will resolve based on the company that occupies third place under this ranking. The resolution source for this market is the arena.ai Text Arena (Overall). If this resolution source is unavailable at check time, this market will remain open until the leaderboard comes back online and will resolve based on the first check after it becomes available. If it becomes permanently unavailable, this market will resolve to "Other".
Compared to traditional analyst forecasts, this market often prices in nuances that formal reports may overlook, such as recent talent acquisitions or funding news. While analysts may rely on published performance metrics, traders react instantly to any signal that could affect rankings. This can lead to divergence, where the market implies a higher or lower probability for certain labs based on real-time data and speculation.
On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Polymarket, traders set the odds through a logarithmic market scoring rule, which balances risk and reward for both sides of each bet. The current implied probability reflects the collective wisdom of participants betting on which AI lab will finish third by Nov 1, 2026. Volume of $68,194 shows the level of interest and liquidity supporting these prices.
This market resolves around Nov 1, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The ranking will be determined by a widely accepted industry benchmark or poll conducted close to that date, and the third position will be settled against that authoritative source.
Key signals include major research publications, leadership changes, funding rounds, or high-profile project launches from competing AI labs. Any event that reshapes perceptions of technical progress or industry influence can shift trader sentiment. Additionally, broader market trends, such as regulatory developments or shifts in investor focus, may also impact odds as the Nov 1, 2026 deadline approaches.