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: Jun 10, 11:27 AM EST
Kalshi
This market tracks whether Congress will pass and the President will sign legislation funding ICE's Enforcement and Removal Operations before the start of 2027. On Kalshi, the probability that such funding legislation becomes law stands at 91.3%. Resolution is determined by whether qualifying legislation has been enacted into law after market issuance and before January 1, 2027, according to the resolution source. Watch for legislative activity in Congress during the budget and appropriations cycles leading up to the January 1, 2027 deadline, as this will be the primary signal for whether funding legislation reaches the President's desk.
Prediction market odds on Kalshi reflect traders' aggregated expectations about ICE funding legislation, which often diverge from traditional polling. While polls measure public sentiment on immigration policy broadly, prediction markets incorporate legislative dynamics, committee schedules, and political feasibility. The market's probability embeds real-money incentives for accuracy, making it a forward-looking gauge distinct from snapshot surveys. Comparing the two reveals whether traders see higher or lower odds than public opinion alone would suggest.
The market resolves on Jan 1, 2027. Resolution hinges on whether legislation that funds ICE's Enforcement and Removal Operations becomes law before June 1, 2026. Traders should monitor congressional activity, committee votes, and executive branch statements regarding ICE appropriations. The outcome is binary: either qualifying legislation passes and becomes law by the deadline, or it does not. Final determination follows the platform's standard resolution process.
Key catalysts include congressional budget negotiations, committee hearings on ICE appropriations, and shifts in legislative priorities following elections or leadership changes. Immigration enforcement debates, border security developments, and partisan positioning on immigration policy directly influence funding prospects. Presidential statements, agency budget requests, and floor votes on appropriations bills will move odds significantly. Media coverage of ICE operations and public opinion swings on immigration can also shift trader expectations about legislative feasibility before the June 2026 deadline.