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Market Microstructure Calculator Guide

How to use Kalshi vs Polymarket Arb Scanner

Daily-refreshed scan of arbitrage candidates across Kalshi and Polymarket. Paired contract matching, tax + resolution-risk overlay, no signup. Edge data, not advice.

By Orbyd Editorial · AI Fin Hub Team
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Kalshi vs Polymarket Arb Scanner

Daily-refreshed scan of arbitrage candidates across Kalshi and Polymarket. Paired contract matching, tax + resolution-risk overlay, no signup. Edge data.

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What It Does

Use the calculator with intent

Daily-refreshed scan of arbitrage candidates across Kalshi and Polymarket. Paired contract matching, tax + resolution-risk overlay, no signup. Edge data, not advice.

Active prediction-market traders who already understand the resolution-rule and tax differences between the two venues and need a candidate-set to scan, not a tutorial.

Interpreting Results

Sort by tax-adjusted edge first — gross edge is misleading once IRS Section 1256 vs ordinary-income treatment is applied. Watch resolution-risk: high-risk pairs need a wider edge to compensate.

Input Steps

Field by field

  1. 1

    The

    The tool polls both platforms and lists current cross-venue spreads on equivalent-event pairs.

  2. 2

    Read outputs

    Read the gross spread and net spread (after fees, gas, capital costs). Net spreads under 1% are usually not worth the operational complexity.

  3. 3

    Verify

    Verify event equivalence on the methodology page — subtle differences in resolution criteria can void apparent arbs.

  4. 4

    Check assumptions

    Check the depth of book on both venues. Apparent arbs with thin depth disappear at meaningful size.

  5. 5

    Read outputs

    Read disclaimers. The tool surfaces opportunities; it does not recommend execution. Real arb requires capital on both sides and operational tolerance for settlement delays.

Common Scenarios

Use realistic starting points

Election event with tight spreads

Event type

election

Min gross edge

1.5%

Most candidates have <1% gross edge after fees; the surviving rows are where size matters more than rate.

Macro event with wider spreads

Event type

macro

Min gross edge

3%

Resolution risk often dominates; check the per-venue rule text before sizing.

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Run the numbers next

FAQ

Questions people ask next

The short answers readers usually want after the first pass.

When the same underlying event is listed on both Kalshi (CFTC-regulated US prediction market) and Polymarket (offshore decentralized market), prices can diverge briefly. If Kalshi shows YES at $0.55 and Polymarket shows YES at $0.50, buying Polymarket and selling Kalshi locks a $0.05 profit minus fees. The tool finds and sizes these opportunities.

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Planning estimates only — not financial, tax, or investment advice.