DIVARIANCE
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politics · Cross-market analysis

Democrats hold 235+ House seats and 51+ Senate seats after the 2026 midterms

Resolution —·232 aligned observations·updated 32m ago
KALSHI
49.5%
updated 32m ago
POLYMARKET
50.0%
updated 32m ago
View market ↗
Current disagreement
-0.5 pp

The current absolute gap is 0.3× the historical median for this mapped pair.

Historical median
2.0 pp
P95
5.5 pp
Current percentile
P10
Observations
232
Signal

What the current disagreement tells us

Evidence only · no forecast
Raw divergence
-0.5 pp
Residual after spreads
0.0 pp
Historical percentile
P10
Resolution
REVIEW
Market quality
Kalshi quote
TWO SIDED · 1.0 pp
Polymarket quote
TWO SIDED · 2.0 pp
24h volume · Kalshi
8.2k
24h volume · Polymarket
324
Context

Up to 1.5 pp of the current gap can be attributed to the combined half-spreads. The remainder is the observed residual divergence.

Latest aligned observations were 0s apart.

The pair has an established internal history.

resolution-source metadata is missing or differs between sources; source cutoffs differ by more than one hour; Kalshi: Democrats hold 235+ House AND 51+ Senate seats after the 2026 midterms. Polymarket market title: "Blue tsunami in 2026?" Resolution mapping should be reviewed against Polymarket rules.

Persistence
Current state
Gap below 5 pp
Duration
—
Since
—

Persistence tracks consecutive aligned observations with an absolute gap of at least 5 pp.

Historical divergence

How the disagreement behaved over time

Absolute divergence · percentage points
232 aligned observations
Source probabilities · %
— Kalshi— Polymarket
After large divergences

Did the gap tend to narrow?

Episodes begin when the absolute gap reaches at least 7 pp. We separate episode starts by 24 hours to avoid counting one prolonged divergence repeatedly. Closure is measured against the initial gap.

HorizonEpisodes with follow-upMean closureMedian closureSmaller gap
+1h15.6%5.6%100.0%
+3h174.5%74.5%100.0%
+6h249.0%49.0%100.0%
+12h271.9%71.9%100.0%
+24h358.2%45.0%100.0%

3 qualifying divergence episodes observed; horizon counts above include only episodes with matched follow-up data.

Historical behavior is descriptive, not a forecast or guarantee.

Resolution fidelity
REVIEW

resolution-source metadata is missing or differs between sources; source cutoffs differ by more than one hour; Kalshi: Democrats hold 235+ House AND 51+ Senate seats after the 2026 midterms. Polymarket market title: "Blue tsunami in 2026?" Resolution mapping should be reviewed against Polymarket rules.

Kalshi rules
available
Polymarket rules
available
Kalshi resolution source
not stated
Polymarket resolution source
Source cutoff difference
658h 1m
Source questions
Kalshi
Will Democrats hold 235 or more seats in the House after the 2026 midterms AND hold 51 or more seats in the Senate after the 2026 midterms?
Polymarket
Blue tsunami in 2026?