Kalshi market · KXPRESNOMD-28-SAS
Will Stephen A. Smith be the Democratic Presidential nominee in 2028?
| Last trade | 24h volume | Lifetime volume | Open interest | Closes |
|---|---|---|---|---|
| 0.3¢ | $539 | $6.5M | $3.9M | 2028-11-07 |
Prices in cents per $1 contract; volumes in USD. Last trade is the most recent value our archive holds for this market.
What are the current odds for Will Stephen A. Smith be the Democratic Presidential nominee in 2028??
The Kalshi market “Will Stephen A. Smith be the Democratic Presidential nominee in 2028?” is currently priced at 0.3¢ (0.3%), its last trade, and closes 2028-11-07.
Odds history
bid/ask spreadmidtrade (yes)trade (no)
How this market settles
The exact settlement rules Kalshi publishes for this market — the fine print that decides who gets paid:
If Stephen A. Smith wins and accepts the nomination for the Presidency for the Democratic party in 2028, then the market resolves to Yes.
Where the result comes from: This market will close after Democratic nominates an individual for the Presidency and they accept that nomination.
What this bet really costs you
| Venue | Fee per contract | Total taker fee |
|---|---|---|
| Kalshi | 0.07¢ | $0.07 |
| Polymarket US | 0.06¢ | $0.06 |
Exchange-side taker fees per each venue's published formula (rate × contracts × price × (1 − price), Kalshi rounds the order total up to the next cent). Fees peak at 50¢ and shrink toward the extremes. Most quoted cross-venue “arbs” are negative-EV after these fees — the taker-fee breakeven on a Kalshi/Polymarket pair is roughly 3.5–4¢.