Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Kalshi Alternative) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Go to the live market → |
Polymarket (direct) polymarket.com |
100% | 0% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Go to the live market → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Go to the live market → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Go to the live market → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Go to the live market → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| ≤3.6% | 100% |
| 3.7% | 0% |
| 3.8% | 0% |
| 3.9% | 0% |
| 4.0% | 0% |
| 4.1% | 0% |
| 4.2% | 0% |
| 4.3% | 0% |
| 4.4% | 0% |
| 4.5% | 0% |
| 4.6% | 0% |
| ≥4.7% | 0% |
Market context
The 12-month inflation rate ending June 2026 will be released by the Bureau of Labor Statistics on 14 July 2026. This figure measures the percentage change in the Consumer Price Index (unadjusted for seasonality) from June 2025 to June 2026, capturing the cumulative effect of price movements across goods and services over a full calendar year. The current 100% implied probability across prediction markets suggests consensus that inflation will register as a measurable positive figure—a reasonable baseline given that deflation over a 12-month window remains historically uncommon in the modern US economy.
Year-on-year inflation comparisons are heavily influenced by base effects from the prior-year period. June 2025 will serve as the comparison point; if inflation was elevated in mid-2025, the June 2026 reading will face a higher hurdle for significant acceleration. The Federal Reserve's policy stance through late 2025 and early 2026 will shape near-term price pressures. Recent BLS reports show core inflation moderating from 2022–2023 peaks, though energy and shelter costs remain volatile components that could shift the aggregate figure materially.
Traders monitoring this market across Polymarket, Kalshi, Betfair and Smarkets will encounter different contract structures: Polymarket typically offers binary YES/NO contracts with percentage-based fees, whilst Kalshi provides decimal-odds pricing and operates under CFTC oversight in the US, affecting KYC requirements and user eligibility. Betfair and Smarkets use traditional betting odds and commission models. The settlement date of 15 July 2026 allows a one-day buffer after the official BLS release, reducing ambiguity around which published figure governs resolution.
Methodology
This page compares June Inflation US - Annual specifically across Polymarket, Kalshi, Betfair Exchange and Smarkets. The live probability is the Polymarket mid; the comparison columns summarise each venue's fee structure, KYC, settlement currency and payment rails. Every CTA routes to Kalshi Alternative, which mirrors the Polymarket order book at 0% fees.
Resolution & payout
Settlement is the biggest difference between the four platforms: Polymarket on-chain in USDC (instant), Kalshi USD via CFTC (T+1), Betfair and Smarkets in local currency via bank withdrawal (T+1 to T+3). On-chain settlement clears in minutes — the fastest payout path of the four.
FAQ
- What does Polymarket cost vs Kalshi?
- Polymarket: 0% fees, only Polygon network costs (~$0.01/trade). Kalshi: up to 7% per trade plus spread. For high-frequency traders, Polymarket is dramatically cheaper.
- Which platform has the deepest liquidity?
- Polymarket — by a wide margin. Top markets reach $50-500M volume, Kalshi ~$200M cumulative, Betfair similar. Deeper liquidity means your trade moves the quote less.
- What about Smarkets as an alternative?
- Smarkets is a UK betting exchange with a lower default commission (2%) than Betfair. Liquidity on political markets is below Polymarket, comparable to Kalshi. Geo-blocked in many jurisdictions.
- Which platform is accessible globally?
- Polymarket is geo-blocked in the US/UK/EU. Kalshi is US-only. Betfair and Smarkets are UK-restricted. Kalshi Alternative has a different geo footprint and routes to Polymarket's order book at 0% fees.
- Which platform supports Klarna/SOFORT?
- Directly: none. Polymarket accepts only USDC on Polygon. Kalshi Alternative offers a fiat on-ramp via Klarna or SOFORT (DE/AT/CH) and converts internally to USDC for the Polymarket order book. T+1 processing.
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