Who will run for the 2028 Republican presidential nomination?

As of Fri, 06 Nov 2026 10:10:52 UTC, Kalshi traders price Ron DeSantis (89.0%), Ted Cruz (81.0%), J.D. Vance (77.0%). The market has $621K in volume and closes on Sat, 01 Jan 2028.

Updated:

Current odds

OutcomeChanceYes priceNo price
Ron DeSantis89.0%89.0¢11.0¢
Ted Cruz81.0%81.0¢19.0¢
J.D. Vance77.0%77.0¢23.0¢
Tom Cotton68.0%68.0¢32.0¢
Thomas Massie67.0%67.0¢33.0¢
Rand Paul67.0%67.0¢33.0¢
Doug Burgum61.0%61.0¢39.0¢
Marco Rubio56.0%56.0¢44.0¢
Brian Kemp51.0%51.0¢49.0¢
John Kennedy43.0%43.0¢57.0¢
Sarah Huckabee Sanders43.0%43.0¢57.0¢
Chris Christie40.0%40.0¢60.0¢
John McEntee38.0%38.0¢62.0¢
Glenn Youngkin37.0%37.0¢63.0¢
Joe Kent36.0%36.0¢64.0¢

Market details

Resolution rules

Each outcome is a separate contract with its own rules. The rules for Ron DeSantis:

If Ron DeSantis announces a presidential campaign to contest the presidential nomination of the Republican party for the 2028 U.S. presidential election before Jan 1, 2028, then the market resolves to Yes.

Sources

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