Midterm margin of victory·closes in 14mo

Will the margin of victory for Democrats in the New Mexico's 2nd District House election be at least 10 percentage points?

YES means Vasquez, 10+ pts

24h volume
0
674 lifetime
Open interest
381
+305 over 30d
Spread
3.86 × 5 at the touch
24h range
50¢ – 58¢
11 recent trades
Chance of YES
50%

A YES contract costs 51¢ and pays $1 if it happens.

NO
50%

costs 56¢

YES bid / ask
44¢ / 51¢
NO bid / ask
49¢ / 56¢
24h low 50¢24h high 58¢
Recent buying1% YES · 99% NO
What Galdor thinks

An independent read of this market

1Reads the rules literallySettlement source, close time, and the edge cases that flip an outcome.
2Checks the tape and the webOrder book, flow, price history, then targeted searches with sources.
3Gives a straight answerA probability with a band, and one of four calls: YES, NO, wait, or stay out.

Generated by an AI analyst from live exchange data and public web sources. Research and analytics, not investment advice. Markets can move after this was written.

Price history

YES price per candle with the bid/ask band, volume underneath. Times in UTC.

0¢25¢50¢75¢100¢volAug 22Sep 21

Order book

Resting orders, both sides shown as YES prices. Bars are size.

Order book unavailable.

How this market resolves

Verbatim from Kalshi. Read this before the price.

If the Democratic Party wins the 2026 U.S. House of Representatives election in New Mexico's 2nd District by 10 percentage points or more, then the market resolves to Yes.

The margin of victory shall be calculated as follows based on the margin type. For percentage points: the vote percentage received by the Democratic Party minus the vote percentage received by the candidate/party/option that finishes immediately behind the Democratic Party if the Democratic Party wins, or the candidate/party that finishes first if the Democratic Party loses. Each margin range is inclusive of its lower bound and exclusive of its upper bound. No rounding shall be applied to the calculated margin. For example, for consecutive ranges of 5-6% and 6-7%, a margin of 5.99999% resolves within the 5-6% range, while a margin of exactly 6% resolves within the 6-7% range. If the Democratic Party runs under multiple parties or is listed multiple times, votes attributable to the same underlying natural the Democratic Party will be summed. If the Democratic Party wins the election, the margin will be positive. If the Democratic Party loses the election, the margin will be negative. If the Democratic Party ties for first place, the margin shall be 0. For uncontested races where the Democratic Party is the only candidate, the margin shall be 100 percentage points or the total number of votes cast (for raw votes).

opened
May 5 · 8:20 PM UTC
closes
Nov 3, 2027 · 3:00 PM UTC · may close early
settles by
Nov 3, 2027 · 3:00 PM UTC
floor
10
ticker
KXMIDTERMMOV-NM02D-P10
Trade it on kalshi.com

Other outcomes in this event

Outcomes in this event settle independently.

Recent trades

Over the last 11 trades, 1% of contracts were bought on the YES side.

WhenYESContractsSide
2d ago50¢193bought no
4d ago50¢9.66bought no
5d ago51¢49bought no
9d ago50¢48bought no
13d ago58¢3.86bought yes
13d ago50¢0.21bought no
16d ago50¢3.86bought no
1mo ago52¢5bought no
2mo ago51¢3.94bought no
2mo ago52¢45bought no
2mo ago53¢5bought no

Prices are YES cost in cents and approximate the market’s implied probability. Data is read live from the Kalshi Trade API on every page load. galdor.xyz places no orders and holds no positions. Research and analytics, not investment advice.